Plan Snapshot
- Plan Sponsor: Spectrum Assembly INC
- Sponsor EIN: 330556110
- Sponsor Address: 6300 YARROW DR # 100, CARLSBAD, CA, 920111542
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $5.9M
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 | 186 | $5.9M | $82,185 | $414,804 |
| 2023 | 144 | $4.7M | $0 | $307,765 |
| 2022 | 152 | $4.0M | $0 | $314,113 |
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 |
|---|---|---|---|---|
| SAGEPOINT FINANCIAL, INC. | ADVISOR | $11,709 | — | $11,709 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,709
- Estimated Expense Ratio: 0.199% 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 | $15,040 | $12,714 | $1,466 | — | — |
| 2023 | $21,412 | $9,505 | $11,047 | — | — |
| 2022 | $20,323 | $10,104 | $10,219 | — | — |