Plan Ledger DOL Form 5500 · updated monthly

Phoenix International Holdings, Inc401(k)

PHOENIX INTERNATIONAL HOLDINGS, INC. RETIREMENT PLAN · LARGO, MD · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Phoenix International Holdings, Inc reported $59,146 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,130 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 fell from 0.53% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 603rd-largest of 1,671 plans among Maryland employers on file, and the 1,877th of 5,337 in construction. In 2024, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,232,715
Participants with balances196
Active participants178
Employer contributions$379,108
Employee contributions$1,317,931
Employer contribution per active participant$2,130
Average account balance$113,432
Benefits paid to participants$1,216,811
Plan auditUnmodified (clean) audit opinion
AuditorMATTHEWS CARTER & BOYCE
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 196 accts · $379K emplr
2023$18.8M · 194 accts · $376K emplr
2022$15.8M · 190 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,850
Investment management$38,296
Total administrative$59,146
The Phoenix International Holdings, Inc 401(k) match · 2024
Employer contribution per active participant$2,130
Median for plans this size$2,416
2024$2,130 per active participant
2023$2,126 per active participant
2022$1,966 per active participant

Phoenix International Holdings, Inc's 2024 employer contribution ran below 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
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$38,296
ADP, INC. · Loan processing · Recordkeeping$20,850
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, Raymond James

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,146 · 0.29%
2023$86,021 · 0.50%
2022$91,663 · 0.53%
All plans at this employer2
PHOENIX INTERNATIONAL HOLDINGS, INC. RETIREMENT PLAN401(k)
PHOENIX INTERNATIONAL HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · Maryland
Morgan-Keller, Inc. MD$22.5M · 0.32%
John C. Grimberg Co. Inc. MD$22.3M · 0.04%
Case Design/Remodeling,Inc. MD$22.1M · 0.49%
Buch Construction, Inc. MD$21.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261426514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.