401(k) · DOL Form 5500 · 2024

Spectrum Academy 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
341
Participants Below avg headcount
51st
Percentile by assets National rank
$23,594
Avg per participant Low balance/head
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Official DOL plan name: Spectrum Academy 401(k) Retirement Plan · Sponsored by Spectrum Academy · Utah · Educational Services

$8M in assets, 341 participants

Spectrum Academy's Spectrum Academy 401(k) Retirement Plan reported $8M in total assets and 341 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #1,256 in Educational Services (3,638 peers)

Spectrum Academy multi-year trail

Spectrum Academy's plans moved +67.6% in assets from 2022 to 2024; this filing shows Spectrum Academy 401(k) Retirement Plan at $8M / 341 participants.

#1,256
in Educational Services (3,638 peers)
+23.6%
assets growth YoY

Spectrum Academy 401(k) Retirement Plan's mid-pack asset rank among Educational Services and all filers

Spectrum Academy 401(k) Retirement Plan vs every filed plan by assets

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

$8,045,577 Top 49% higher than 51% 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

Spectrum Academy 401(k) Retirement 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. Spectrum Academy 401(k) Retirement Plan sits mid-pack in the medium band (341 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spectrum Academy 401(k) Retirement Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Spectrum Academy 401(k) Retirement Plan reported participants rose from 308 in the plan year 2023 filing to 341 in the plan year 2024 filing.
  • Spectrum Academy 401(k) Retirement Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 760817459 · Spectrum Academy PY 2024 · 401(k)

Spectrum Academy 401(k) Retirement Plan · $8M · 341 · 51st

  • BOOK $8M
  • VS-ST 341
  • BOY 51st
  • SCH 401(k)
  • EBSA near The Briar Team, LLC 401(k) Profit Sharing Plan
  • PART ind #1256

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 Educational Services retirement plans → · Plans in Utah →

Spectrum Academy 401(k) Retirement Plan in the asset neighbourhood

Spectrum Academy 401(k) Retirement PlanSpectrum Academy 401(k) Reti…$8MSlk America Inc. 401(k) Plan$8MAraz Group De, LLC 401(k) Savings PlanAraz Group De, LLC 401(k) Sa…$8MThe Briar Team, LLC 401(k) Profit Sharing PlanThe Briar Team, LLC 401(k) P…$8MBrainerd Chemical 401(k) Retirement PlanBrainerd Chemical 401(k) Ret…$8M
End-of-year total assets ($M) among Spectrum Academy 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Spectrum Academy multi-year asset trail

Sponsor-wide plan assets over time

All Spectrum Academy plans reported in each filing year

Latest sponsor-wide plan assets
$8M 67.57258371727856% vs 2022
2024 filing year
$4M$5M$6M$7M$8M$9M 202220232024 $4.8M $8.05M ▲ +67.7%
Year Plans Participants Total Assets
2022 1 301 $5M
2023 1 308 $7M
2024 1 341 $8M

Spectrum Academy filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN760817459
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Utah

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

Spectrum Academy 401(k) Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Spectrum Academy 401(k) Retirement Plan, Total assets ($B): 0.008045577 · Participants: 341Spectrum Academy 401(k) Retirement PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Spectrum Academy 401(k) Retirement Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Spectrum Academy 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is The Briar Team, LLC 401(k) Profit Sharing Plan in FL ($8M); by covered participants it is Keeler Motor Car Co Limited 401(k) Profit Sharing Plan and Trust in NY (341 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (341 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 Spectrum Academy 401(k) Retirement Plan assets move in 2024?
Spectrum Academy 401(k) Retirement Plan grew sharply - up 23.6% during 2024, from $7M to $8M. Reported net income was $2M.
How have Spectrum Academy plan assets changed over time?
Across 3 plan years on file (2022-2024), Spectrum Academy's sponsor-wide assets grew 67.6%, from $5M to $8M.
Which 401(k) plans are similar in size to Spectrum Academy 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is The Briar Team, LLC 401(k) Profit Sharing Plan in FL ($8M, 259 participants).
Which 401(k) plans cover a similar participant headcount to Spectrum Academy 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Keeler Motor Car Co Limited 401(k) Profit Sharing Plan and Trust in NY (341 participants, N/A in assets).