Spectraforce Technologies, Inc. 401(K) Plan — Form 5500 plan (Spectraforce Technologies, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Spectraforce Technologies, Inc. 401(K) Plan is a benefit plan reported by Spectraforce Technologies, Inc. under EIN 56-2206755 and plan number 001. The latest loaded filing year is 2023. The filing reports 645 participants and $4,729,697 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Spectraforce Technologies, Inc.
EIN
56-2206755
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
Participants
645
End-of-year plan assets
$4,729,697

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023645H, C20240920093914NAL0007586337001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,729,697
Total liabilities (EOY)
$0
Net assets (EOY)
$4,729,697
Net assets (BOY)
$3,684,658

Income & contributions

Employer contributions
$147,259
Participant contributions
$1,125,961
Total contributions
$1,322,751
Total income / additions
$2,035,931

Expenses & distributions

Benefits paid
$883,836
Administrative expenses
$35,344
Total expenses
$990,892
Net increase / (decrease)
$1,045,039

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$16,384$02023
Guardian Wealth Partners LLCINVESTMENT ADVISOR$13,441not reported in the loaded dataset2023
Guardian Wealth Advisors LLCINVESTMENT ADVISOR$2,826not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$2,693not reported in the loaded dataset2023

Related Form 5500 pages