Spectrum Healthcare Partners, P.a. 401(k) Plan: Login, Facts & Contact Information

Spectrum Healthcare Partners, P.a. 401(k) Plan Facts

Plan name
SPECTRUM HEALTHCARE PARTNERS, P.A. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SPECTRUM HEALTHCARE PARTNERS, P.A.
Participants
854 (489 active employees)
Former employees with a balance
363
Plan assets
$359,690,660 at Dec 31, 2024
Average account balance
$426,174 across 844 accounts
Employer contributions
$9,716,368 in plan year 2024 (58% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1996
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Nov 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $16.9 million went into the plan in contributions, $9.72 million of it from the employer (58%).
  • $41.1 million was paid out to participants.
  • Investment and other income added $44.5 million.
  • Administrative expenses were $592,996, about $703 per account.

How the Spectrum Healthcare Partners, P.a. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019861$299.7 million$9.22 million$17.4 million
2020916$340.6 million$9.18 million$19.2 million
2021936$358.1 million$8.79 million$41.4 million
2022878$290.9 million$9.09 million$26.9 million
2023881$340.0 million$9.32 million$16.0 million
2024854$359.7 million$9.72 million$41.1 million

Spectrum Healthcare Partners, P.a. 401(k) Contact Information

Phone
207-482-7800
Mailing address
324 GANNETT DRIVE, SUITE 200, SOUTH PORTLAND ME 04106
Plan sponsor
SPECTRUM HEALTHCARE PARTNERS, P.A.
Employer identification number (EIN)
01-0510040
Plan number
002

Questions about the Spectrum Healthcare Partners, P.a. 401(k)

Does Spectrum Healthcare Partners, P.a contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.72 million, 58% of all contributions.

Does the Spectrum Healthcare Partners, P.a 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Spectrum Healthcare Partners, P.a 401(k) plan?

854 participants at the start of plan year 2024, 489 of them active employees, and 363 former employees who still had money in the plan.

What is the average 401(k) balance at Spectrum Healthcare Partners, P.a?

About $426,174 per account: $359.7 million in plan assets across 844 accounts with a balance at the end of plan year 2024.

Who manages the Spectrum Healthcare Partners, P.a 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Spectrum Healthcare Partners, P.a. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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