Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust

Reviewed by PlainRetire Editorial, Retirement Plans Editorial Team

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Phe, Inc. · North Carolina · Retail Trade

What the 2023 filing shows

Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust holds $35M for 259 participants — about $133,575 per participant, down 13.2% over the 2022 plan year.

$35M
total plan assets (2022 EOY): 259
covered participants: $133,575
avg assets per participant: -13.2%
assets change YoY

The plan reported a net loss of $5M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)

$35M

Participants

259

State

North Carolina

Industry

Retail Trade

What the Filing Says About Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust

Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Phe, Inc., headquartered in North Carolina. As of the 2022 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 259 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 561335746, and the plan has been effective since 1976-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2022 to $35M at year-end — a decline of 13.2%. Net assets (after liabilities) closed the year at $35M, with reported net income of $-5,242,892 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$40M
Total Assets (End of Year)	$35M
Net Assets (End of Year)	$35M
Net Income	$-5,242,892
Plan Type	401(k)
Employer EIN	561335746
Plan Effective Date	1976-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Phe, Inc.)

Year	Plans	Participants	Total Assets
2022	1	259	$35M
2023	1	250	$39M
2024	1	256	$39M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans — same state, same plan type — ranked by total assets.

The Bank of America 401(k) Plan $54.8B · 173,899
Honeywell 401(k) Plan $15.4B · 40,004
Duke Energy Retirement Savings Plan $10.4B · 28,121
Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174

Compare Phe, Inc. Employees 401(k) and Profit Sh… side-by-side with 3 peers →

Related Data

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Frequently Asked Questions

How much money is in the Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust? ▼

As of the 2022 Form 5500 filing, Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust holds $35M in total assets with 259 participants. It is sponsored by Phe, Inc..

What type of plan is Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust? ▼

Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1976-01-01. The plan is filed with the U.S. Department of Labor under EIN 561335746.

Who sponsors the Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust? ▼

Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust is sponsored by Phe, Inc., located in North Carolina. The sponsor's EIN is 561335746 and the plan operates in the Retail Trade industry.

How did Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust perform in 2022? ▼

Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust declined by 13.2% during 2022, moving from $40M to $35M in total assets. Net income was $-5,242,892.

Where can I find official filings for Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust? ▼

Official Form 5500 filings for Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561335746 or plan name at efast.dol.gov.

How does Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust compare to other plans? ▼

You can compare Phe, Inc. Employees 401(k) and Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.