2023 Form 5500 filing — Spectraforce Technologies, Inc. 401(K) Plan
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 20240920093914NAL0007586337001) for Spectraforce Technologies, Inc. 401(K) Plan, reported by Spectraforce Technologies, Inc. under EIN 56-2206755 and plan number 001. It reports 645 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240920093914NAL0007586337001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spectraforce Technologies, Inc.
- EIN
- 56-2206755
- Plan number
- 001
- Location
- Raleigh, NC
- Participants
- 645
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,729,697
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,729,697
- Employer contributions
- $147,259
- Participant contributions
- $1,125,961
- Total income / additions
- $2,035,931
- Benefits paid
- $883,836
- Administrative expenses
- $35,344
- Total expenses
- $990,892
- Net increase / (decrease)
- $1,045,039
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $16,384 | $0 |
| Guardian Wealth Partners LLC | INVESTMENT ADVISOR | $13,441 | not reported in the loaded dataset |
| Guardian Wealth Advisors LLC | INVESTMENT ADVISOR | $2,826 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,693 | not reported in the loaded dataset |