2023 Form 5500 filing — Sparrow Health System Associate Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014161123NAL0013600675003) for Sparrow Health System Associate Retirement Savings Plan, reported by Sparrow Health System under EIN 38-2542859 and plan number 003. It reports 11,524 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014161123NAL0013600675003
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Sparrow Health System
- EIN
- 38-2542859
- Plan number
- 003
- Location
- Lansing, MI
- Participants
- 11,524
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $691,603,756
- Net assets (EOY)
- $691,603,756
- Employer contributions
- $27,597,261
- Participant contributions
- $41,513,330
- Total income / additions
- $181,527,726
- Benefits paid
- $52,318,092
- Administrative expenses
- $780,405
- Total expenses
- $53,099,129
- Net increase / (decrease)
- $128,428,597
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $760,724 | $0 |
| Charles Schwab & Co, Inc. | SECURITIES BROKER | $844 | $0 |
| National Financial Services | SECURITIES BROKER | $0 | $0 |