Retirement plan

PHOENIX 401(K) PLAN

Name: PHOENIX MANAGEMENT, INC. - PHOENIX 401(K) PLAN (2015) Form 5500
Creator: PHOENIX MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHOENIX 401(K) PLAN, PHOENIX MANAGEMENT, INC.

PHOENIX MANAGEMENT, INC.EIN 74-2641906Plan #003PY 2015

10313 LAKE CREEK PARKWAY, FLOOR 2 - AUSTIN, TX 78750512-335-5663

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.6M

No prior year

Total participants

479

No prior year

Average account balance

$24,953

No prior year

Annual return

13.72%

No prior year

Benchmarks

See 690 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.73M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$30K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

489

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+10.61%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$425

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
EMPLOYEE FIDUCIARY, LLC1+ years Filed as: EMPLOYEE INCENTIVE PLANS Service code 12 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Recordkeeping and information managem...	$87,249
RICE HALL JAMES1+ years Filed as: RICE INVESTMENT ADVISORY SERVICES Service code 16 12466 LOS INDIOS TRAIL · AUSTIN, TX 78729	Consulting	$51,423
PEGGY S. EDGE, CPA, LLC1+ years Service code 10 PO BOX 204151 · AUSTIN, TX 78720	Accounting	$8,675
NATIONAL FINANCIAL SERVICES1+ years Filed as: NATIONAL FINANCIAL SERVICES, LLC Service code 12 200 LIBERTY STREET · NEW YORK, NY 10281	Claims processing; Custodial (securit...	$6,081

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$162K

$478 / participant

Investment mgmt$51K31.7%
Contract admin$93K57.5%
Other / not subdivided$18K10.8%

% of EOY assets

1.528%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PEGGY S. EDGE, CPA, LLC
Auditor EIN: 264527814
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,953

$38,925-35.9%

$73,836-66.2%

$55,191-54.8%

Participation rate

84.4%

66.0%+18.4pp

73.4%+11.0pp

69.2%+15.3pp

Annual return

13.72%

6.31%+7.4pp

2268.06%-2254.3pp

10.78%+2.9pp

Employer contribution / active EE

$3,959

$1,695+133.6%

$2,787+42.0%

$1,899+108.5%

Participant deferral / active EE

$793

$2,351-66.3%

$3,583-77.9%

$3,046-74.0%

Admin fee / account holder

$381

$83+360.2%

$4,882-92.2%

$91+320.0%

Provider

Service type

Compensation

EMPLOYEE FIDUCIARY, LLC1+ years

Filed as: EMPLOYEE INCENTIVE PLANS

Service code 12

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Recordkeeping and information managem...

$87,249

RICE HALL JAMES1+ years

Filed as: RICE INVESTMENT ADVISORY SERVICES

Service code 16

12466 LOS INDIOS TRAIL · AUSTIN, TX 78729

Consulting

$51,423

PEGGY S. EDGE, CPA, LLC1+ years

Service code 10

PO BOX 204151 · AUSTIN, TX 78720

Accounting

$8,675

NATIONAL FINANCIAL SERVICES1+ years

Filed as: NATIONAL FINANCIAL SERVICES, LLC

Service code 12

200 LIBERTY STREET · NEW YORK, NY 10281

Claims processing; Custodial (securit...

$6,081

PHOENIX 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHOENIX 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion