Plan Ledger DOL Form 5500 · updated monthly

Phenix Label Company, Inc.401(k)

PHENIX LABEL CO., INC. 401(K) PLAN · OLATHE, KS · plan year 2024

Reported admin expense ratio · 2024
0.36%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Phenix Label Company, Inc. reported $56,532 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,840 per active participant. 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.

Across the 2 years on file its reported administrative ratio rose from 0.34% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 350th-largest of 828 plans among Kansas employers on file, and the 6,686th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,465,744
Participants with balances152
Active participants125
Employer contributions$354,991
Employee contributions$839,390
Employer contribution per active participant$2,840
Average account balance$108,327
Benefits paid to participants$629,216
Plan auditUnmodified (clean) audit opinion
AuditorKELLER & OWENS
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 152 accts · $355K emplr
2023$14.5M · 152 accts · $351K emplr
2022$13.6M · 141 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,005
Investment management$46,527
Total administrative$56,532
The Phenix Label Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,840
Median for plans this size$2,416
2024$2,840 per active participant
2023$2,662 per active participant
2022$2,749 per active participant

Phenix Label Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$5,055
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$1,613
PHD CONSULTING LLC · Investment advisory (plan)$46,527

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$56,532 · 0.36%
2023$53,735 · 0.38%
2022$50,534 · 0.34%
Same employer
Similar plansManufacturing · Kansas
Uei Group Services, Inc. KS$18.4M · 0.37%
Lee Aerospace, Inc. KS$18.1M · 0.08%
Custom Wood Products, Inc. KS$17.0M · 0.49%
Harlow Aero Group LLC KS$16.1M · 0.24%
Moridge Manufacturing, Inc KS$16.0M · 0.50%
Rand Graphics, Inc. KS$16.0M · 0.19%
Vornado Air, LLC KS$15.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481074424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.