# Spectrum Medical Group, P. A. 401(k) Plan
Source: https://planprovider.pro/companies/spectrum-medical-group-p-a-561330897-001

> Spectrum Medical Group, P. A.'s 401(k) plan: 83 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Spectrum Medical Group, P. A.

- **Sponsor EIN:** 561330897

- **Sponsor Address:** 3001 LYNDHURST AVENUE, WINSTON SALEM, NC, 27103

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 83

- **Total Assets:** $13.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|83|$13.8M|$585,642|$547,509|

| 2023|61|$11.8M|$230,768|$500,490|

| 2022|53|$10.3M|$580,735|$438,289|

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