Plan Snapshot
- Plan Sponsor: Phoenix Communications, INC.
- Sponsor EIN: 043528157
- Sponsor Address: 25 BOWDITCH DRIVE, SHREWSBURY, MA, 01545
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $12.3M
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 | 225 | $12.3M | $403,764 | $790,150 |
| 2023 | 211 | $10.2M | $379,980 | $763,998 |
| 2022 | 188 | $8.0M | $328,515 | $737,887 |
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 |
|---|---|---|---|---|
| NOVAK FRANCELLA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — 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 | $22,247 | — | $22,247 | — | — |
| 2023 | $21,375 | — | $21,375 | — | — |
| 2022 | $18,904 | — | $18,904 | — | — |