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RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC. 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC.
Plan identification number 001

RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC. Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FRANK PHILLIPS FOUNDATION INC has sponsored the creation of one or more 401k plans.

Company Name:FRANK PHILLIPS FOUNDATION INC
Employer identification number (EIN):730636562
NAIC Classification:712100
NAIC Description: Museums, Historical Sites, and Similar Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01KEVIN HOCH2024-07-16
0012022-01-01KEVIN HOCH2023-09-20
0012021-01-01KEVIN HOCH2022-06-16
0012020-01-01BOB FRASER2021-09-17 BOB FRASER2021-09-17
0012019-01-01BOB FRASER2020-08-13
0012018-01-01BOB FRASER2019-06-19 BOB FRASER2019-06-19
0012017-01-01BOB FRASER2018-10-04
0012016-01-01BOB FRASER2017-07-21
0012015-01-01BOB FRASER2016-09-02 BOB FRASER2016-09-02
0012015-01-01BOB FRASER2016-05-25
0012014-01-01BOB FRASER2015-10-14
0012014-01-01BOB FRASER2015-05-11 BOB FRASER2015-05-11
0012013-01-01BOB FRASER2014-09-17
0012012-01-01BOB FRASER2014-09-17
0012011-01-01BOB FRASER2012-09-17
0012010-01-01BOB FRASER2011-06-13

Financial Data on RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC.

Measure Date Value
2025 : RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-31107453
Net assets as of the end of the plan year2025-07-31172660
Total assets as of the beginning of the plan year2025-07-31213935
Value of plan covered by a fidelity bond2025-07-31125000
Other income to plan in this plan year2025-07-319754
Plan net income in this plan year2025-07-31-41275
Net assets as of the end of the plan year2025-07-31172660
Net assets as of the beginning of the plan year2025-07-31213935
Employer contributions to plan in this plan year2025-07-3156424
2024 : RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC. 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1623399
Net assets as of the end of the plan year2024-07-16213935
Total assets as of the beginning of the plan year2024-07-16155808
Value of plan covered by a fidelity bond2024-07-16125000
Other income to plan in this plan year2024-07-169671
Plan net income in this plan year2024-07-1658127
Net assets as of the end of the plan year2024-07-16213935
Net assets as of the beginning of the plan year2024-07-16155808
Employer contributions to plan in this plan year2024-07-1671855
2013 : RETIREMENT PLAN FOR EMPLOYEES OF THE FRANK PHILLIPS FOUNDATION, INC. 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$175,729
Expenses. Total of all expenses incurred2013-12-31$0
Benefits paid (including direct rollovers)2013-12-31$0
Total plan assets at end of year2013-12-31$1,036,407
Total plan assets at beginning of year2013-12-31$860,678
Value of fidelity bond covering the plan2013-12-31$0
Total contributions received or receivable from participants2013-12-31$61,831
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$96,277
Net income (gross income less expenses)2013-12-31$175,729
Net plan assets at end of year (total assets less liabilities)2013-12-31$1,036,407
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$860,678
Assets. Value of participant loans2013-12-31$22,259
Total contributions received or receivable from employer(s)2013-12-31$17,621
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0

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