401(k) · DOL Form 5500 · 2024

Phillips Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
200
Participants Below avg headcount
75th
Percentile by assets National rank
$132,552
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Phillips Industries Retirement Plan · Sponsored by Phillips Industries, Inc. · California · Manufacturing

$27M in assets, 200 participants

Phillips Industries, Inc.'s Phillips Industries Retirement Plan reported $27M in total assets and 200 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #11,755 in Manufacturing (17,777 peers)

Coverage in California

Phillips Industries Retirement Plan covers 200 participants in California, about 32% of the average California filer (state average ~630 per filing). Assets: $27M.

#11,755
in Manufacturing (17,777 peers)
-11.5%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Phillips Industries Retirement Plan's outsized position by total assets

Phillips Industries Retirement Plan vs every filed plan by assets

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

$26,510,426 Top 25% higher than 75% 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

Phillips Industries 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. Phillips Industries Retirement Plan sits mid-pack in the medium band (200 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Phillips Industries Retirement Plan reported net income fell from $5M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Phillips Industries Retirement Plan reported participants fell from 330 in the plan year 2023 filing to 200 in the plan year 2024 filing.
  • Phillips Industries Retirement Plan end-of-year assets fell from $30M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 952596625 · Phillips Industries, Inc. PY 2024 · 401(k)

Phillips Industries Retirement Plan · $27M · 200 · 75th

  • 5500 $27M
  • ASSETS 200
  • PCT 75th
  • EIN 401(k)
  • RANK near Mica Profit Sharing/401(k) Plan
  • PHOTO ind #11755

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 Manufacturing retirement plans → · Plans in California →

Phillips Industries Retirement Plan in the asset neighbourhood

Phillips Industries Retirement PlanPhillips Industries Retireme…$27MMica Profit Sharing/401(k) PlanMica Profit Sharing/401(k) P…$27MM & H Enterprises, Inc. 401(k) PlanM & H Enterprises, Inc. 401(…$27MH. J. Martin & Son, Inc. Profit Sharing and Retirement Savings PlanH. J. Martin & Son, Inc. Pro…$27MMaterial Control, Inc. 401(k) PlanMaterial Control, Inc. 401(k…$27M
End-of-year total assets ($M) among Phillips Industries Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$27M
Net Income-$3M
Employer EIN952596625
Plan Effective Date1967-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Phillips Industries, Inc.)

Sponsor-wide plan assets over time

All Phillips Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 4.144847244434871% vs 2022
2024 filing year
$24M$26M$28M$30M$32M 202220232024 $25.5M $26.5M ▲ +4.1%
Year Plans Participants Total Assets
2022 1 294 $25M
2023 1 330 $30M
2024 1 200 $27M

Nearby 401(k) Plans in California

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

Phillips Industries Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Phillips Industries Retirement Plan, Total assets ($B): 0.026510426 · Participants: 200Phillips Industries Retirement PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Phillips Industries Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

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

Outside California, the nearest 401(k) by assets is Mica Profit Sharing/401(k) Plan in AZ ($27M); by covered participants it is Tata Elxsi 401(k) Plan in MI (200 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (200 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 Phillips Industries Retirement Plan assets move in 2024?
Phillips Industries Retirement Plan pulled back noticeably - down 11.5% during 2024, from $30M to $27M. Reported net income was -$3M.
How have Phillips Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Phillips Industries, Inc.'s sponsor-wide assets grew 4.1%, from $25M to $27M.
Where does Phillips Industries Retirement Plan rank by assets among Form 5500 filers?
Phillips Industries Retirement Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Phillips Industries Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Mica Profit Sharing/401(k) Plan in AZ ($27M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Phillips Industries Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Tata Elxsi 401(k) Plan in MI (200 participants, $587K in assets).