Phoenix Center Employee Retirement Plan — Form 5500 plan (The Phoenix Center, 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 Center Employee Retirement Plan is a benefit plan reported by The Phoenix Center, Inc. under EIN 22-3114959 and plan number 001. The latest loaded filing year is 2023. The filing reports 248 participants and $15,792,105 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Phoenix Center, Inc.
- EIN
- 22-3114959
- Plan number
- 001
- Plan type
- 2
- Location
- Nutley, NJ
- Latest filing year
- 2023
- Participants
- 248
- End-of-year plan assets
- $15,792,105
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 248 | H, C | 20250410120848NAL0021542625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,792,105
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,792,105
- Net assets (BOY)
- $14,808,134
Income & contributions
- Employer contributions
- $271,257
- Participant contributions
- $473,125
- Total contributions
- $790,811
- Total income / additions
- $2,743,272
Expenses & distributions
- Benefits paid
- $1,733,591
- Administrative expenses
- $25,710
- Total expenses
- $1,759,301
- Net increase / (decrease)
- $983,971
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Advisors Ins. Agency | INVESTMENT ADVISOR | $24,805 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORD KEEPER | $17,628 | $0 | 2023 |
| Benefit Consultants Group | THIRD PARTY ADMINISTRATOR | $1,170 | $4,961 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Phoenix Center, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Nutley, NJ
- Wells Fargo Advisors Ins. Agency — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Benefit Consultants Group — Schedule C compensation