Spectrum Solutions, Inc. Employee Stock Ownership Plan — Form 5500 plan (Spectrum Solutions, Inc.)
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. Employee Stock Ownership Plan is a benefit plan reported by Spectrum Solutions, Inc. under EIN 63-1277338 and plan number 002. The latest loaded filing year is 2023. The filing reports 115 participants and $3,084,758 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Spectrum Solutions, Inc.
- EIN
- 63-1277338
- Plan number
- 002
- Plan type
- 2
- Location
- Madison, AL
- Latest filing year
- 2023
- Participants
- 115
- End-of-year plan assets
- $3,084,758
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 115 | H | 20251114150057NAL0006303106001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,084,758
- Total liabilities (EOY)
- $162,837
- Net assets (EOY)
- $2,921,921
- Net assets (BOY)
- $2,163,686
Income & contributions
- Employer contributions
- $559,995
- Total contributions
- $559,995
- Total income / additions
- $904,079
Expenses & distributions
- Benefits paid
- $116,797
- Administrative expenses
- $1,275
- Total expenses
- $145,844
- Net increase / (decrease)
- $758,235
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.