The Phung Family Corporation 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: The Phung Family Corporation
  • Sponsor EIN: 271969234
  • Sponsor Address: 13756 DOOLITTLE DRIVE, SAN LEANDRO, CA, 94577
  • Plan Type: 401(k)
  • Total Participants: 47
  • Total Assets: $1.9M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202447$1.9M$64,190$174,204
202352$1.5M$104,323$151,792
202248$1.1M$73,846$194,499

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