Phipps Houses & Affiliates 401(K) Plan — Form 5500 plan (Phipps Houses)

Plain-English plan 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, Phipps Houses & Affiliates 401(K) Plan is a benefit plan reported by Phipps Houses under EIN 11-1187480 and plan number 002. The latest loaded filing year is 2023. The filing reports 593 participants and $24,668,754 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24.7MPlan net assets, end of year$24,668,754
Participants593Covered participants reported
Assets / participant$41.6KComputed: assets ÷ participants$41,600 (computed)
Provider compensation$92.5K1 Schedule C provider row(s)$92,461
Plan sponsor
Phipps Houses
EIN
11-1187480
Plan number
002
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023593H, C20241015193201NAL0017116579001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$24.7M total assets
Net assets$24.7MLiabilities$0
Money in vs. money out
Total income / additions$7.4M
Total expenses$2.5M
Benefits paid / distributions$2.4M
Contributions
Employer$1.1M
Participant$2.2M
Full reported line items

Net assets

Total assets (EOY)
$24,668,754
Total liabilities (EOY)
$0
Net assets (EOY)
$24,668,754
Net assets (BOY)
$19,727,627

Income & contributions

Employer contributions
$1,097,004
Participant contributions
$2,182,612
Total contributions
$4,016,460
Total income / additions
$7,430,249

Expenses & distributions

Benefits paid
$2,396,662
Administrative expenses
$92,460
Total expenses
$2,489,122
Net increase / (decrease)
$4,941,127
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 33%Participant 67%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income32%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$92,461$02023

Related Form 5500 pages