401(k)
2022 plan-year 401(k) DOL Form 5500

Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Spectrum Healthcare Partners, P.a. ยท Maine ยท Healthcare & Social Assistance

What the 2023 filing shows

Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan holds $291M for 534 participants - about $544,671 per participant, down 18.8% over the 2022 plan year.

$291M
total plan assets (2022 EOY)
534
covered participants
$544,671
avg assets per participant
-18.8%
assets change YoY

The plan reported a net loss of $67M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$291M
Participants
534
State
Industry
Healthcare & Social Assistance

What the Filing Says About Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan

Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Spectrum Healthcare Partners, P.a., headquartered in Maine. As of the 2022 Form 5500 filing, the plan reports $291M in total end-of-year assets and covers 534 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 010510040, and the plan has been effective since 1996-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $358M at the beginning of 2022 to $291M at year-end โ€” a decline of 18.8%. Net assets (after liabilities) closed the year at $291M, with reported net income of $-67,241,617 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$358M
Total Assets (End of Year)$291M
Net Assets (End of Year)$291M
Net Income$-67,241,617
Plan Type401(k)
Employer EIN010510040
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spectrum Healthcare Partners, P.a.)

Year Plans Participants Total Assets
2022 1 534 $291M
2023 1 509 $340M
2024 1 491 $360M

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Frequently Asked Questions

How much money is in the Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan holds $291M in total assets with 534 participants. It is sponsored by Spectrum Healthcare Partners, P.a..
What type of plan is Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan?
Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1996-10-01. The plan is filed with the U.S. Department of Labor under EIN 010510040.
Who sponsors the Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan?
Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan is sponsored by Spectrum Healthcare Partners, P.a., located in Maine. The sponsor's EIN is 010510040 and the plan operates in the Healthcare & Social Assistance industry.
How did Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan perform in 2022?
Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan declined by 18.8% during 2022, moving from $358M to $291M in total assets. Net income was $-67,241,617.
Where can I find official filings for Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 010510040 or plan name at efast.dol.gov.
How does Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan compare to other plans?
You can compare Spectrum Healthcare Partners, P.a. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 010510040.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.