Phoenix Tube Company, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Phoenix Tube Company, Inc.)

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, Phoenix Tube Company, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Phoenix Tube Company, Inc. under EIN 22-2330200 and plan number 001. The latest loaded filing year is 2023. The filing reports 166 participants and $12,684,945 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$12.7MPlan net assets, end of year$12,684,945
Participants166Covered participants reported
Assets / participant$76.4KComputed: assets ÷ participants$76,415 (computed)
Provider compensation$29.5K1 Schedule C provider row(s)$29,531
Plan sponsor
Phoenix Tube Company, Inc.
EIN
22-2330200
Plan number
001
Plan type
2
Location
Bethlehem, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023166H, C20240930084329NAL0005335601001
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)$12.7M total assets
Net assets$12.7MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$992.8K
Benefits paid / distributions$929.6K
Contributions
Employer$349.5K
Participant$612.5K
Full reported line items

Net assets

Total assets (EOY)
$12,684,945
Total liabilities (EOY)
$0
Net assets (EOY)
$12,684,945
Net assets (BOY)
$10,946,088

Income & contributions

Employer contributions
$349,463
Participant contributions
$612,523
Total contributions
$1,085,504
Total income / additions
$2,731,690

Expenses & distributions

Benefits paid
$929,609
Administrative expenses
$36,583
Total expenses
$992,833
Net increase / (decrease)
$1,738,857
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 36%Participant 64%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income34%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$29,531$02023

Related Form 5500 pages