401(k) · DOL Form 5500 · 2023

Phillips Corporation 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
259
Participants Below avg headcount
79th
Percentile by assets National rank
$117,414
Avg per participant Below avg balance/head
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Official DOL plan name: The Phillips Corporation Retirement Plan · Sponsored by Phillips Corporation · Maryland · Professional & Technical Services

$30M in assets, 259 participants

Phillips Corporation's The Phillips Corporation Retirement Plan reported $30M in total assets and 259 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #16,247 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

The Phillips Corporation Retirement Plan covers 259 participants in Maryland, about 28% of the average Maryland filer (state average ~929 per filing). Assets: $30M.

#16,247
in Professional & Technical Services (20,321 peers)
+17.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Phillips Corporation Retirement Plan's outsized position by total assets

The Phillips Corporation Retirement Plan vs every filed plan by assets

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

$30,410,317 Top 21% higher than 79% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

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

The Phillips Corporation Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Phillips Corporation Retirement Plan sits mid-pack in the medium band (259 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Phillips Corporation Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Phillips Corporation Retirement Plan end-of-year assets rose from $26M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 520736062 · Phillips Corporation PY 2023 · 401(k)

The Phillips Corporation Retirement Plan · $30M · 259 · 79th

  • EOY $30M
  • 5500 259
  • ASSETS 79th
  • PCT 401(k)
  • EIN near Kenyon Companies 401(k) Plan
  • RANK ind #16247

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Maryland →

The Phillips Corporation Retirement Plan in the asset neighbourhood

Homeserve USA 401(k) Plan for Union EmployeesHomeserve USA 401(k) Plan fo…$30MUniversity Neurosurgical Associates, P. C. 401(k) PlanUniversity Neurosurgical Ass…$30MThe Phillips Corporation Retirement PlanThe Phillips Corporation Ret…$30MKenyon Companies 401(k) Plan$30MEmployee Owned Holdings, Inc. 401(k) Ps PlanEmployee Owned Holdings, Inc…$30M
End-of-year total assets ($M) among The Phillips Corporation Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN520736062
Plan Effective Date1987-04-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Phillips Corporation)

Sponsor-wide plan assets over time

All Phillips Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$37M 41.47721535394766% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $26M $36.8M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 260 $26M
2023 1 259 $30M
2024 1 301 $37M

Nearby 401(k) Plans in Maryland

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

The Phillips Corporation Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Phillips Corporation Retirement Plan, Total assets ($B): 0.030410317 · Participants: 259The Phillips Corporation Retirement PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
The Phillips Corporation Retirement Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

The Phillips Corporation Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Kenyon Companies 401(k) Plan in AZ ($30M); by covered participants it is The Don Hummer Trucking Corporation 401(k) Retirement Plan in IA (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Phillips Corporation Retirement Plan assets move in 2023?
The Phillips Corporation Retirement Plan grew sharply - up 17.1% during 2023, from $26M to $30M. Reported net income was $4M.
How have Phillips Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Phillips Corporation's sponsor-wide assets grew 41.5%, from $26M to $37M.
Where does The Phillips Corporation Retirement Plan rank by assets among Form 5500 filers?
The Phillips Corporation Retirement Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Phillips Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Kenyon Companies 401(k) Plan in AZ ($30M, 1,652 participants).
Which 401(k) plans cover a similar participant headcount to The Phillips Corporation Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is The Don Hummer Trucking Corporation 401(k) Retirement Plan in IA (259 participants, N/A in assets).