Plan Snapshot
- Plan Sponsor: Phi Group, INC.
- Sponsor EIN: 842513763
- Sponsor Address: 2001 SOUTHEAST EVANGELINE THRUWAY, LAFAYETTE, LA, 70508
- Plan Type: 401(k)
- Total Participants: 2,040
- Total Assets: $426.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,040 | $426.9M | $7.8M | $18.8M |
| 2023 | 2,106 | $396.2M | $4.1M | $17.7M |
| 2022 | 1,986 | $357.3M | $7.4M | $16.6M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Investment Advisor | $117,145 | — | $117,145 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $96,320 | — | $96,320 |
| JONES WALKER LLP | ERISA Attorney | $56,573 | — | $56,573 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $34,266 | — | $34,266 |
| PENSION ASSURANCE LLP | Auditor | $22,000 | — | $22,000 |
| JPMORGAN INVEST HOLDINGS LLC | Recordkeeper | $9,962 | — | $9,962 |
| EISNER AMPER LLP | Other Service Provider | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JONES WALKER LLP — ERISA Attorney
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $343,766
- Estimated Expense Ratio: 0.081% 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 |
|---|---|---|---|---|---|
| 2024 | $343,766 | $208,438 | — | $22,000 | — |
| 2023 | $377,811 | $151,033 | — | $32,500 | — |
| 2022 | $302,455 | $153,663 | $109,203 | — | $39,589 |