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, Phd, Inc. Profit Sharing Plan is a benefit plan reported by Partners Hair Design Group, Inc. under EIN 54-1462492 and plan number 001. The latest loaded filing year is 2023. The filing reports 313 participants and $13,655,094 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,655,094
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,655,094
- Net assets (BOY)
- $11,503,531
Income & contributions
- Employer contributions
- $70,362
- Participant contributions
- $706,801
- Total contributions
- $777,163
- Total income / additions
- $2,745,492
Expenses & distributions
- Benefits paid
- $531,688
- Administrative expenses
- $51,317
- Total expenses
- $593,929
- Net increase / (decrease)
- $2,151,563