Plan Ledger DOL Form 5500 · updated monthly

Spectrum Family of Agenc401(k)

SPECTRUM FAMILY OF AGENCIES 401(K) RETIREMENT PLAN · ALLENTOWN, PA · plan year 2022

Reported admin expense ratio · 2022
1.00%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Spectrum Family of Agenc reported $7,340 in plan administrative expenses for 2022: 1.00% of average plan assets, above the peer median. Employer contributions averaged $830 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,536th of 3,651), and 11,079th of 11,911 in health care & social assistance. In 2022, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$790,424
Participants with balances63
Active participants133
Employer contributions$110,369
Employee contributions$137,502
Employer contribution per active participant$830
Average account balance$12,546
Benefits paid to participants$210,153
Plan auditUnmodified (clean) audit opinion
AuditorKREISHER MILLER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,340
Total administrative$7,340
The Spectrum Family of Agenc 401(k) match · 2022
Employer contribution per active participant$830
Median for plans this size$331

Spectrum Family of Agenc's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,340 · 1.00%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Panacea Health Corp PA$742K · 0.24%
Senior Choice, Inc. PA$677K · 1.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232121180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.