Plan Snapshot
- Plan Sponsor: Spectra Metal Sales, INC.
- Sponsor EIN: 592878371
- Sponsor Address: 6104 BOAT ROCK BLVD., ATLANTA, GA, 30336
- Plan Type: 401(k)
- Total Participants: 470
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 470 | $13.7M | $846,250 | $1.6M |
| 2023 | 441 | $12.0M | $706,251 | $1.3M |
| 2022 | 763 | $9.1M | $799,733 | $1.0M |
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 |
|---|---|---|---|---|
| TRIAD ADVISORS LLC | Investment Advisor | — | $28,694 | $28,694 |
| MY BENEFITS, LLC | Recordkeeper | $6,387 | $6,053 | $12,440 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRIAD ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,134
- Estimated Expense Ratio: 0.300% 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 | $53,040 | — | $53,040 | — | — |
| 2023 | $34,636 | — | $34,636 | — | — |
| 2022 | $25,686 | — | $25,686 | — | — |