Profit Sharing · DOL Form 5500 · 2024

The Sparks Law Firm, P.C. Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
2
Participants Small participant base
27th
Percentile by assets National rank
$793,808
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Sparks Law Firm, P.C. Profit Sharing Plan · Sponsored by The Sparks Law Firm, P.C. · Arizona · Professional & Technical Services

$2M in assets, 2 participants

The Sparks Law Firm, P.C.'s The Sparks Law Firm, P.C. Profit Sharing Plan reported $2M in total assets and 2 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #4,537 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

The Sparks Law Firm, P.C. Profit Sharing Plan holds $2M for 2 participants - about $793,808 per participant, in the lower half of filed plans by assets.

#4,537
in Professional & Technical Services (20,173 peers)
-2.3%
assets change YoY

The plan reported a net loss of $37K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Sparks Law Firm, P.C. Profit Sharing Plan among the smaller filed plans by assets

The Sparks Law Firm, P.C. Profit Sharing Plan vs every filed plan by assets

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

$1,587,616 27th percentile higher than 27% 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

The Sparks Law Firm, P.C. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Sparks Law Firm, P.C. Profit Sharing Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Sparks Law Firm, P.C. Profit Sharing Plan reported participants fell from 4 in the plan year 2023 filing to 2 in the plan year 2024 filing.
  • The Sparks Law Firm, P.C. Profit Sharing Plan reported net income rose from -$40K in the plan year 2023 filing to -$37K in the plan year 2024 filing.
  • The Sparks Law Firm, P.C. Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 860294414 · The Sparks Law Firm, P.C. PY 2024 · Profit Sharing

The Sparks Law Firm, P.C. Profit Sharing Plan · $2M · 2 · 27th

  • 5500 $2M
  • 5500 2
  • 5500 27th
  • 5500 Profit Sharing
  • 5500 near Hector I. Maldonado Lopez Retirement Plan
  • 5500 ind #4537

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 Arizona →

The Sparks Law Firm, P.C. Profit Sharing Plan in the asset neighbourhood

The Sparks Law Firm, P.C. Profit Sharing PlanThe Sparks Law Firm, P.C. Pr…$2MHector I. Maldonado Lopez Retirement PlanHector I. Maldonado Lopez Re…$2MJames Koretz, D.M.D. Profit Sharing PlanJames Koretz, D.M.D. Profit …$2MFernando G. Salazar Garcia Retirement PlanFernando G. Salazar Garcia R…$2MSomerset Pulmonary & Critical Care Associates PA Profit Sharing PlanSomerset Pulmonary & Critica…$2M
End-of-year total assets ($M) among The Sparks Law Firm, P.C. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$37K
Employer EIN860294414
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Sparks Law Firm, P.C.)

Sponsor-wide plan assets over time

All The Sparks Law Firm, P.C. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 4.681922048417445% vs 2022
2024 filing year
$1.55M$1.6M$1.65M$1.7M 202220232024 $1.67M $1.59M ▼ -4.8%
Year Plans Participants Total Assets
2022 1 4 $2M
2023 1 4 $2M
2024 1 2 $2M

Nearby Profit Sharing Plans in Arizona

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Sparks Law Firm, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -20020406080 Total assets ($M) Participants The Sparks Law Firm, P.C. Profit Sharing Plan, Total assets ($M): 1.587616 · Participants: 2The Sparks Law Firm, P.C. Profit Sharing PlanPreferred Employer Plan II, Total assets ($M): 75.769033 · Participants: 415Preferred Employer Plan IIKitchell Affiliates Employees' Profit Sharing Plan, Total assets ($M): 66.376951 · Participants: 557Kitchell Affiliates Employees' Profit Sharing PlanFood & Beverage Workers Union Local 23 & Employers Pension Plan, Total assets ($M): 49.870633 · Participants: 5107Food & Beverage Workers Union Local 23 & Employers Pension PlanM R Sheet Metal Mfg Inc Profit Sharing Plan Trust, Total assets ($M): 49.19255 · Participants: 25M R Sheet Metal Mfg Inc Profit Sharing Plan TrustCenter for Biological Diversity 403(b) DC Plan, Total assets ($M): 33.775352 · Participants: 187Center for Biological Diversity 403(b) DC Plan
The Sparks Law Firm, P.C. Profit Sharing Plan vs. nearby Profit Sharing plans in Arizona, assets vs. participants

The Sparks Law Firm, P.C. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Arizona, the nearest Profit Sharing by assets is Hector I. Maldonado Lopez Retirement Plan in PR ($2M); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

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 The Sparks Law Firm, P.C. Profit Sharing Plan assets move in 2024?
The Sparks Law Firm, P.C. Profit Sharing Plan edged down modestly - down 2.3% during 2024, from $2M to $2M. Reported net income was -$37K.
How have The Sparks Law Firm, P.C. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Sparks Law Firm, P.C.'s sponsor-wide assets declined 4.7%, from $2M to $2M.
Which Profit Sharing plans are similar in size to The Sparks Law Firm, P.C. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Hector I. Maldonado Lopez Retirement Plan in PR ($2M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to The Sparks Law Firm, P.C. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M in assets).