Department of Labor filing

PHOENIX CLOSURES, INC.

PHOENIX CLOSURES WEST 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Aug 11, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

82filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$5,477

Reported employer contributions per active participant.

Higher than about 94% of comparable plans

#People in the filing

308

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$133 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 55% of comparable plans

↗Investment performance

Not available

Plan assets changed 39.2%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202482out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions94th percentileTypical peer $1,735 · based on 443 comparable plans

Lower reported administrative expense55th percentileTypical peer $150 · based on 447 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PHOENIX CLOSURES, INC. reported $1,686,866 in employer contributions across the plan and 308 active participants. That works out to $5,477 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy90%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 429.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 6.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context82/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,686,866
Participant contributions: $960,887
Other contributions: $403,897
Employer share of reported contributions: 63.7%
Beginning assets: $8,051,991
Ending assets: $11,210,018
Ending net assets: $11,210,018
Ending liabilities: $0
Total income: $4,163,486
Total expenses: $859,938
Administrative expenses: $45,352
Participant loans: $529,905

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,035

2023

$1,039

2024

$5,477

Plan-paid administrative expenses per participant

2022

$126

2023

$107

2024

$133

Active participants

2022

301

2023

299

2024

308

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$5,477	308	11.2M	20250811111254NAL0020558418001
2023	$1,039	299	8.1M	20240709074507NAL0026742594001
2022	$1,035	301	6.8M	20230717142322NAL0057122834001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 4.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 362583573-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 2000
Industry: Industry group 326
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
PRINCIPAL LIFE INSURANCE COMPANY	2024	Not reported	unknown

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Current plan terms

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Filing ACK_ID20250811111254NAL0020558418001

Data sourceDOL Form 5500 bulk data ↗

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