401(k) · DOL Form 5500 · 2024

Sparrows Offshore, LLC 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
294
Participants Below avg headcount
68th
Percentile by assets National rank
$60,780
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sparrows Offshore, LLC 401(k) Savings Plan · Sponsored by Sparrows Offshore, LLC · Texas · Manufacturing

$18M in assets, 294 participants

Sparrows Offshore, LLC's Sparrows Offshore, LLC 401(k) Savings Plan reported $18M in total assets and 294 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,120 in Manufacturing (17,777 peers)

Coverage in Texas

Sparrows Offshore, LLC 401(k) Savings Plan covers 294 participants in Texas, about 43% of the average Texas filer (state average ~688 per filing). Assets: $18M.

#10,120
in Manufacturing (17,777 peers)
+10.0%
assets growth YoY

Sparrows Offshore, LLC 401(k) Savings Plan's outsized position by total assets

Sparrows Offshore, LLC 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$17,869,238 Top 32% higher than 68% of 123,620 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 2024

Sparrows Offshore, LLC 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sparrows Offshore, LLC 401(k) Savings Plan sits mid-pack in the medium band (294 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sparrows Offshore, LLC 401(k) Savings Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sparrows Offshore, LLC 401(k) Savings Plan reported participants rose from 252 in the plan year 2023 filing to 294 in the plan year 2024 filing.
  • Sparrows Offshore, LLC 401(k) Savings Plan end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 200100337 · Sparrows Offshore, LLC PY 2024 · 401(k)

Sparrows Offshore, LLC 401(k) Savings Plan · $18M · 294 · 68th

  • EIN $18M
  • EIN 294
  • EIN 68th
  • EIN 401(k)
  • EIN near Qc Financial Services 401(k) Retirement Plan
  • EIN ind #10120

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 Manufacturing retirement plans → · Plans in Texas →

Sparrows Offshore, LLC 401(k) Savings Plan in the asset neighbourhood

Sparrows Offshore, LLC 401(k) Savings PlanSparrows Offshore, LLC 401(k…$18MQc Financial Services 401(k) Retirement PlanQc Financial Services 401(k)…$18MClassic Wire Cut Company, Inc. 401(k) PlanClassic Wire Cut Company, In…$18MThe Springs Company 401(k) Savings and Retirement PlanThe Springs Company 401(k) S…$18MMilrose Consultants, LLC 401(k)/Profit Sharing PlanMilrose Consultants, LLC 401…$18M
End-of-year total assets ($M) among Sparrows Offshore, LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN200100337
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparrows Offshore, LLC)

Sponsor-wide plan assets over time

All Sparrows Offshore, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.45297064641341% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.4M $17.9M ▲ +33.5%
Year Plans Participants Total Assets
2022 1 213 $13M
2023 1 252 $16M
2024 1 294 $18M

Nearby 401(k) Plans in Texas

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

Sparrows Offshore, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sparrows Offshore, LLC 401(k) Savings Plan, Total assets ($B): 0.017869238 · Participants: 294Sparrows Offshore, LLC 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Sparrows Offshore, LLC 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Sparrows Offshore, LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Qc Financial Services 401(k) Retirement Plan in KS ($18M); by covered participants it is Calbag Metals Company Profit Sharing Plan in OR (294 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (294 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sparrows Offshore, LLC 401(k) Savings Plan assets move in 2024?
Sparrows Offshore, LLC 401(k) Savings Plan grew at a solid clip - up 10.0% during 2024, from $16M to $18M. Reported net income was $2M.
How have Sparrows Offshore, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sparrows Offshore, LLC's sponsor-wide assets grew 33.5%, from $13M to $18M.
Which 401(k) plans are similar in size to Sparrows Offshore, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Qc Financial Services 401(k) Retirement Plan in KS ($18M, 734 participants).
Which 401(k) plans cover a similar participant headcount to Sparrows Offshore, LLC 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Calbag Metals Company Profit Sharing Plan in OR (294 participants, $19M in assets).