The Phillips Corporation Retirement Plan — Form 5500 plan (Phillips Corporation)
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, The Phillips Corporation Retirement Plan is a benefit plan reported by Phillips Corporation under EIN 52-0736062 and plan number 002. The latest loaded filing year is 2023. The filing reports 330 participants and $30,410,317 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Phillips Corporation
- EIN
- 52-0736062
- Plan number
- 002
- Plan type
- 2
- Location
- Hanover, MD
- Latest filing year
- 2023
- Participants
- 330
- End-of-year plan assets
- $30,410,317
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 330 | H, C | 20241009100002NAL0018131537001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,410,317
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,410,317
- Net assets (BOY)
- $25,976,199
Income & contributions
- Employer contributions
- $846,580
- Participant contributions
- $2,056,373
- Total contributions
- $2,978,942
- Total income / additions
- $7,331,089
Expenses & distributions
- Benefits paid
- $2,795,655
- Administrative expenses
- $101,316
- Total expenses
- $2,896,971
- Net increase / (decrease)
- $4,434,118
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Columbia Benefits Consulants, Inc. | PLAN ADMINISTRATION | $71,316 | $0 | 2023 |
| Lpl Financial | PLAN INVESTMENT ADVISORY | $30,000 | $0 | 2023 |