Plan Snapshot
- Plan Sponsor: Phoenix House Foundation INC.
- Sponsor EIN: 237013149
- Sponsor Address: 34-11 VERNON BLVD, LONG ISLAND, NY, 11106
- Plan Type: 401(k)
- Total Participants: 335
- Total Assets: $21.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 335 | $21.8M | $619,262 | $581,603 |
| 2023 | 277 | $19.5M | $465,518 | $422,099 |
| 2022 | 267 | $18.6M | $312,859 | $341,751 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $68,004 | — | $68,004 |
| CAPFINANCIAL PARTNERS, LLC | Investment Advisor | $36,591 | — | $36,591 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,595
- Estimated Expense Ratio: 0.479% 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 | $104,595 | $36,591 | — | — | — |
| 2023 | $96,600 | $35,525 | — | — | — |
| 2022 | $102,325 | $35,000 | — | — | $3,415 |