Plan Snapshot
- Plan Sponsor: The Phoenix Forge Group, LLC
- Sponsor EIN: 232932241
- Sponsor Address: 1020 MACARTHUR ROAD, READING, PA, 196059404
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $44.8M
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 | 318 | $44.8M | $743,837 | $1.6M |
| 2023 | 307 | $37.5M | $701,614 | $1.5M |
| 2022 | 301 | $30.5M | $604,473 | $1.3M |
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 |
|---|---|---|---|---|
| LEONARD J. MILLER AND ASSOC | Auditor | — | — | $0 |
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 | $103,539 | $67,626 | — | — | — |
| 2023 | $83,827 | $54,897 | — | — | — |
| 2022 | $60,191 | -$30,400 | $90,591 | — | — |