2023 Form 5500 filing — The Phillips Corporation Retirement Plan
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 20241009100002NAL0018131537001) for The Phillips Corporation Retirement Plan, reported by Phillips Corporation under EIN 52-0736062 and plan number 002. It reports 330 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009100002NAL0018131537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Phillips Corporation
- EIN
- 52-0736062
- Plan number
- 002
- Location
- Hanover, MD
- Participants
- 330
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,410,317
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,410,317
- Employer contributions
- $846,580
- Participant contributions
- $2,056,373
- Total income / additions
- $7,331,089
- Benefits paid
- $2,795,655
- Administrative expenses
- $101,316
- Total expenses
- $2,896,971
- Net increase / (decrease)
- $4,434,118
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Columbia Benefits Consulants, Inc. | PLAN ADMINISTRATION | $71,316 | $0 |
| Lpl Financial | PLAN INVESTMENT ADVISORY | $30,000 | $0 |