Plan Snapshot
- Plan Sponsor: Phoenix Composite Solutions, LLC
- Sponsor EIN: 760722676
- Sponsor Address: 5911 MISSION STREET, OSCODA, MI, 48750
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $5.8M
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 | 97 | $5.8M | $114,423 | $244,758 |
| 2023 | 97 | $4.9M | $137,916 | $284,552 |
| 2022 | 91 | $4.0M | $132,278 | $269,710 |
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 |
|---|---|---|---|---|
| YEO & YEO, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- YEO & YEO, P.C. — 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 | $477,027 | — | $22,362 | — | — |
| 2023 | $549,395 | — | $19,479 | — | — |
| 2022 | $21,011 | — | — | — | — |