Profit Sharing · DOL Form 5500 · 2023

The Phung Family Corporation Profit Sharing Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
56
Participants Small participant base
28th
Percentile by assets National rank
$27,530
Avg per participant Low balance/head
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Official DOL plan name: The Phung Family Corporation 401(k) Profit Sharing Plan · Sponsored by The Phung Family Corporation · California · Food Services & Accommodation

$2M in assets, 56 participants

The Phung Family Corporation's The Phung Family Corporation 401(k) Profit Sharing Plan reported $2M in total assets and 56 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,455 in Food Services & Accommodation (3,828 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, The Phung Family Corporation 401(k) Profit Sharing Plan ranks #2,455 of 3,828 2023 filers by assets (1269% of the sector average)-$2M for 56 participants.

#2,455
in Food Services & Accommodation (3,828 peers)
+43.2%
assets growth YoY

The Phung Family Corporation 401(k) Profit Sharing Plan among the smaller filed plans by assets

The Phung Family Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$1,541,655 28th percentile higher than 28% 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 Phung Family Corporation 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Phung Family Corporation 401(k) Profit Sharing Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Phung Family Corporation 401(k) Profit Sharing Plan reported net income rose from $76K in the plan year 2022 filing to $465K in the plan year 2023 filing.
  • The Phung Family Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Phung Family Corporation 401(k) Profit Sharing Plan reported participants rose from 43 in the plan year 2022 filing to 56 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 271969234 · The Phung Family Corporation PY 2023 · Profit Sharing

The Phung Family Corporation 401(k) Profit Sharing Plan · $2M · 56 · 28th

  • RANK $2M
  • RANK 56
  • RANK 28th
  • RANK Profit Sharing
  • RANK near Tpog L&l Inc. Retirement Plan
  • RANK ind #2455

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 Food Services & Accommodation retirement plans → · Plans in California →

The Phung Family Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

The Phung Family Corporation 401(k) Profit Sharing PlanThe Phung Family Corporation…$2MTpog L&l Inc. Retirement Plan$2MHarris Heating and Plumbing Profit Sharing PlanHarris Heating and Plumbing …$2MPest Elimination Systems Technology, Inc. Profit Sharing PlanPest Elimination Systems Tec…$2MEugenio Rivera Rios Profit Sharing PlanEugenio Rivera Rios Profit S…$2M
End-of-year total assets ($M) among The Phung Family Corporation 401(k) Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$465K
Employer EIN271969234
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Phung Family Corporation)

Sponsor-wide plan assets over time

All The Phung Family Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$2M 77.69271714382059% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $1.08M $1.91M ▲ +76.9%
Year Plans Participants Total Assets
2022 1 43 $1M
2023 1 56 $2M
2024 1 52 $2M

Nearby Profit Sharing Plans in California

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

The Phung Family Corporation 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants The Phung Family Corporation 401(k) Profit Sharing Plan, Total assets ($B): 0.001541655 · Participants: 56The Phung Family Corporation 401(k) Profit Sharing PlanIntel Retirement Contribution Plan, Total assets ($B): 7.243052996 · Participants: 21513Intel Retirement Contribution PlanScpmg Keogh Plan, Total assets ($B): 6.822267649 · Participants: 10125Scpmg Keogh PlanMotion Picture Industry Individual Account Plan, Total assets ($B): 5.851994984 · Participants: 71071Motion Picture Industry Individual Account PlanMemorialcare Retirement Plan, Total assets ($B): 1.32726 · Participants: 4728Memorialcare Retirement PlanDisney Retirement Savings Plan, Total assets ($B): 1.092654738 · Participants: 37110Disney Retirement Savings Plan
The Phung Family Corporation 401(k) Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants
Compare The Phung Family Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Phung Family Corporation 401(k) Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside California, the nearest Profit Sharing by assets is Tpog L&l Inc. Retirement Plan in GA ($2M); by covered participants it is Ft Manufacturing Corp. Profit Sharing Plan and Trust in WI (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Phung Family Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
The Phung Family Corporation 401(k) Profit Sharing Plan surged - up 43.2% during 2023, from $1M to $2M. Reported net income was $465K.
How have The Phung Family Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Phung Family Corporation's sponsor-wide assets grew 77.7%, from $1M to $2M.
Which Profit Sharing plans are similar in size to The Phung Family Corporation 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Tpog L&l Inc. Retirement Plan in GA ($2M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to The Phung Family Corporation 401(k) Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Ft Manufacturing Corp. Profit Sharing Plan and Trust in WI (56 participants, $27K in assets).

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 271969234.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.