Spectrum for LivingDC plan
403(B) THRIFT PLAN OF SPECTRUM FOR LIVING · RIVER VALE, NJ · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Spectrum for Living reported $2,769 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.
Across the 2 years on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,526th of 2,419), and the 5,759th of 11,911 in health care & social assistance. active participation has grown from 557 to 788 since 2022.
Spectrum for Living's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 222706159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.