401(k) · DOL Form 5500 · 2023

Sparc Group LLC 401(k) Plan

Data updated 2026-08-11

$294M
Total assets
7,576
Participants
96th
Percentile by assets
$38,804
Avg per participant
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Official DOL plan name: The Sparc Group LLC 401(k) Investment and Savings Plan · Sponsored by Sparc Group LLC · New Jersey · Retail Trade

$294M in assets, 7,576 participants

Sparc Group LLC's The Sparc Group LLC 401(k) Investment and Savings Plan reported $294M in total assets and 7,576 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,216 in Retail Trade (8,414 peers)

Coverage in New Jersey

The Sparc Group LLC 401(k) Investment and Savings Plan covers 7,576 participants in New Jersey, 9.0x the typical New Jersey plan (state average ~844 per filing). Assets: $294M.

$294M
total plan assets (2023 EOY)
7,576
covered participants
96th
percentile by assets (of 127,072 plans)
$38,804
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Sparc Group LLC 401(k) Investment and Savings Plan reported net income rose from $6M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • The Sparc Group LLC 401(k) Investment and Savings Plan reported participants rose from 4,691 in the plan year 2022 filing to 7,576 in the plan year 2023 filing.
  • The Sparc Group LLC 401(k) Investment and Savings Plan end-of-year assets rose from $232M in the plan year 2022 filing to $294M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. The Sparc Group LLC 401(k) Investment and Savings Plan reports 7,576 participants - 9.0x that state average ($294M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$232M
Net Assets (End of Year)$294M
Net Income$54M
Employer EIN813795831
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparc Group LLC)

$200M$250M$300M$350M$400M 202220232024 $232M $342M ▲ +47.1%
Total plan assets by year, all Sparc Group LLC plans on file
Year Plans Participants Total Assets
2022 1 4,691 $232M
2023 1 7,576 $294M
2024 1 11,521 $342M

Nearby 401(k) Plans in New Jersey

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

The Sparc Group LLC 401(k) Investment and Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

The Sparc Group LLC 401(k) Investment and Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants The Sparc Group LLC …JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
The Sparc Group LLC 401(k) Investment and Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for The Sparc Group LLC 401(k) Investment and Savings Plan

The Sparc Group LLC 401(k) Investment and Savings Plan reports $294M in end-of-year assets across 7,576 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $38,804 per participant (28% of the national average assets-per-participant) . Net income for plan year 2023 was $54M.

This plan identity (EIN 813795831, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $232M to $342M (+47.1%) while covered participants moved from 4,691 to 11,521 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,691 $232M Open filing
2023 7,576 $294M This page
2024 · index core 11,521 $342M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Sparc Group LLC 401(k) Investment and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Sparc Group LLC 401(k) Investment and Savings Plan assets move in 2023?
The Sparc Group LLC 401(k) Investment and Savings Plan grew sharply - up 26.5% during 2023, from $232M to $294M. Reported net income was $54M.
How have Sparc Group LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sparc Group LLC's sponsor-wide assets grew 47.1%, from $232M to $342M.
Where does The Sparc Group LLC 401(k) Investment and Savings Plan rank by assets among Form 5500 filers?
The Sparc Group LLC 401(k) Investment and Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Sparc Group LLC 401(k) Investment and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Medical Associates Clinic P. C. 401(k) Profit Sharing Plan in IA ($294M, 1,089 participants).

Next read for The Sparc Group LLC 401(k) Investment an…

Filing takeaways

Ways to act on The Sparc Group LLC 401(k) Investment and Savings Plan's numbers.

  • By total assets, The Sparc Group LLC 401(k) Investment and Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Sparc Group LLC's sponsor-wide assets have grown 47.1% since 2022 across 3 plan years on file. More Retail Trade plans