SPARK INSTITUTE MISSION
What Makes Our Community So Special?
Ralph Ferraro, SPARK Governing Board Chairman
SPARK Institute is a member-driven, non-profit organization and leading voice in Washington for the retirement plan industry. We help shape national retirement policy by developing and advancing positions on critical issues that affect plan sponsors, participants, service providers, and investment providers.
Our members include recordkeepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms and investment managers. Collectively, our members serve approximately 100 million participants in 401(k) and other defined contribution plans.
Through the combined expertise of our member companies, we provide these key services:
- Testimony and advocacy on pending legislative and regulatory issues to members of Congress and relevant Government agency officials
- Industry-wide information sharing
- Research and education on trends and experiences with employer sponsored retirement plans
- Shared and agreed upon processing procedures that help make both the plan sponsor and plan participant experience better