Plan Ledger DOL Form 5500 · updated monthly

Spectrum Home Health Agency, Inc.401(k)

APPL ORCHARD 401(K) PLAN · KANSAS CITY, KS · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Spectrum Home Health Agency, Inc. reported $4,930 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,180 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 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (420th of 828), and the 4,879th of 11,911 in health care & social assistance. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,146,733
Participants with balances157
Active participants189
Employer contributions$222,957
Employee contributions$766,541
Employer contribution per active participant$1,180
Average account balance$83,737
Benefits paid to participants$1,519,845
Plan auditUnmodified (clean) audit opinion
AuditorPICKET, CHANEY & MCMULLEN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 157 accts · $223K emplr
2023$12.0M · 163 accts · $207K emplr
2022$10.5M · 164 accts · $215K emplr
Administrative expenses, itemized · 2024
Investment management$4,930
Total administrative$4,930
The Spectrum Home Health Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$1,180
Median for plans this size$2,416
2024$1,180 per active participant
2023$1,137 per active participant
2022$1,202 per active participant

Spectrum Home Health Agency, Inc.'s 2024 employer contribution ran below the $2,416 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ERP NATIONAL LLC · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$4,930 · 0.04%
2023$5,235 · 0.05%
2022$2,590 · 0.02%
Similar plansHealth Care & Social Assistance · Kansas
Retina Associates, LLC KS$12.6M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812621729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.