Plan Snapshot
- Plan Sponsor: Phillips Enterprises, INC.
- Sponsor EIN: 042620522
- Sponsor Address: 149 EASTHAMPTON ROAD RT. 10, NORTHAMPTON, MA, 01060
- Plan Type: 401(k)
- Total Participants: 16
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 16 | $4.1M | $28,289 | $45,813 |
| 2023 | 13 | $3.7M | $25,807 | $38,478 |
| 2022 | 12 | $3.3M | $29,458 | $44,202 |