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Spectrum Resource Center

Advice, Articles, Events, Insights, News, Newsletters, Opinions, Press Releases, Updates, and More from Spectrum.

Petros Koumantaros
Petros Koumantaros's Article
Its Time to Restate Your Defined Benefit Plan Document

It’s Time to Restate Your Defined Benefit Plan Document

If your company sponsors a Defined Benefit Pension Plan, your plan document must be formally rewritten or “restated” to comply with the rules and regulations that were passed as part of the Pension Protection Act of 2006. We invite you to watch our quick video that will provide the information you need to know now, including the government deadline.
Encourage Greater Participation with a QACA Safe Harbor

Encourage Greater Participation with a QACA Safe Harbor

You may know that Safe Harbor contributions to your 401(k) plan allows you to bypass the annual nondiscrimination testing requirements. This, in turn, ensures you can maximize your personal contributions to the plan. One of the Safe Harbor options is called a Qualified Automatic Contribution Arrangement or QACA for short. The unique characteristics of QACA can make your plan more attractive to your employees. This can boost participation rates and put more of your people on a savings path.
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Spectrum Update and Service Enhancements Q3'2019

Spectrum was overjoyed the 2019 Spectrum Open raised over $140,000 toward cancer research, treatment, and care. Avoid ERISA Health and Welfare Plan fines, penalties, and lawsuits with our ERISA Wrap SPD and Plan Document. We are delighted to announce the launch of Spectrum Platform - the Most Flexible Recordkeeping Technology + Service Solution Available to Employers, brokers/plan advisers, and TPAs.
ERISA Wrap SPD Solution

Wrap Document to Comply With ERISA Summary Plan Description (SPD) Requirement

Virtually every private sector employer offering employee benefit plans is subject to certain ERISA requirements. Any such employers must provide an SPD to paraticipants. Failing to comply can be very costly for employers. Insurance carrier documents are generally inadequate. One solution for employers is to use an ERISA Wrap Document or Wrap SPD.
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Spectrum Update and Service Enhancements Q2'2019

Spectrum was thrilled to celebrate its 41st birthday on July 3, 2019. Please join us on Monday, August 26, for our signature annual charity fundraiser, the Spectrum Open Golf Tournament and Dinner Event. We also announce the launch of an ERISA Wrap Document Wizard, which makes ERISA Health and Welfare Document Compliance very easy for employers.
401(k) Provider Guide

Retirement Plan Provider Guide

Workplace retirement plans can be complicated. The compliance rules, investments, reporting, tax forms, and terminology are enough to make any plan sponsor’s head spin. Even the roles of service providers can be confusing. Our retirement plan provider guide enables plan sponsors to tear up all those business cards and get to the root of what each service provider does.

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