Plan Snapshot
- Plan Sponsor: Phoenix Motor Company
- Sponsor EIN: 860044060
- Sponsor Address: 4725 N. SCOTTSDALE RD, SCOTTSDALE, AZ, 85251
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 235
- Total Assets: $8.7M
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. |
|---|
| 2025 | 235 | $8.7M | $0 | $0 |
| 2024 | 216 | $7.6M | $0 | $880,488 |
| 2023 | 206 | $6.3M | $0 | $843,467 |
| 2022 | 206 | $5.0M | $0 | $835,224 |