Profit Sharing · DOL Form 5500 · 2022

The Phoenix Center, Inc. Profit Sharing Plan

Data updated 2026-08-11

$15M
Total assets
170
Participants
72nd
Percentile by assets
$87,107
Avg per participant
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Official DOL plan name: Phoenix Center Employee Retirement Plan · Sponsored by The Phoenix Center, Inc. · New Jersey · Educational Services

$15M in assets, 170 participants

The Phoenix Center, Inc.'s Phoenix Center Employee Retirement Plan reported $15M in total assets and 170 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 72nd percentile by assets (of 139,126 plans)
  • #2,207 in Educational Services (4,024 peers)

Coverage in New Jersey

Phoenix Center Employee Retirement Plan covers 170 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $15M.

$15M
total plan assets (2022 EOY)
170
covered participants
72nd
percentile by assets (of 139,126 plans)
$87,107
avg assets per participant

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Phoenix Center Employee Retirement Plan reports 170 participants - about 20% of that state average ($15M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$1M
Employer EIN223114959
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Phoenix Center, Inc.)

$14M$15M$16M$17M$18M 202220232024 $14.8M $17.2M ▲ +16.3%
Total plan assets by year, all The Phoenix Center, Inc. plans on file
Year Plans Participants Total Assets
2022 1 170 $15M
2023 1 166 $16M
2024 1 140 $17M

Nearby Profit Sharing Plans in New Jersey

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Phoenix Center Employee Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Phoenix Center Employee Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -0.500.511.522.5 Total assets ($B) Participants Phoenix Center Emplo…Ernst & Young Partne…Princeton University…Operating Engineers …Heavy & General Labo…IBEW Local Union No …
Phoenix Center Employee Retirement Plan vs. nearby Profit Sharing plans in New Jersey, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Phoenix Center Employee Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Phoenix Center Employee Retirement Plan assets move in 2022?
Phoenix Center Employee Retirement Plan grew at a solid clip - up 11.0% during 2022, from $13M to $15M. Reported net income was $1M.
How have The Phoenix Center, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), The Phoenix Center, Inc.'s sponsor-wide assets grew 16.3%, from $15M to $17M.
Which Profit Sharing plans are similar in size to Phoenix Center Employee Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Coastal Children's Clinic, P.a. Profit Sharing Plan in TX ($15M, 87 participants).

Next read for Phoenix Center Employee Retirement Plan

Filing takeaways

Ways to act on Phoenix Center Employee Retirement Plan's numbers.