Plan Ledger DOL Form 5500 · updated monthly

Phoenix Services LLC401(k)

PHOENIX SERVICES LLC 401(K) PLAN · RADNOR, PA · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Phoenix Services LLC reported $98,894 in plan administrative expenses for 2022: 0.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,611 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (1,844th of 3,651), and 7,067th of 13,661 in manufacturing. In 2022, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,087,659
Participants with balances997
Active participants802
Employer contributions$2,093,698
Employee contributions$2,480,909
Employer contribution per active participant$2,611
Average account balance$15,133
Benefits paid to participants$4,578,480
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE AND ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$83,307
Investment management$15,587
Total administrative$98,894
The Phoenix Services LLC 401(k) match · 2022
Employer contribution per active participant$2,611
Median for plans this size$2,266

Phoenix Services LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$98,894 · 0.61%
Similar plansManufacturing · Pennsylvania
Valley Tire Company PA$15.2M · 0.32%
I & I Sling, LLC PA$15.1M · 0.39%
The Beistle Company PA$15.1M · 0.04%
Stoelzle Glass USA, Inc. PA$15.0M · 0.39%
Immunocore LLC PA$15.0M · 0.03%
I. Rice & Co., Inc. PA$15.0M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203056493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.