Plan Ledger DOL Form 5500 · updated monthly

Spectrum Solutions, Inc.401(k)

SPECTRUM SOLUTIONS, INC. 401(K) PLAN · MADISON, AL · plan year 2023

Reported admin expense ratio · 2023
0.50%

Spectrum Solutions, Inc. reported $50,866 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~75% of peers. 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 440th-largest of 902 plans among Alabama employers on file, and 7,668th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$11,066,307
Participants with balances138
Active participants131
Employer contributions—
Employee contributions$817,662
Employer contribution per active participant—
Average account balance$80,191
Benefits paid to participants$402,421
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,324
Investment management$45,542
Total administrative$50,866
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FCG INVESTMENT COMPANY · Investment advisory (participants) · Investment advisory (plan)$33,895
PCS RETIREMENT$11,647

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$50,866 · 0.50%
Similar plansProfessional & Technical Services · Alabama
Victory Solutions, Inc. AL$12.2M · 0.04%
Theranest, LLC AL$11.9M · 0.99%
Tidwell Group, LLC AL$11.6M · 0.47%
Trinova, Inc. AL$10.9M · 0.35%
Oasys, Inc. AL$10.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844208426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.