Phdata 401(K) Plan — Form 5500 plan (Phdata 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, Phdata 401(K) Plan is a benefit plan reported by Phdata Inc under EIN 47-2418349 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $20,032,707 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Phdata Inc
- EIN
- 47-2418349
- Plan number
- 001
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 275
- End-of-year plan assets
- $20,032,707
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 275 | H, C | 20240910220616NAL0007608961008 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,032,707
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,032,707
- Net assets (BOY)
- $11,971,072
Income & contributions
- Employer contributions
- $1,750,130
- Participant contributions
- $3,580,032
- Total contributions
- $6,243,500
- Total income / additions
- $8,913,122
Expenses & distributions
- Benefits paid
- $834,193
- Administrative expenses
- $13,109
- Total expenses
- $851,487
- Net increase / (decrease)
- $8,061,635
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Guideline, Inc. | RECORDKEEPER | $13,109 | not reported in the loaded dataset | 2023 |
| Benefit Trust Company | CUSTODIAN | $0 | $12,846 | 2023 |