Plan Ledger DOL Form 5500 · updated monthly

Phoenix Motor Company401(k)

PHOENIX MOTOR COMPANY 401(K) PLAN · SCOTTSDALE, AZ · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Phoenix Motor Company reported $26,789 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Arizona (838th of 1,285), and 3,773rd of 5,215 in retail trade.

Plan summary
Net assets, end of year$4,974,762
Participants with balances70
Active participants206
Employer contributions$0
Employee contributions$835,224
Employer contribution per active participant$0
Average account balance$71,068
Benefits paid to participants$1,307,902
Plan auditUnmodified (clean) audit opinion
AuditorB VAL CPAS & ADVISORS, LLP
Administrative expenses, itemized · 2022
Investment management$2,787
Total administrative$26,789
The Phoenix Motor Company 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Phoenix Motor Company's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,789 · 0.45%
Same employer
Similar plansRetail Trade · Arizona
Shay Oil Company, Inc. AZ$5.4M · 0.04%
Butori Corp AZ$5.3M · 0.33%
Aleracare Holdings, LLC AZ$4.0M · 0.63%
Liberty Gmc, Inc. AZ$4.0M · 0.47%
Ace Hardware Stores, Inc. AZ$3.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860044060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.