Spectrum Academy 401(K) Retirement Plan — Form 5500 plan (Spectrum Academy)
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 Academy 401(K) Retirement Plan is a benefit plan reported by Spectrum Academy under EIN 76-0817459 and plan number 001. The latest loaded filing year is 2023. The filing reports 448 participants and $6,506,824 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Spectrum Academy
- EIN
- 76-0817459
- Plan number
- 001
- Plan type
- 2
- Location
- North Salt Lake, UT
- Latest filing year
- 2023
- Participants
- 448
- End-of-year plan assets
- $6,506,824
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 448 | H, C | 20240925090010NAL0008170115001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,506,824
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,506,824
- Net assets (BOY)
- $4,801,249
Income & contributions
- Employer contributions
- $644,734
- Participant contributions
- $464,842
- Total contributions
- $1,122,288
- Total income / additions
- $2,086,074
Expenses & distributions
- Benefits paid
- $336,354
- Administrative expenses
- $44,145
- Total expenses
- $380,499
- Net increase / (decrease)
- $1,705,575
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | SERVICE PROVIDER | $0 | $19,407 | 2023 |