401(k) · DOL Form 5500 · 2023

Sprout Social, Inc. 401(k) Plan

Data updated 2026-08-25

$82M
Total assets Below avg plan size
938
Participants Near avg headcount
90th
Percentile by assets National rank
$87,379
Avg per participant Below avg balance/head
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Official DOL plan name: Sprout Social Retirement Plan · Sponsored by Sprout Social, Inc. · Illinois · Professional & Technical Services

$82M in assets, 938 participants

Sprout Social, Inc.'s Sprout Social Retirement Plan reported $82M in total assets and 938 participants in its 2023 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,511 in Professional & Technical Services (20,321 peers)

Where Sprout Social Retirement Plan sits by assets

Sprout Social Retirement Plan sits in the top 10% of all filed plans by assets, $82M for 938 participants (~$87,379/participant), up 53.3% in 2023.

#18,511
in Professional & Technical Services (20,321 peers)
+53.3%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Sprout Social Retirement Plan's outsized position by total assets

Sprout Social Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$81,961,742 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Sprout Social Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sprout Social Retirement Plan sits mid-pack in the medium band (938 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sprout Social Retirement Plan reported net income rose from $4M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Sprout Social Retirement Plan end-of-year assets rose from $53M in the plan year 2022 filing to $82M in the plan year 2023 filing.
  • Sprout Social Retirement Plan reported participants rose from 750 in the plan year 2022 filing to 938 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 272404165 · Sprout Social, Inc. PY 2023 · 401(k)

Sprout Social Retirement Plan · $82M · 938 · 90th

  • RANK $82M
  • PHOTO 938
  • IND 90th
  • EOY 401(k)
  • 5500 near Tpx 401(k) Plan
  • ASSETS ind #18511

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Illinois →

Sprout Social Retirement Plan in the asset neighbourhood

Hilde Companies Profit Sharing and 401(k) Savings PlanHilde Companies Profit Shari…$82MMammoet USA South, Inc 401(k) Profit Sharing Plan and TrustMammoet USA South, Inc 401(k…$82MR.E. Michel Company, LLC 401(k) Profit Sharing and Savings PlanR.E. Michel Company, LLC 401…$82MSprout Social Retirement Plan$82MTpx 401(k) Plan$82M
End-of-year total assets ($M) among Sprout Social Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$82M
Net Income$28M
Employer EIN272404165
Plan Effective Date2018-10-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Sprout Social, Inc.)

Sponsor-wide plan assets over time

All Sprout Social, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113M 112.23240621955179% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $53.5M $113M ▲ +112.2%
Year Plans Participants Total Assets
2022 1 750 $53M
2023 1 938 $82M
2024 1 1,041 $113M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Sprout Social Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Sprout Social Retirement Plan, Total assets ($B): 0.081961742 · Participants: 938Sprout Social Retirement PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Sprout Social Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Sprout Social Retirement Plan side-by-side with 3 peers →

Sprout Social Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Tpx 401(k) Plan in TX ($82M); by covered participants it is Csw Industrials, Inc. Employee Savings Plan in TX (938 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (938 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sprout Social Retirement Plan assets move in 2023? ▼
Sprout Social Retirement Plan surged - up 53.3% during 2023, from $53M to $82M. Reported net income was $28M.
How have Sprout Social, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sprout Social, Inc.'s sponsor-wide assets grew 112.2%, from $53M to $113M.
Where does Sprout Social Retirement Plan rank by assets among Form 5500 filers? ▼
Sprout Social Retirement Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sprout Social Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tpx 401(k) Plan in TX ($82M, 942 participants).
Which 401(k) plans cover a similar participant headcount to Sprout Social Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Csw Industrials, Inc. Employee Savings Plan in TX (938 participants, $62M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 272404165.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.