401(k) · DOL Form 5500 · 2024

Philip Health Services, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
121
Participants Small participant base
50th
Percentile by assets National rank
$62,022
Avg per participant Low balance/head
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Official DOL plan name: Philip Health Services, Inc. Retirement Plan · Sponsored by Philip Health Services, Inc. · South Dakota · Healthcare & Social Assistance

$8M in assets, 121 participants

Philip Health Services, Inc.'s Philip Health Services, Inc. Retirement Plan reported $8M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #9,219 in Healthcare & Social Assistance (16,916 peers)

Coverage in South Dakota

Philip Health Services, Inc. Retirement Plan covers 121 participants in South Dakota, about 36% of the average South Dakota filer (state average ~340 per filing). Assets: $8M.

#9,219
in Healthcare & Social Assistance (16,916 peers)
+8.0%
assets growth YoY

Philip Health Services, Inc. Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Philip Health Services, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,504,630 Top 50% higher than 50% of 123,620 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 2024

Philip Health Services, Inc. Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Philip Health Services, Inc. Retirement Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Philip Health Services, Inc. Retirement Plan reported net income fell from $1M in the plan year 2023 filing to $558K in the plan year 2024 filing.
  • Philip Health Services, Inc. Retirement Plan reported participants rose from 112 in the plan year 2023 filing to 121 in the plan year 2024 filing.
  • Philip Health Services, Inc. Retirement Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 460361016 · Philip Health Services, Inc. PY 2024 · 401(k)

Philip Health Services, Inc. Retirement Plan · $8M · 121 · 50th

  • PART $8M
  • PART 121
  • PART 50th
  • PART 401(k)
  • PART near Building Engineering Resources, Inc. 401(k) Plan
  • PART ind #9219

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 Healthcare & Social Assistance retirement plans → · Plans in South Dakota →

Philip Health Services, Inc. Retirement Plan in the asset neighbourhood

Philip Health Services, Inc. Retirement PlanPhilip Health Services, Inc.…$8MBuilding Engineering Resources, Inc. 401(k) PlanBuilding Engineering Resourc…$8MHughes Lumber Company Employees' Retirement PlanHughes Lumber Company Employ…$8MDcg Fulfillment 401(k) Plan$8MPhillips Precision Inc. 401(k)Phillips Precision Inc. 401(…$8M
End-of-year total assets ($M) among Philip Health Services, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Dakota filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$558K
Employer EIN460361016
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Philip Health Services, Inc.)

Sponsor-wide plan assets over time

All Philip Health Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 32.71763227851952% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.65M $7.5M ▲ +32.7%
Year Plans Participants Total Assets
2022 1 124 $6M
2023 1 112 $7M
2024 1 121 $8M

Nearby 401(k) Plans in South Dakota

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

Philip Health Services, Inc. Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Philip Health Services, Inc. Retirement Plan, Total assets ($M): 7.50463 · Participants: 121Philip Health Services, Inc. Retirement PlanBlack Hills Corporation 401(k) Retirement Savings Plan, Total assets ($M): 811.221285 · Participants: 2881Black Hills Corporation 401(k) Retirement Savings PlanGood Samaritan Society 401(k) Plan, Total assets ($M): 278.292791 · Participants: 12199Good Samaritan Society 401(k) PlanPoet 401(k) Plan, Total assets ($M): 265.689062 · Participants: 2380Poet 401(k) PlanDaktronics, Inc. 401(k) Plan, Total assets ($M): 262.560689 · Participants: 2369Daktronics, Inc. 401(k) PlanPremier 401(k) Plan, Total assets ($M): 240.594371 · Participants: 1821Premier 401(k) Plan
Philip Health Services, Inc. Retirement Plan vs. nearby 401(k) plans in South Dakota, assets vs. participants

Philip Health Services, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside South Dakota, the nearest 401(k) by assets is Building Engineering Resources, Inc. 401(k) Plan in MA ($8M); by covered participants it is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Philip Health Services, Inc. Retirement Plan assets move in 2024?
Philip Health Services, Inc. Retirement Plan grew at a solid clip - up 8.0% during 2024, from $7M to $8M. Reported net income was $558K.
How have Philip Health Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Philip Health Services, Inc.'s sponsor-wide assets grew 32.7%, from $6M to $8M.
Which 401(k) plans are similar in size to Philip Health Services, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Building Engineering Resources, Inc. 401(k) Plan in MA ($8M, 34 participants).
Which 401(k) plans cover a similar participant headcount to Philip Health Services, Inc. Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants, $104K in assets).