Plan Ledger DOL Form 5500 · updated monthly

Spectrum Diversified Designs, LLC401(k)

SPECTRUM DIVERSIFIED DESIGNS, LLC 401(K) RETIREMENT PLAN · GLENWILLOW, OH · plan year 2022

Reported admin expense ratio · 2022
0.51%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Spectrum Diversified Designs, LLC reported $15,413 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $2,113 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,925th of 3,295), and 3,977th of 4,246 in wholesale trade. In 2022, employees put in $2.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,619,434
Participants with balances93
Active participants59
Employer contributions$124,659
Employee contributions$270,190
Employer contribution per active participant$2,113
Average account balance$28,166
Benefits paid to participants$599,589
Plan auditUnmodified (clean) audit opinion
AuditorRSM
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,048
Investment management$7,365
Total administrative$15,413
The Spectrum Diversified Designs, LLC 401(k) match · 2022
Employer contribution per active participant$2,113
Median for plans this size$1,114

Spectrum Diversified Designs, LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,413 · 0.51%
Similar plansWholesale Trade · Ohio
Euro USA, Inc. OH$3.4M · 0.92%
Lake City Plating OH$2.8M · 0.36%
Hpj Industries Inc. OH$2.5M · 1.02%
K & K Interiors, Inc. OH$2.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475369151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.