Plan5500

Phillips Service Industries, Inc. Savings And Retirement Plan — Form 5500 plan (Phillips Service Industries, 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, Phillips Service Industries, Inc. Savings And Retirement Plan is a benefit plan reported by Phillips Service Industries, Inc. under EIN 38-2509613 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $28,581,630 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$28.6MPlan net assets, end of year$28,581,630
Participants233Covered participants reported
Assets / participant$122.7KComputed: assets ÷ participants$122,668 (computed)
Provider compensation$42.9K2 Schedule C provider row(s)$42,939
Plan sponsor
Phillips Service Industries, Inc.
EIN
38-2509613
Plan number
001
Plan type
3
Location
Plymouth, MI
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    233 participants · 3Sch HSch C
    View filing →
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)$28.6M total assets
Net assets$28.6MLiabilities—
Money in vs. money out
Total income / additions$4.6M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$88.4K
Participant$987K
Full reported line items

Net assets

Total assets (EOY)
$28,581,630
Net assets (EOY)
$28,581,630
Net assets (BOY)
$26,073,140

Income & contributions

Employer contributions
$88,438
Participant contributions
$987,045
Total contributions
$1,438,568
Total income / additions
$4,618,506

Expenses & distributions

Benefits paid
$2,086,219
Administrative expenses
$21,083
Total expenses
$2,110,016
Net increase / (decrease)
$2,508,490
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 8%Participant 92%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Capfinancial Partners, LLC$40.1K
    INVESTMENT ADVISORA · Direct $40.1K
  2. 2
    Empower Annuity Insurance Company$2.8K
    RECORDKEEPER · Direct $2.8K

What to inspect next

Frequently asked questions

Who sponsors the Phillips Service Industries, Inc. Savings And Retirement Plan?
Phillips Service Industries, Inc. Savings And Retirement Plan is reported as sponsored by Phillips Service Industries, Inc. (EIN 38-2509613, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Phillips Service Industries, Inc. Savings And Retirement Plan?
The latest Form 5500 filing year loaded for Phillips Service Industries, Inc. Savings And Retirement Plan is 2023.
How many participants does Phillips Service Industries, Inc. Savings And Retirement Plan report?
Phillips Service Industries, Inc. Savings And Retirement Plan reports 233 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Phillips Service Industries, Inc. Savings And Retirement Plan?
Phillips Service Industries, Inc. Savings And Retirement Plan reports $28,581,630 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages