Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Spectrum Equity Management
Spectrum Equity Management 401(k)
- Finance and insurance
- San Francisco, CA
- EIN 04-3190022
- 1 plan with Schedule H financials
- Plan year 2024
- Spectrum Equity Management, Inc.
Administrative expenses excluding investment management, per participant · Spectrum Equity Management, Inc. Profit Sharing Retirement Plan · plan year 2024
$84.52
Higher than 44% of the 8,758 plans $50 to 250M that report it.
Source
= $13,354 / 158
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010091030NAL0007418913001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010091030NAL0007418913001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-10.
Cost and contributions
Administrative expenses per participant
$84.52
Higher than 29% of the 9,042 plans $50 to 250M that report it.
Source
= $13,354 / 158
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010091030NAL0007418913001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010091030NAL0007418913001, received 2025-10-10
Administrative expenses as a share of assets
0.020%
Higher than 9% of the 9,049 plans $50 to 250M that report it.
Source
= $13,354 / $66,879,221
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010091030NAL0007418913001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010091030NAL0007418913001, received 2025-10-10
Employer contributions per participant
$10,723
Higher than 94% of the 9,105 plans $50 to 250M that report it.
Source
= $1,694,200 / 158
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010091030NAL0007418913001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010091030NAL0007418913001, received 2025-10-10
Employer share of total contributions
56.9%
Higher than 95% of the 9,112 plans $50 to 250M that report it.
Source
= $1,694,200 / $2,977,305
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010091030NAL0007418913001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010091030NAL0007418913001, received 2025-10-10
Plan terms, as stated in Spectrum Equity Management, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010091030NAL0007418913001, received 2025-10-10
Full record, Spectrum Equity Management, Inc. Profit Sharing Retirement Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SPECTRUM EQUITY MANAGEMENT, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Plan name | SPECTRUM EQUITY MANAGEMENT, INC. PROFIT SHARING RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Sponsor EIN / plan number | 04-3190022 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Sponsor location | SAN FRANCISCO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Industry (business code) | 523900, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Participants, beginning of year | 156 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Active participants | 73 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Participants, end of year | 158 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Participants with an account balance | 158 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total assets, beginning of year | $52,641,876 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total assets, end of year | $66,879,221 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Net assets, end of year | $66,879,221 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total income | $15,072,196 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Net income | $14,237,345 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Employer contributions | $1,694,200 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Participant contributions | $1,273,939 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $9,166 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total contributions | $2,977,305 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Benefit payments | $821,497 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $834,851 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Total administrative expenses | $13,354 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Contract administrator fees | $13,354 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Administrative expenses excluding investment management | $13,354 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010091030NAL0007418913001, received 2025-10-10 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010091030NAL0007418913001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010091030NAL0007418913001, received 2025-10-10.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRI-AD ACTUARIES, INCrecordkeeper | NONE | 13 Contract administrator; 15 Recordkeeping and information management; 27 Investment advisory (plan); 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $10,007 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251010091030NAL0007418913001, received 2025-10-10.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $52,641,876 | $66,879,221 | 27.0% |
| Participants with a balance | 152 | 158 | 3.9% |
| Administrative expenses | $400 | $13,354 | 3238.5% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,599,623 | $1,694,200 | 5.9% |
Prior filing 20240926214236NAL0001256609001, received 2024-09-26; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: SPECTRUM EQUITY MANAGEMENT, INC.; SEC registrant: Spectrum Equity Management, Inc. (CIK 1657260, matched by EIN).