Phi Group, Inc. 401(k) Review & Grade
Phi Group, Inc. 401(k) Retirement Plan
Lafayette, LATransportation & Warehousing2,073 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,770Employer $ per active participant
$9,064Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$426.9MNet plan assets, end of year
$161,769Average balance per account
Score breakdown
- Employer generosity44.2 / 5088th percentile for employer $ per participant
- Low cost19.5 / 2578th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score88 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 78th |
| Employee saving | 94th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Phi Group put in about $3,770 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,814,300 |
| Participant (employee) contributions | $18,789,901 |
| Other contributions (incl. rollovers in) | $2,194,276 |
| Administrative expenses paid from the plan | $343,766 |
| Investment advisory & management fees | $208,438 |
| Benefits paid out | $51,319,381 |
| Net assets, start / end of year | $396.2M / $426.9M |
| Active participants, start / end of year | 2,106 / 2,040 |
| Participants with account balances | 2,639 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pension Assurance LLP |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $117,145 reported compensation |
| Empower Annuity Insurance Company O | $96,320 reported compensation |
| Jones Walker LLP | $56,573 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015125119NAL0004593169001, received 2025-10-15, EIN 84-2513763, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.