2023 Form 5500 filing — Spectrum Medical, Inc. Profit Sharing Retirement 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 20250714082821NAL0001160720001) for Spectrum Medical, Inc. Profit Sharing Retirement Plan, reported by Spectrum Medical, Inc. under EIN 54-0883143 and plan number 001. It reports 129 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250714082821NAL0001160720001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spectrum Medical, Inc.
- EIN
- 54-0883143
- Plan number
- 001
- Location
- Danville, VA
- Participants
- 129
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,470,696
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,470,696
- Employer contributions
- $569,680
- Participant contributions
- $459,449
- Total income / additions
- $3,348,115
- Benefits paid
- $4,226,577
- Administrative expenses
- $20,125
- Total expenses
- $4,246,702
- Net increase / (decrease)
- -$898,587
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Harris, Harvey, Neal & Co., Llp | AUDITOR | $16,475 | not reported in the loaded dataset |
| Merrill Lynch | RECORDKEEPING INFO MGMT | $1,150 | $0 |