401(k) · DOL Form 5500 · 2022

Spectrum Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
58
Participants Small participant base
50th
Percentile by assets National rank
$82,579
Avg per participant Below avg balance/head
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Official DOL plan name: Spectrum Medical 401(k) Plan · Sponsored by Spectrum Medical, Inc. · South Carolina · Wholesale Trade

$5M in assets, 58 participants

Spectrum Medical, Inc.'s Spectrum Medical 401(k) Plan reported $5M in total assets and 58 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • #2,574 in Wholesale Trade (6,843 peers)

Spectrum Medical, Inc. multi-year trail

Spectrum Medical, Inc.'s plans moved +84.8% in assets from 2022 to 2024; this filing shows Spectrum Medical 401(k) Plan at $5M / 58 participants.

#2,574
in Wholesale Trade (6,843 peers)
-18.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spectrum Medical 401(k) Plan's mid-pack asset rank among Wholesale Trade and all filers

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

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

$4,789,595 Top 50% higher than 50% 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 401(k) 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 401(k) Plan is a small filing (58 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 208208460 · Spectrum Medical, Inc. PY 2022 · 401(k)

Spectrum Medical 401(k) Plan · $5M · 58 · 50th

  • IND $5M
  • EOY 58
  • 5500 50th
  • ASSETS 401(k)
  • PCT near Priority Life Care 401(k) Savings Plan
  • EIN ind #2574

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 Wholesale Trade retirement plans → · Plans in South Carolina →

Spectrum Medical 401(k) Plan in the asset neighbourhood

Spectrum Medical 401(k) Plan$5MPriority Life Care 401(k) Savings PlanPriority Life Care 401(k) Sa…$5MThe Vestcor Companies' Retirement PlanThe Vestcor Companies' Retir…$5MAmbling Property Investments, LLC Retirement Savings PlanAmbling Property Investments…$5MCorrosion Engineering, Inc. 401(k) Profit Sharing Plan and TrustCorrosion Engineering, Inc. …$5M
End-of-year total assets ($M) among Spectrum Medical 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spectrum Medical, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Spectrum Medical, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 84.80286955368878% vs 2022
2024 filing year
$4M$6M$8M$10M 202220232024 $4.79M $8.85M ▲ +84.8%
Year Plans Participants Total Assets
2022 1 58 $5M
2023 1 73 $7M
2024 1 91 $9M

Spectrum Medical, Inc. filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN208208460
Plan Effective Date2013-07-25
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

Spectrum Medical 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Spectrum Medical 401(k) Plan, Total assets ($B): 0.004789595 · Participants: 58Spectrum Medical 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Spectrum Medical 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Spectrum Medical 401(k) Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest 401(k) by assets is Priority Life Care 401(k) Savings Plan in OH ($5M); by covered participants it is Huron Community Bank 401(k) Plan in MI (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 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 401(k) Plan assets move in 2022? ▼
Spectrum Medical 401(k) Plan declined sharply - down 18.2% during 2022, from $6M to $5M. Reported net income was -$1M.
How have Spectrum Medical, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectrum Medical, Inc.'s sponsor-wide assets grew 84.8%, from $5M to $9M.
Which 401(k) plans are similar in size to Spectrum Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Priority Life Care 401(k) Savings Plan in OH ($5M, 2,009 participants).
Which 401(k) plans cover a similar participant headcount to Spectrum Medical 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Huron Community Bank 401(k) Plan in MI (58 participants, $4M 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 208208460.

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.