Plan Snapshot
- Plan Sponsor: The Phillies
- Sponsor EIN: 232186951
- Sponsor Address: ONE CITIZENS BANK WAY, PHILADELPHIA, PA, 19148
- Plan Type: DB
- Total Participants: 584
- Total Assets: $147.4M
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. |
|---|---|---|---|---|
| 2024 | 584 | $147.4M | $5.8M | $0 |
| 2023 | 527 | $137.7M | $6.5M | $0 |
| 2022 | 497 | $125.4M | $5.8M | $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 |
|---|---|---|---|---|
| SEI INVESTMENTS MANAGEMENT CORP | NONE | $240,392 | — | $240,392 |
| WILLIS TOWERS WATSON US LLC | NONE | $59,558 | — | $59,558 |
| GRANT THORNTON LLP | NONE | $23,830 | — | $23,830 |
| U.S. BANK NATIONAL ASSOCIATION | NONE | $19,857 | — | $19,857 |
| MORGAN, LEWIS & BOCKIUS LLP | NONE | $10,873 | — | $10,873 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- GRANT THORNTON LLP — NONE
- U.S. BANK NATIONAL ASSOCIATION — NONE
- MORGAN, LEWIS & BOCKIUS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $354,510
- Estimated Expense Ratio: 0.240% 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 | $458,807 | $240,392 | — | $23,830 | — |
| 2023 | $716,901 | $44,996 | — | $26,814 | — |
| 2022 | $858,059 | $200,091 | — | — | $59,021 |