Plain-English plan 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, Sparrow Health System Associate Retirement Savings Plan is a benefit plan reported by Sparrow Health System under EIN 38-2542859 and plan number 003. The latest loaded filing year is 2023. The filing reports 11,524 participants and $691,603,756 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $691,603,756
- Net assets (EOY)
- $691,603,756
- Net assets (BOY)
- $563,175,159
Income & contributions
- Employer contributions
- $27,597,261
- Participant contributions
- $41,513,330
- Total contributions
- $71,468,494
- Total income / additions
- $181,527,726
Expenses & distributions
- Benefits paid
- $52,318,092
- Administrative expenses
- $780,405
- Total expenses
- $53,099,129
- Net increase / (decrease)
- $128,428,597