2023 Form 5500 filing — Sparrow Health System Associate Retirement Plan For 403(B) Transfers

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014161421NAL0026682753001) for Sparrow Health System Associate Retirement Plan For 403(B) Transfers, reported by Sparrow Health System under EIN 38-2542859 and plan number 004. It reports 369 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17MReported net assets$17,027,338
Participants369
Provider compensation$7.8K3 Schedule C row(s)$7,831
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014161421NAL0026682753001
Plan sponsor
Sparrow Health System
EIN
38-2542859
Plan number
004
Location
Lansing, MI
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$17M total assets
Net assets$17MLiabilities
Money in vs. money out
Total income / additions$5.6M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
EmployerNot reported
Participant$1.3M
Full reported line items
Total assets (EOY)
$17,027,338
Net assets (EOY)
$17,027,338
Participant contributions
$1,339,912
Total income / additions
$5,621,449
Benefits paid
$2,086,218
Administrative expenses
$8,765
Total expenses
$2,094,983
Net increase / (decrease)
$3,526,466

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Transamerica Retirement SolutionsRECORDKEEPER$7,826$0
Charles Schwab & Co., IncSECURITIES BROKER$5$0
National Financial ServicesSECURITIES BROKER$0$0

Related Form 5500 pages