401(k) · DOL Form 5500 · 2022

Spectrum Medical Group, P. a. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
62
Participants Small participant base
66th
Percentile by assets National rank
$166,451
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan · Sponsored by Spectrum Medical Group, P. a. · North Carolina · Healthcare & Social Assistance

$10M in assets, 62 participants

Spectrum Medical Group, P. a.'s Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan reported $10M in total assets and 62 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #14,220 in Healthcare & Social Assistance (20,060 peers)

Spectrum Medical Group, P. a. multi-year trail

Spectrum Medical Group, P. a.'s plans moved +34.0% in assets from 2022 to 2024; this filing shows Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan at $10M / 62 participants.

#14,220
in Healthcare & Social Assistance (20,060 peers)
-17.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$10,319,953 Top 34% higher than 66% of 139,123 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 2022

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan is a small filing (62 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 561330897 · Spectrum Medical Group, P. a. PY 2022 · 401(k)

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan · $10M · 62 · 66th

  • PART $10M
  • TYPE 62
  • NET 66th
  • BOOK 401(k)
  • VS-ST near Energy Process Technologies, Inc. Savings Plan
  • BOY ind #14220

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 Healthcare & Social Assistance retirement plans → · Plans in North Carolina →

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan in the asset neighbourhood

Spectrum Medical Group, P. a. 401(k) Profit Sharing PlanSpectrum Medical Group, P. a…$10MEnergy Process Technologies, Inc. Savings PlanEnergy Process Technologies,…$10MWomen's Healthcare of Norman 401(k) PlanWomen's Healthcare of Norman…$10MCarlisle Corporation 401(k) Profit Sharing PlanCarlisle Corporation 401(k) …$10MGregory Pharmaceutical Holdings 401(k) PlanGregory Pharmaceutical Holdi…$10M
End-of-year total assets ($M) among Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spectrum Medical Group, P. a. multi-year asset trail

Sponsor-wide plan assets over time

All Spectrum Medical Group, P. a. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 34.04857560882302% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $10.3M $13.8M ▲ +34.0%
Year Plans Participants Total Assets
2022 1 62 $10M
2023 1 53 $12M
2024 1 61 $14M

Spectrum Medical Group, P. a. filing trail (2022)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN561330897
Plan Effective Date1982-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan, Total assets ($B): 0.010319953 · Participants: 62Spectrum Medical Group, P. a. 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Energy Process Technologies, Inc. Savings Plan in OK ($10M); by covered participants it is Technology Investment Corporation 401(k) Plan in WI (62 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (62 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan assets move in 2022? ▼
Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan declined sharply - down 17.7% during 2022, from $13M to $10M. Reported net income was -$2M.
How have Spectrum Medical Group, P. a. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectrum Medical Group, P. a.'s sponsor-wide assets grew 34.0%, from $10M to $14M.
Which 401(k) plans are similar in size to Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Energy Process Technologies, Inc. Savings Plan in OK ($10M, 86 participants).
Which 401(k) plans cover a similar participant headcount to Spectrum Medical Group, P. a. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Technology Investment Corporation 401(k) Plan in WI (62 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561330897.

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.