Plan Snapshot
- Plan Sponsor: Spectrum Engineers, INC.
- Sponsor EIN: 870387182
- Sponsor Address: 324 SOUTH STATE STREET, SALT LAKE CITY, UT, 84111
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $41.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 136 | $41.8M | $1.8M | $1.2M |
| 2023 | 134 | $31.3M | $1.5M | $993,476 |
| 2022 | 126 | $23.6M | $1.4M | $904,314 |
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 |
|---|---|---|---|---|
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
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 | $5,947 | $68,951 | — | — | — |
| 2023 | $997 | $53,324 | — | — | — |
| 2022 | -$1,231 | $5,819 | — | — | — |