# Phillips Mushroom Farms, L.P. 401(k) Plan
Source: https://planprovider.pro/companies/phillips-mushroom-farms-l-p-401k-plan

> Phillips Mushroom Farms, L.P.'s 401(k) plan: 493 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|

## Similar Plans

- [Sterman Masser, INC.](https://planprovider.pro/companies/sterman-masser-inc-401k-plan) — 444 participants

- [To-Jo Mushrooms, INC.](https://planprovider.pro/companies/to-jo-mushrooms-inc-401k-plan-001-2450) — 232 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/phillips-mushroom-farms-l-p-401k-plan)

© 2026 PlanProvider.Pro