Spectrum Properties Management Company401(k)
THE SPECTRUM PROPERTIES RETIREMENT SAVINGS PLAN AND TRUST · CHARLOTTE, NC · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Spectrum Properties Management Company reported $56,919 in plan administrative expenses for 2022: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,027 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.
Across the 1 year on file its reported administrative ratio fell from 0.49% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in North Carolina (1,079th of 2,005), and 1,078th of 2,096 in real estate & leasing. In 2022, employees put in $5.97 for every $1.00 the employer contributed.
Spectrum Properties Management Company's 2022 employer contribution ran below the $2,266 median for plans its size. 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 561657184 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.