Plan Snapshot
- Plan Sponsor: Phoenix Innovations, INC.
- Sponsor EIN: 844304073
- Sponsor Address: 4254 S. ARKANSAS AVE, RUSSELLVILLE, AR, 72802
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 103
- Total Assets: $180,475
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 103 | $180,475 | $0 | $0 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $85,696 | — | $85,696 |
| ONEDIGITAL (ORLANDO, FL) | Investment Advisor | $43,260 | — | $43,260 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $11,661 | — | $11,661 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,617
- Estimated Expense Ratio: 77.915% 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 |
|---|---|---|---|---|---|
| 2025 | $1,281,449 | — | — | — | — |