Plan Snapshot
- Plan Sponsor: Phillips Mushroom Farms, L.P.
- Sponsor EIN: 231630612
- Sponsor Address: 1011 KAOLIN ROAD, KENNETT SQUARE, PA, 193482605
- Plan Type: 401(k)
- Total Participants: 493
- Total Assets: $24.4M
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. |
|---|---|---|---|---|
| 2024 | 493 | $24.4M | $635,474 | $1.0M |
| 2023 | 476 | $22.5M | $577,556 | $931,642 |
| 2022 | 453 | $20.2M | $570,059 | $932,700 |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $132,435 | $45,442 | $76,893 | — | — |
| 2023 | $119,697 | $40,402 | $69,220 | — | — |
| 2022 | $116,563 | $39,707 | $65,859 | — | $10,997 |