Plan Snapshot
- Plan Sponsor: Spec Services, INC.
- Sponsor EIN: 953672375
- Sponsor Address: 10540 TALBERT AVENUE SUITE 100 EAST, FOUNTAIN VALLEY, CA, 92708
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $104.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 196 | $104.1M | $3.8M | $1.6M |
| 2023 | 192 | $90.7M | $3.5M | $1.5M |
| 2022 | 175 | $78.6M | $3.2M | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $18,028 | — | $18,028 |
| WRIGHT FORD YOUNG & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WRIGHT FORD YOUNG & CO — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,028
- Estimated Expense Ratio: 0.017% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $18,053 | — | $3,662 | — | — |
| 2023 | $18,292 | — | $17,602 | — | — |
| 2022 | $16,629 | — | $16,454 | — | — |