# Phillips Foods, INC. 401(k) Plan
Source: https://planprovider.pro/companies/phillips-foods-inc-401k-plan

> Phillips Foods, INC.'s 401(k) plan: 123 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Phillips Foods, INC.

- **Sponsor EIN:** 521624247

- **Sponsor Address:** 3761 COMMERCE DRIVE, SUITE 413, BALTIMORE, MD, 21227

- **Plan Type:** 401(k)

- **Total Participants:** 123

- **Total Assets:** $11.7M

## 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|123|$11.7M|$208,254|$466,089|

| 2023|129|$10.1M|$67,642|$461,716|

| 2022|99|$9.9M|$67,411|$473,331|

## 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|

| OSAIC FS INC|BROKER/ADVISOR|—|$26,327|$26,327|

| RETIREMENT PLANNERS & ADMINISTRATOR|CONTRACT ADMIN|$2,500|$10,000|$12,500|

| ENVESTNET RETIREMENT SOLUTIONS, LLC|OTHER|$5,246|—|$5,246|

| GRANDIZIO,WILKINS,LITTLE & MATTHEWS|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $44,073

- **Estimated Expense Ratio:** 0.378% 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|$13,010|—|$2,500|—|—|

| 2023|$17,847|—|$2,300|—|—|

| 2022|$20,312|—|$18,412|—|$1,900|

## Similar Plans

- [Susan Gage Caterer, INC.](https://planprovider.pro/companies/susan-gage-caterer-inc-plan) — 124 participants

- [Meals On Wheels Of Central Maryland, INC.](https://planprovider.pro/companies/meals-on-wheels-of-central-maryland-inc-401k-plan) — 101 participants

- [Martins, INC.](https://planprovider.pro/companies/martins-inc-401k-plan) — 216 participants

- [Ridgewell'S, INC.](https://planprovider.pro/companies/ridgewell-s-inc-401k-plan) — 219 participants

- [3 Paras, INC.](https://planprovider.pro/companies/3-paras-inc-401k-plan) — 13 participants

- [R.C. Treats, INC.](https://planprovider.pro/companies/r-c-treats-inc-plan) — 2 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/phillips-foods-inc-401k-plan)

© 2026 PlanProvider.Pro