Plan Snapshot
- Plan Sponsor: Phaidon International (U.S.) INC.
- Sponsor EIN: 990381737
- Sponsor Address: 622 3RD AVENUE, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 737
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 737 | $11.6M | $0 | $0 |
| 2024 | 633 | $8.2M | $187,193 | $2.1M |
| 2023 | 713 | $5.9M | $182,288 | $2.1M |
| 2022 | 575 | $3.3M | $112,055 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $146,272 | — | $146,272 |
| JANNEY MONTGOMERY SCOTT LLC | Other Service Provider | — | $38,175 | $38,175 |
| ASSOCIATED PENSION CONSULTANTS | Recordkeeper | $4,380 | $3,895 | $8,275 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,722
- Estimated Expense Ratio: 1.659% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $938,654 | — | $150,653 | — | — |
| 2024 | $118,671 | — | $118,671 | — | — |
| 2023 | $75,530 | — | $75,530 | — | — |
| 2022 | $44,621 | — | $44,621 | — | — |