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, Spectrum Solutions, Inc. 401(K) Plan is a benefit plan reported by Spectrum Solutions, Inc. under EIN 63-1277338 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $11,066,307 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,066,307
- Net assets (EOY)
- $11,066,307
- Net assets (BOY)
- $9,468,862
Income & contributions
- Participant contributions
- $817,662
- Total contributions
- $817,662
- Total income / additions
- $2,050,732
Expenses & distributions
- Benefits paid
- $402,421
- Administrative expenses
- $50,866
- Total expenses
- $453,287
- Net increase / (decrease)
- $1,597,445