Spectrum Healthcare Partners, P.A. 401(k) Profit Sharing Plan

Compared with similar plans

Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.

Trend by plan year

Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.

Statement for the year

Participants

• Active participants489
• Retired or separated, receiving benefits0
• Retired or separated, entitled to future benefits363
• Participants with account balances844
• Total participants, end of year856

Fees and service providers

Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 2 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.

Administrative expenses on Schedule H

• Investment advisory and management fees$529,667
• Recordkeeping fees$63,329
• Total administrative expenses$592,996

Investment structure

Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.

• Registered investment companies (mutual funds)$228M · 63.5%
• Other investments$113M · 31.4%
• Pooled separate accounts$10.6M · 2.9%
• Receivables$7.0M · 2.0%
• Participant loans$745K · 0.2%

Audit and compliance answers, as filed

• Accountant's opinionUnmodified (unqualified)
• Audit scope limited under ERISA section 103(a)(3)(C)Yes
• Accounting firmBDMP Assurance, LLP
• Participant contributions reported as transmitted lateNo
• Covered by a fidelity bondYes, $1,000,000
• Blackout period during the yearNo

These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.

Plan characteristics

• 2EProfit-sharing plan
• 2FERISA section 404(c) plan
• 2GTotal participant-directed account plan
• 2JCode section 401(k) feature
• 2KCode section 401(m) arrangement
• 2RParticipant-directed brokerage accounts provided as an investment option under the plan
• 2S401(k) plan or 403(b) plan that provides for automatic enrollment
• 2TTotal or partial participant-directed account plan with a default investment account
• 3DPre-approved pension plan
• 3HPlan sponsor(s) is (are) a member(s) of a controlled group

Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 621111: Offices of Physicians (except mental health specialists).

Similar plans in Maine

Defined contribution plans in health care and social assistance closest in size.

Questions and answers

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 01-0510040, plan 002, received 5 Nov 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.