401(k) · DOL Form 5500 · 2024

Spectro Alloys Corporation 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
164
Participants Small participant base
60th
Percentile by assets National rank
$75,729
Avg per participant Below avg balance/head
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Official DOL plan name: Spectro Alloys 401(k) Plan · Sponsored by Spectro Alloys Corporation · Minnesota · Manufacturing

$12M in assets, 164 participants

Spectro Alloys Corporation's Spectro Alloys 401(k) Plan reported $12M in total assets and 164 participants in its 2024 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.

  • #8,421 in Manufacturing (17,777 peers)

Coverage in Minnesota

Spectro Alloys 401(k) Plan covers 164 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $12M.

#8,421
in Manufacturing (17,777 peers)
-9.5%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spectro Alloys 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Spectro Alloys 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,419,484 Top 40% higher than 60% of 123,620 filed plans

This plan $0 $2,050,000,000 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 2024

Spectro Alloys 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spectro Alloys 401(k) Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spectro Alloys 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Spectro Alloys 401(k) Plan reported participants rose from 147 in the plan year 2023 filing to 164 in the plan year 2024 filing.
  • Spectro Alloys 401(k) Plan end-of-year assets fell from $14M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 410943329 · Spectro Alloys Corporation PY 2024 · 401(k)

Spectro Alloys 401(k) Plan · $12M · 164 · 60th

  • PHOTO $12M
  • PHOTO 164
  • PHOTO 60th
  • PHOTO 401(k)
  • PHOTO near The Sterno Group Companies, LLC 401(k) Profit Sharing and Trust
  • PHOTO ind #8421

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Spectro Alloys 401(k) Plan in the asset neighbourhood

Spectro Alloys 401(k) Plan$12MThe Sterno Group Companies, LLC 401(k) Profit Sharing and TrustThe Sterno Group Companies, …$12MMorrison Express Corp. (USA) 401(k) Retirement PlanMorrison Express Corp. (USA)…$12MElectrical Wholesale Supply Co., Inc. 401(k) Profit Sharing PlanElectrical Wholesale Supply …$12MPlantel Nurseries, Inc. 401(k) Profit Sharing PlanPlantel Nurseries, Inc. 401(…$12M
End-of-year total assets ($M) among Spectro Alloys 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN410943329
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spectro Alloys Corporation)

Sponsor-wide plan assets over time

All Spectro Alloys Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$12M 6.621166211018235% vs 2022
2024 filing year
$11M$12M$13M$14M 202220232024 $11.7M $12.4M ▲ +6.6%
Year Plans Participants Total Assets
2022 1 124 $12M
2023 1 147 $14M
2024 1 164 $12M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Spectro Alloys 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Spectro Alloys 401(k) Plan, Total assets ($B): 0.012419484 · Participants: 164Spectro Alloys 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Spectro Alloys 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Spectro Alloys 401(k) Plan side-by-side with 3 peers →

Spectro Alloys 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is The Sterno Group Companies, LLC 401(k) Profit Sharing and Trust in TX ($12M); by covered participants it is Meadows Bank 401(k) Retirement Plan in NV (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spectro Alloys 401(k) Plan assets move in 2024? ▼
Spectro Alloys 401(k) Plan pulled back noticeably - down 9.5% during 2024, from $14M to $12M. Reported net income was -$1M.
How have Spectro Alloys Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectro Alloys Corporation's sponsor-wide assets grew 6.6%, from $12M to $12M.
Which 401(k) plans are similar in size to Spectro Alloys 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Sterno Group Companies, LLC 401(k) Profit Sharing and Trust in TX ($12M, 258 participants).
Which 401(k) plans cover a similar participant headcount to Spectro Alloys 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Meadows Bank 401(k) Retirement Plan in NV (164 participants, $20M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410943329.

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.