401(k) · DOL Form 5500 · 2022

Spectrum Medical, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
71
Participants Small participant base
67th
Percentile by assets National rank
$160,131
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spectrum Medical, Inc. Profit Sharing Retirement Plan · Sponsored by Spectrum Medical, Inc. · Virginia · Healthcare & Social Assistance

$11M in assets, 71 participants

Spectrum Medical, Inc.'s Spectrum Medical, Inc. Profit Sharing Retirement Plan reported $11M in total assets and 71 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #14,578 in Healthcare & Social Assistance (20,060 peers)

Spectrum Medical, Inc. multi-year trail

Spectrum Medical, Inc.'s plans moved -34.1% in assets from 2022 to 2024; this filing shows Spectrum Medical, Inc. Profit Sharing Retirement Plan at $11M / 71 participants.

#14,578
in Healthcare & Social Assistance (20,060 peers)
+20.8%
assets growth YoY

Spectrum Medical, Inc. Profit Sharing Retirement Plan's outsized position by total assets

Spectrum Medical, Inc. Profit Sharing Retirement Plan vs every filed plan by assets

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

$11,369,283 Top 33% higher than 67% 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, Inc. Profit Sharing Retirement 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, Inc. Profit Sharing Retirement Plan is a small filing (71 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 540883143 · Spectrum Medical, Inc. PY 2022 · 401(k)

Spectrum Medical, Inc. Profit Sharing Retirement Plan · $11M · 71 · 67th

  • PART $11M
  • PART 71
  • PART 67th
  • PART 401(k)
  • PART near Forus 401(k)
  • PART ind #14578

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 Virginia →

Spectrum Medical, Inc. Profit Sharing Retirement Plan in the asset neighbourhood

Spectrum Medical, Inc. Profit Sharing Retirement PlanSpectrum Medical, Inc. Profi…$11MForus 401(k)$11MBane-Welker Equipment, LLC 401(k) PlanBane-Welker Equipment, LLC 4…$11MDeviney Construction Company, Inc. Retirement Plan and TrustDeviney Construction Company…$11MLessings, Inc. Savings and Security PlanLessings, Inc. Savings and S…$11M
End-of-year total assets ($M) among Spectrum Medical, Inc. Profit Sharing Retirement 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
$7M 34.06617638069173% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $11.4M $7.5M ▼ -34.0%
Year Plans Participants Total Assets
2022 1 71 $11M
2023 1 87 $10M
2024 1 88 $7M

Spectrum Medical, Inc. filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN540883143
Plan Effective Date1971-09-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Spectrum Medical, Inc. Profit Sharing Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Spectrum Medical, Inc. Profit Sharing Retirement Plan, Total assets ($B): 0.011369283 · Participants: 71Spectrum Medical, Inc. Profit Sharing Retirement PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Spectrum Medical, Inc. Profit Sharing Retirement Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Spectrum Medical, Inc. Profit Sharing Retirement Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Forus 401(k) in CA ($11M); by covered participants it is Human Resource Training, Inc. 401(k) Profit Sharing Plan in AZ (71 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (71 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, Inc. Profit Sharing Retirement Plan assets move in 2022? ▼
Spectrum Medical, Inc. Profit Sharing Retirement Plan grew sharply - up 20.8% during 2022, from $9M to $11M. Reported net income was $2M.
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 declined 34.1%, from $11M to $7M.
Which 401(k) plans are similar in size to Spectrum Medical, Inc. Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Forus 401(k) in CA ($11M, 357 participants).
Which 401(k) plans cover a similar participant headcount to Spectrum Medical, Inc. Profit Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Human Resource Training, Inc. 401(k) Profit Sharing Plan in AZ (71 participants, N/A 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 540883143.

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.