Phoenix Closures West 401(K) Plan — Form 5500 plan (Phoenix Closures, 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 Closures West 401(K) Plan is a benefit plan reported by Phoenix Closures, Inc. under EIN 36-2583573 and plan number 003. The latest loaded filing year is 2023. The filing reports 350 participants and $8,051,991 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Phoenix Closures, Inc.
EIN
36-2583573
Plan number
003
Plan type
2
Location
Aurora, IL
Latest filing year
2023
Participants
350
End-of-year plan assets
$8,051,991

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023350H, C20240709074507NAL0026742594001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,051,991
Total liabilities (EOY)
$0
Net assets (EOY)
$8,051,991
Net assets (BOY)
$6,806,964

Income & contributions

Employer contributions
$310,607
Participant contributions
$778,102
Total contributions
$1,121,145
Total income / additions
$2,258,604

Expenses & distributions

Benefits paid
$859,932
Administrative expenses
$37,575
Total expenses
$897,507
Net increase / (decrease)
$1,361,097

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$31,147$02023
Prospera Financial ServicesINVESTMENT ADVISORY$6,428$1422023

Related Form 5500 pages