2023 Form 5500 filing — Phoenix Closures, Inc. 401(K) Salary Deferral Profit Sharing Plan And Trust
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 20250811111845NAL0020576850001) for Phoenix Closures, Inc. 401(K) Salary Deferral Profit Sharing Plan And Trust, reported by Phoenix Closures, Inc. under EIN 36-2583573 and plan number 001. It reports 209 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250811111845NAL0020576850001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Phoenix Closures, Inc.
- EIN
- 36-2583573
- Plan number
- 001
- Location
- Aurora, IL
- Participants
- 209
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $43,294,588
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $43,294,588
- Employer contributions
- $1,630,672
- Participant contributions
- $1,549,940
- Total income / additions
- $12,034,740
- Benefits paid
- $3,326,044
- Administrative expenses
- $76,335
- Total expenses
- $3,436,015
- Net increase / (decrease)
- $8,598,725
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $41,804 | $0 |
| Prospera Financial Services | INVESTMENT ADVISORY | $34,531 | $7 |