401(k) · DOL Form 5500 · 2023

Phoenix Contact Development and Manufacturing, Inc. 401(k) Plan

Data updated 2026-08-11

$144M
Total assets: 951
Participants: 93rd
Percentile by assets: $151,094
Avg per participant

Official DOL plan name: Phoenix Contact Employee Investment Plan · Sponsored by Phoenix Contact Development and Manufacturing, Inc. · Pennsylvania · Wholesale Trade

$144M in assets, 951 participants

Phoenix Contact Development and Manufacturing, Inc.'s Phoenix Contact Employee Investment Plan reported $144M in total assets and 951 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#5,971 in Wholesale Trade (6,309 peers)

Where Phoenix Contact Employee Investment Plan sits by assets

Phoenix Contact Employee Investment Plan sits in the top 10% of all filed plans by assets, $144M for 951 participants (~$151,094/participant), up 19.7% in 2023.

$144M
total plan assets (2023 EOY): 951
covered participants: 93rd
percentile by assets (of 127,072 plans): $151,094
avg assets per participant

Where Phoenix Contact Employee Investment Plan sits by total assets

Phoenix Contact Employee Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$143,690,238 Top 7% higher than 93% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Phoenix Contact Employee Investment Plan reported net income rose from -$19M in the plan year 2022 filing to $24M in the plan year 2023 filing.
Phoenix Contact Employee Investment Plan end-of-year assets rose from $120M in the plan year 2022 filing to $144M in the plan year 2023 filing.
Phoenix Contact Employee Investment Plan reported participants rose from 840 in the plan year 2022 filing to 951 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Wholesale Trade

Phoenix Contact Employee Investment Plan vs the 2023 asset distribution

By assets, Phoenix Contact Employee Investment Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$120M
Net Assets (End of Year)	$144M
Net Income	$24M
Employer EIN	752979405
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Phoenix Contact Development and Manufacturing, Inc.)

Total plan assets by year, all Phoenix Contact Development and Manufacturing, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	840	$120M
2023	1	951	$144M
2024	1	1,106	$169M

Nearby 401(k) Plans in Pennsylvania

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

Phoenix Contact Employee Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare Phoenix Contact Employee Investment Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Phoenix Contact Employee Investment Plan by total assets, not by location.

Martin's Point 401(k) Plan (ME) $144M · 1,023
Whitman, Requardt & Associates, LLP 401(k) Plan (MD) $144M · 796
Bancplus Corporation Employee Stock Ownership Plan W/401(k) Provisions (MS) $144M · 1,108
Major League Soccer 401(k) Plan (NY) $144M · 1,094

Frequently Asked Questions

How did Phoenix Contact Employee Investment Plan assets move in 2023? ▼

Phoenix Contact Employee Investment Plan grew sharply - up 19.7% during 2023, from $120M to $144M. Reported net income was $24M.

How have Phoenix Contact Development and Manufacturing, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Phoenix Contact Development and Manufacturing, Inc.'s sponsor-wide assets grew 40.8%, from $120M to $169M.

Where does Phoenix Contact Employee Investment Plan rank by assets among Form 5500 filers? ▼

Phoenix Contact Employee Investment Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Phoenix Contact Employee Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Martin's Point 401(k) Plan in ME ($144M, 1,023 participants).

Next read for Phoenix Contact Employee Investment Plan

Scale reading

Ways to act on Phoenix Contact Employee Investment Plan's numbers.

By total assets, Phoenix Contact Employee Investment Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
Phoenix Contact Development and Manufacturing, Inc.'s sponsor-wide assets have grown 40.8% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 752979405.