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, Phg Retirement Plan is a benefit plan reported by Ceres, LLC D/B/A Prime Hospitality Group under EIN 26-3187444 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,238 participants and $4,633,322 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,633,322
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,633,322
- Net assets (BOY)
- $2,819,957
Income & contributions
- Employer contributions
- $306,239
- Participant contributions
- $1,313,964
- Total contributions
- $1,650,440
- Total income / additions
- $2,327,186
Expenses & distributions
- Benefits paid
- $413,956
- Administrative expenses
- $99,865
- Total expenses
- $513,821
- Net increase / (decrease)
- $1,813,365