A one-size-fits all approach to workplace retirement plans does not work for every employer. With SpectrumPlan™, employers have complete flexibility with plan design, plan features, plan investments, and even plan providers. Our consulting team works with clients to ensure each custom plan design precisely fits an employer's objectives.
SpectrumPlan™ enables employers to hire the right plan provider for each principal retirement plan management function. But don't worry, with Spectrum as your Plan Consultant, you can count on our expertise and advice to help make the best choices for your organization.
A plan's contracted administrator or third party administrator (TPA) deals with plan eligibility, compliance, and government reporting. Employers may engage Spectrum to serve in this position or another TPA.
A plan's document provider maintains the plan document and keeps it current with changes in the law. Employers may engage Spectrum to serve in this position or an attorney.
A plan's recordkeeper maintains participant accounts, fund balances, and investment options. Employers may engage Spectrum to serve in this position or another recordkeeper.
Spectrum's recordkeeping platform includes core features, add-ins, and extensions which are designed to improve participant outcomes and streamline plan administration.
360-Degree Payroll Integration
Financial Planning Module
Multi-factor Authentication Security
Plan Sponsor Website