2023 Form 5500 filing — Phoenix Financial Services, LLC Group Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903085706NAL0018390113002) for Phoenix Financial Services, LLC Group Retirement Plan, reported by Phoenix Financial Services, LLC under EIN 30-0651611 and plan number 001. It reports 286 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903085706NAL0018390113002
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Phoenix Financial Services, LLC
- EIN
- 30-0651611
- Plan number
- 001
- Location
- Okatie, SC
- Participants
- 286
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,540,944
- Net assets (EOY)
- $14,540,944
- Employer contributions
- $418,152
- Participant contributions
- $818,896
- Total income / additions
- $3,232,899
- Benefits paid
- $752,435
- Administrative expenses
- $8,438
- Total expenses
- $760,873
- Net increase / (decrease)
- $2,472,026
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aegis Retirement Partners | TPA, FIDUCIARY ADVISOR | $38,247 | not reported in the loaded dataset |
| Empower Advisory Group | INVESTMENT MANAGEMENT | $12,566 | not reported in the loaded dataset |
| Websterrogers Llp | AUDITOR | $11,700 | not reported in the loaded dataset |