401k Record

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phData 401(k)

Recordkeeping fees per participant · Phdata 401(k) Plan · plan year 2024

$4.05

Higher than 3% of the 14,075 plans $10 to 50M that report it.

Source

= $1,428 / 353
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008220052NAL0003265667032, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008220052NAL0003265667032, received 2025-10-08

10th: $10.53median $83.9490th: $217.08

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-08.

Cost and contributions

Administrative expenses excluding investment management, per participant

$4.05

10th: $15.36median $118.8890th: $340.63

Higher than 2% of the 24,371 plans $10 to 50M that report it.

Source

= $1,428 / 353
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008220052NAL0003265667032, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008220052NAL0003265667032, received 2025-10-08

Administrative expenses per participant

$56.93

10th: $26.86median $197.2590th: $456.10

Higher than 18% of the 25,098 plans $10 to 50M that report it.

Source

= $20,097 / 353
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008220052NAL0003265667032, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008220052NAL0003265667032, received 2025-10-08

Administrative expenses as a share of assets

0.073%

10th: 0.035%median 0.289%90th: 0.599%

Higher than 17% of the 25,132 plans $10 to 50M that report it.

Source

= $20,097 / $27,429,185
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008220052NAL0003265667032, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008220052NAL0003265667032, received 2025-10-08

Employer contributions per participant

$5,963

10th: $664median $2,07490th: $4,751

Higher than 94% of the 24,050 plans $10 to 50M that report it.

Source

= $2,105,063 / 353
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008220052NAL0003265667032, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008220052NAL0003265667032, received 2025-10-08

Employer share of total contributions

28.9%

10th: 13.1%median 27.9%90th: 45.2%

Higher than 53% of the 24,084 plans $10 to 50M that report it.

Source

= $2,105,063 / $7,295,904
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008220052NAL0003265667032, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008220052NAL0003265667032, received 2025-10-08

Plan terms, as stated in phData, Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008220052NAL0003265667032, received 2025-10-08

Full record, Phdata 401(k) Plan

FieldValueSource
Plan sponsorPHDATA INCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008220052NAL0003265667032, received 2025-10-08
Plan namePHDATA 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251008220052NAL0003265667032, received 2025-10-08
Sponsor EIN / plan number47-2418349 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008220052NAL0003265667032, received 2025-10-08
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008220052NAL0003265667032, received 2025-10-08
Sponsor locationMINNEAPOLIS, MNForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008220052NAL0003265667032, received 2025-10-08
Industry (business code)541600, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008220052NAL0003265667032, received 2025-10-08
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008220052NAL0003265667032, received 2025-10-08
Filing received2025-10-08Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008220052NAL0003265667032, received 2025-10-08
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008220052NAL0003265667032, received 2025-10-08
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251008220052NAL0003265667032, received 2025-10-08
Participants, beginning of year348Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008220052NAL0003265667032, received 2025-10-08
Active participants313Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008220052NAL0003265667032, received 2025-10-08
Participants, end of year361Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008220052NAL0003265667032, received 2025-10-08
Participants with an account balance353Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008220052NAL0003265667032, received 2025-10-08
Total assets, beginning of year$20,032,707Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008220052NAL0003265667032, received 2025-10-08
Total assets, end of year$27,429,185Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008220052NAL0003265667032, received 2025-10-08
Net assets, end of year$27,429,185Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008220052NAL0003265667032, received 2025-10-08
Total income$10,425,403Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008220052NAL0003265667032, received 2025-10-08
Net income$7,396,478Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008220052NAL0003265667032, received 2025-10-08
Employer contributions$2,105,063Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008220052NAL0003265667032, received 2025-10-08
Participant contributions$4,319,318Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008220052NAL0003265667032, received 2025-10-08
Other contributions (incl. rollovers)$871,523Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008220052NAL0003265667032, received 2025-10-08
Total contributions$7,295,904Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008220052NAL0003265667032, received 2025-10-08
Benefit payments$3,008,557Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008220052NAL0003265667032, received 2025-10-08
Total expenses (incl. benefit payments)$3,028,925Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008220052NAL0003265667032, received 2025-10-08
Total administrative expenses$20,097Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008220052NAL0003265667032, received 2025-10-08
Recordkeeping fees$1,428Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008220052NAL0003265667032, received 2025-10-08
Investment advisory and management fees$18,669Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008220052NAL0003265667032, received 2025-10-08
Administrative expenses excluding investment management$1,428derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008220052NAL0003265667032, received 2025-10-08
Held in mutual funds$27,125,257Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008220052NAL0003265667032, received 2025-10-08
Independent auditorABDO LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008220052NAL0003265667032, received 2025-10-08

Position = column in the DOL layout for form year 2024. Filing 20251008220052NAL0003265667032, received 2025-10-08.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
GUIDELINE, INC.recordkeeperRECORDKEEPER 14 Plan administrator; 15 Recordkeeping and information management; 16 Consulting (general); 26 Investment advisory (participants); 27 Investment advisory (plan); 31 Named fiduciary; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 72 Other investment fees and expenses $18,143no
BENEFIT TRUST COMPANYCUSTODIAN 18 Custodial (other than securities); 19 Custodial (securities) $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251008220052NAL0003265667032, received 2025-10-08.

What changed since the 2023 plan year

Figure20232024Change
Total assets$20,032,707$27,429,18536.9%
Participants with a balance3383534.4%
Administrative expenses$13,109$20,09753.3%
Recordkeeping fees per participant$3.33$4.0521.6%
Employer contributions$1,750,130$2,105,06320.3%

Prior filing 20240910220616NAL0007608961008, received 2024-09-10; the plan years are contiguous.

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Sponsor name as filed: PHDATA INC; SEC registrant: phData, Inc. (CIK 1733667, matched by EIN).