Phillips Mushroom Farms 401k Plan — Form 5500 plan (Phillips Mushroom Farms, L.P.)
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, Phillips Mushroom Farms 401k Plan is a benefit plan reported by Phillips Mushroom Farms, L.P. under EIN 23-1630612 and plan number 001. The latest loaded filing year is 2023. The filing reports 542 participants and $22,535,101 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$22.5MPlan net assets, end of year$22,535,101
Participants542Covered participants reported
Assets / participant$41.6KComputed: assets ÷ participants$41,578 (computed)
Provider compensation$52.9K2 Schedule C provider row(s)$52,909
- Plan sponsor
- Phillips Mushroom Farms, L.P.
- EIN
- 23-1630612
- Plan number
- 001
- Plan type
- 2
- Location
- Kennett Square, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 542 | H, C | 20241012081022NAL0041199088001 |
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)$22.5M total assets
Net assets$22.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $22,535,101
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $22,535,101
- Net assets (BOY)
- $20,197,828
Income & contributions
- Employer contributions
- $577,556
- Participant contributions
- $931,642
- Total contributions
- $1,564,172
- Total income / additions
- $3,954,075
Expenses & distributions
- Benefits paid
- $1,438,218
- Administrative expenses
- $119,697
- Total expenses
- $1,616,802
- Net increase / (decrease)
- $2,337,273
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Valley Forge Investment Company | RIA | $40,402 | not reported in the loaded dataset | 2023 |
| John Hancock Life Insurance Company | RECORD KEEPER | $12,507 | not reported in the loaded dataset | 2023 |