Plan Ledger DOL Form 5500 · updated monthly

Spectrum Pharmaceuticals, Inc.401(k)

SPECTRUM PHARMACEUTICALS, INC. 401(K) PLAN · IRVINE, CA · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Spectrum Pharmaceuticals, Inc. reported $58,481 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $11,050 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,865th-largest of 9,483 plans among California employers on file, and 5,874th of 11,654 in professional & technical services. In 2022, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,256,091
Participants with balances302
Active participants84
Employer contributions$928,221
Employee contributions$1,880,753
Employer contribution per active participant$11,050
Average account balance$60,451
Benefits paid to participants$4,597,088
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $489K emplr
2022$18.3M · 302 accts · $928K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,005
Investment management$52,628
Professional / advisory$3,848
Total administrative$58,481
The Spectrum Pharmaceuticals, Inc. 401(k) match · 2022
Employer contribution per active participant$11,050
Median for plans this size$2,266

Spectrum Pharmaceuticals, Inc.'s 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$58,481 · 0.28%
Similar plansProfessional & Technical Services · California
Simulstat, Inc. CA$18.3M · 0.27%
Coda Project, Inc. CA$18.3M · 0.23%
Commure, Inc. CA$18.3M · 0.00%
Predicate Logic, Inc. CA$18.2M · 0.32%
Soundthinking, Inc. CA$18.1M · 0.43%
Duffy Kruspodin, LLP CA$18.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930979187 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.