Plan Snapshot
- Plan Sponsor: Spectra Logic Corp.
- Sponsor EIN: 840922076
- Sponsor Address: 6285 LOOKOUT ROAD, BOULDER, CO, 80301
- Plan Type: 401(k)
- Total Participants: 281
- Total Assets: $53.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 281 | $53.4M | $759,175 | $2.8M |
| 2023 | 286 | $51.5M | $665,070 | $3.0M |
| 2022 | 329 | $44.2M | $698,991 | $3.2M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $165,362 | $97,945 | — | — | — |
| 2023 | $167,656 | $106,914 | — | — | — |
| 2022 | $179,250 | $108,257 | $25,527 | — | $25,611 |