# Spectrum Medical, INC. 401(k) Plan
Source: https://planprovider.pro/companies/spectrum-medical-inc-401k-plan-002

> Spectrum Medical, INC.'s 401(k) plan: 106 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Spectrum Medical, INC.

- **Sponsor EIN:** 208208460

- **Sponsor Address:** 481 MUNN RD., FORT MILL, SC, 29715

- **Plan Type:** 401(k)

- **Total Participants:** 106

- **Total Assets:** $8.9M

## 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|106|$8.9M|$416,419|$971,417|

| 2023|91|$6.9M|$311,531|$760,345|

| 2022|73|$4.8M|$306,951|$593,931|

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