Plan Snapshot
- Plan Sponsor: Spectrum Healthcare Group, INC.
- Sponsor EIN: 860207499
- Sponsor Address: 8 E. COTTONWOOD ST., COTTONWOOD, AZ, 863266237
- Plan Type: DC
- Total Participants: 240
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 240 | $8.6M | $757,526 | $758,538 |
| 2023 | 359 | $8.1M | $811,673 | $810,017 |
| 2022 | 340 | $6.4M | $614,521 | $586,856 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MGKS | NA | $17,010 | $5,681 | $22,691 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,691
- Estimated Expense Ratio: 0.265% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $19,365 | — | — | — | — |
| 2023 | $77,166 | — | $18,665 | — | — |
| 2022 | $70,167 | $868 | $69,299 | — | — |