Profit Sharing · DOL Form 5500 · 2023

Spectrum Lighting, Inc. Austin Profit Sharing Plan

Data updated 2026-08-11

$11M
Total assets
28
Participants
60th
Percentile by assets
$379,121
Avg per participant
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Official DOL plan name: Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan · Sponsored by Spectrum Lighting, Inc. Austin · Texas · Construction

$11M in assets, 28 participants

Spectrum Lighting, Inc. Austin's Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan reported $11M in total assets and 28 participants in its 2023 DOL Form 5500 filing, ranking in the 60th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 60th percentile by assets (of 127,072 plans)
  • #5,258 in Construction (9,030 peers)

Spectrum Lighting, Inc. Austin multi-year trail

Spectrum Lighting, Inc. Austin's plans moved +43.3% in assets from 2022 to 2024; this filing shows Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan at $11M / 28 participants.

$11M
total plan assets (2023 EOY)
28
covered participants
60th
percentile by assets (of 127,072 plans)
$379,121
avg assets per participant

Where Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan sits by total assets

Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,615,381 Top 40% higher than 60% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan reported participants fell from 29 in the plan year 2022 filing to 28 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Construction

Spectrum Lighting, Inc. Austin across 3 plan years on file

Across the 3 plan years Spectrum Lighting, Inc. Austin has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $12M, a gain of 43.3%, while reported participants moved from 29 to 26 (-10.3%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($8M).

Spectrum Lighting, Inc. Austin multi-year asset trail

$6M$8M$10M$12M$14M 202220232024 $8.25M $11.8M ▲ +43.3%
Total plan assets by year, all Spectrum Lighting, Inc. Austin plans on file
Year Plans Participants Total Assets
2022 1 29 $8M
2023 1 28 $11M
2024 1 26 $12M

Spectrum Lighting, Inc. Austin filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN742581136
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Spectrum Lighting, I…Southwest Airlines C…Baylor College of Me…H-E-B Partner Stock …The Defined Contribu…American Heart Assoc…
Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Spectrum Lighting, Inc. - Austin Profit … side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan assets move in 2023? ▼
Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan grew sharply - up 28.7% during 2023, from $8M to $11M. Reported net income was $2M.
How have Spectrum Lighting, Inc. Austin plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectrum Lighting, Inc. Austin's sponsor-wide assets grew 43.3%, from $8M to $12M.
Which Profit Sharing plans are similar in size to Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Shriver Nursing Services, Inc 403(b) Plan in MA ($11M, 125 participants).

Next read for Spectrum Lighting, Inc. - Austin Profit …

Multi-year trail

Ways to act on Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan's numbers.

  • By total assets, Spectrum Lighting, Inc. - Austin Profit Sharing 401(k) Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Texas. Compare plans
  • Spectrum Lighting, Inc. Austin's sponsor-wide assets have grown 43.3% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742581136.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.