Plan Ledger DOL Form 5500 · updated monthly

Phoseon Technology Inc.401(k)

PHOSEON TECHNOLOGY INC. 401K PROFIT SHARING PLAN & TRUST · HILLSBORO, OR · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Phoseon Technology Inc. reported $31,065 in plan administrative expenses for 2022: 0.27% of average plan assets, above the peer median. Employer contributions averaged $3,378 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 Oregon (534th of 1,021), and 8,500th of 13,661 in manufacturing. In 2022, employees put in $2.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,674,691
Participants with balances171
Active participants144
Employer contributions$486,470
Employee contributions$1,215,968
Employer contribution per active participant$3,378
Average account balance$62,425
Benefits paid to participants$1,313,259
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPA'S LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $431K emplr
2022$10.7M · 171 accts · $486K emplr
The Phoseon Technology Inc. 401(k) match · 2022
Employer contribution per active participant$3,378
Median for plans this size$2,266

Phoseon Technology Inc.'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 history2
2023Not separately reported
2022$31,065 · 0.27%
Same employer
Similar plansManufacturing · Oregon
Ess Tech, Inc OR$10.9M · 0.12%
Meduri Farms, Inc. OR$10.7M · 0.88%
Sheldon Manufacturing, Inc. OR$10.7M · 0.05%
Lanz Cabinet Shop, Inc. OR$10.6M · 0.84%
Routeware, Inc. OR$10.6M · 0.12%
Blazer Industries, Inc. OR$10.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820554276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.