Department of Labor filing

PHOENIX MECANO, INC.

PHOENIX MECANO, INC. 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

52filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,619

Reported employer contributions per active participant.

Higher than about 53% of comparable plans

#People in the filing

Active participants reported for 2024.

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

¢Visible plan-paid fees

$209 / participant

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

Lower cost than about 49% of comparable plans

↗Investment performance

Not available

Plan assets changed 6.2%, 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 · 202452out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions53rd percentileTypical peer $2,436 · based on 43 comparable plans

Lower reported administrative expense49th percentileTypical peer $202 · based on 45 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 MECANO, INC. reported $191,182 in employer contributions across the plan and 73 active participants. That works out to $2,619 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 proxy67%

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 27.8%

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

Expense trendUp 69.8%

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

Peer context52/100

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: $191,182
Participant contributions: $349,289
Other contributions: $8,201
Employer share of reported contributions: 35.4%
Beginning assets: $5,222,263
Ending assets: $5,544,867
Ending net assets: $5,544,867
Ending liabilities: $0
Total income: $1,181,659
Total expenses: $611,957
Administrative expenses: $23,799
Participant loans: Not reported

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

$2,049

2023

$2,643

2024

$2,619

Plan-paid administrative expenses per participant

2022

$123

2023

$193

2024

$209

Active participants

2022

2023

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,619	73	5.5M	20251014082324NAL0003365792001
2023	$2,643	79	5.2M	20241014151723NAL0045057216001
2022	$2,049	80	4.5M	20231013114626NAL0022592707001

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: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 521221016-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Sep 1, 1997
Industry: Industry group 335
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D3H

Current plan terms

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Filing ACK_ID20251014082324NAL0003365792001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗