# Spectrum Mortgage Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/spectrum-mortgage-group-inc-401k-plan

> Spectrum Mortgage Group, INC.'s 401(k) plan: 4 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Spectrum Mortgage Group, INC.

- **Sponsor EIN:** 650244044

- **Sponsor Address:** 2511 ANDERSON ROAD, CORAL GABLES, FL, 33134

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

- **Total Participants:** 4

- **Total Assets:** $2.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|4|$2.8M|$45,139|$107,000|

| 2023|4|$2.5M|$43,073|$99,375|

| 2022|4|$2.2M|$36,819|$95,000|

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