Plan Ledger DOL Form 5500 · updated monthly

Phelan Hallinan, LLP401(k)

PHELAN HALLINAN 401(K) SAVINGS/PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2022

Reported admin expense ratio · 2022
0.83%

Phelan Hallinan, LLP reported $31,314 in plan administrative expenses for 2022: 0.83% of average plan assets, higher than ~75% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,157th of 3,651), and 10,491st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$3,144,564
Participants with balances222
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$14,165
Benefits paid to participants$585,074
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$3.1M · 222 accts
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$31,314 · 0.83%
Similar plansProfessional & Technical Services · Pennsylvania
Questeq, Inc. PA$3.2M · 0.01%
Julius Silvert, Inc. PA$3.0M · 0.01%
Superior Biologics Inc PA$2.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232301814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.