401(k) · DOL Form 5500 · 2024

Sparrow Development, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
108
Participants Small participant base
46th
Percentile by assets National rank
$56,324
Avg per participant Low balance/head
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Official DOL plan name: Sparrow Health System Affiliate 401(k) Plan · Sponsored by Sparrow Development, Inc. · Michigan · Healthcare & Social Assistance

$6M in assets, 108 participants

Sparrow Development, Inc.'s Sparrow Health System Affiliate 401(k) Plan reported $6M in total assets and 108 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #8,373 in Healthcare & Social Assistance (16,916 peers)

Coverage in Michigan

Sparrow Health System Affiliate 401(k) Plan covers 108 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#8,373
in Healthcare & Social Assistance (16,916 peers)
+0.2%
assets growth YoY

Sparrow Health System Affiliate 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Sparrow Health System Affiliate 401(k) Plan vs every filed plan by assets

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

$6,083,038 46th percentile higher than 46% 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

Sparrow Health System Affiliate 401(k) 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. Sparrow Health System Affiliate 401(k) Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sparrow Health System Affiliate 401(k) Plan reported net income fell from $638K in the plan year 2023 filing to $13K in the plan year 2024 filing.
  • Sparrow Health System Affiliate 401(k) Plan reported participants fell from 114 in the plan year 2023 filing to 108 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382595963 · Sparrow Development, Inc. PY 2024 · 401(k)

Sparrow Health System Affiliate 401(k) Plan · $6M · 108 · 46th

  • 5500 $6M
  • ASSETS 108
  • PCT 46th
  • EIN 401(k)
  • RANK near Quartet Mso, LLC 401(k) Profit Sharing Plan
  • PHOTO ind #8373

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Sparrow Health System Affiliate 401(k) Plan in the asset neighbourhood

Sparrow Health System Affiliate 401(k) PlanSparrow Health System Affili…$6MQuartet Mso, LLC 401(k) Profit Sharing PlanQuartet Mso, LLC 401(k) Prof…$6MSisbarro Dealerships 401(k) Profit Sharing Plan and TrustSisbarro Dealerships 401(k) …$6MNed S. Holmes Investments, Inc. 401(k) PlanNed S. Holmes Investments, I…$6MChildren's Medical Group Retirement PlanChildren's Medical Group Ret…$6M
End-of-year total assets ($M) among Sparrow Health System Affiliate 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$13K
Employer EIN382595963
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sparrow Development, Inc.)

Sponsor-wide plan assets over time

All Sparrow Development, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 11.990245513560344% vs 2022
2024 filing year
$5.2M$5.4M$5.6M$5.8M$6M$6.2M 202220232024 $5.43M $6.08M ▲ +12.0%
Year Plans Participants Total Assets
2022 1 98 $5M
2023 1 114 $6M
2024 1 108 $6M

Nearby 401(k) Plans in Michigan

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

Sparrow Health System Affiliate 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Sparrow Health System Affiliate 401(k) Plan, Total assets ($B): 0.006083038 · Participants: 108Sparrow Health System Affiliate 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Sparrow Health System Affiliate 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Sparrow Health System Affiliate 401(k) Plan side-by-side with 3 peers →

Sparrow Health System Affiliate 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Quartet Mso, LLC 401(k) Profit Sharing Plan in PA ($6M); by covered participants it is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Sparrow Health System Affiliate 401(k) Plan assets move in 2024? ▼
Sparrow Health System Affiliate 401(k) Plan held essentially flat - up 0.2% during 2024, from $6M to $6M. Reported net income was $13K.
How have Sparrow Development, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sparrow Development, Inc.'s sponsor-wide assets grew 12.0%, from $5M to $6M.
Which 401(k) plans are similar in size to Sparrow Health System Affiliate 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Quartet Mso, LLC 401(k) Profit Sharing Plan in PA ($6M, 208 participants).
Which 401(k) plans cover a similar participant headcount to Sparrow Health System Affiliate 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is El Centro De Corazon 401(k) Profit Sharing Plan and Trust in TX (108 participants, $4M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382595963.

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.