The Phone Works Inc.
Plan context: The Phone Works Inc.Defined Benefit Plan
EIN 23-2499619 • Drexel Hill, PA • 28 filings • 5 plans
Current Snapshot
Latest Year
2024
2024 Participants
3
2024 Assets
$2,631,098
2024 Contributions
$58,000
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 3 | $2,631,098 | $58,000 | $19,333iApproximate average salary by contribution assumption: employee only about $483,333 at 4% or $322,222 at 6%; with 50% employer match about $322,222 at 4% or $214,815 at 6%; with 100% employer match about $241,667 at 4% or $161,111 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $2,406,562 | $58,000 | $19,333iApproximate average salary by contribution assumption: employee only about $483,333 at 4% or $322,222 at 6%; with 50% employer match about $322,222 at 4% or $214,815 at 6%; with 100% employer match about $241,667 at 4% or $161,111 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $224,536 | $0 | - |
| 2023 | 2 | 3 | $2,445,388 | $17,000 | $5,667iApproximate average salary by contribution assumption: employee only about $141,667 at 4% or $94,444 at 6%; with 50% employer match about $94,444 at 4% or $62,963 at 6%; with 100% employer match about $70,833 at 4% or $47,222 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $2,232,013 | $17,000 | $5,667iApproximate average salary by contribution assumption: employee only about $141,667 at 4% or $94,444 at 6%; with 50% employer match about $94,444 at 4% or $62,963 at 6%; with 100% employer match about $70,833 at 4% or $47,222 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $213,375 | - | - |
| 2022 | 2 | 3 | $2,311,060 | $22,000 | $7,333iApproximate average salary by contribution assumption: employee only about $183,333 at 4% or $122,222 at 6%; with 50% employer match about $122,222 at 4% or $81,481 at 6%; with 100% employer match about $91,667 at 4% or $61,111 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $2,108,020 | $22,000 | $7,333iApproximate average salary by contribution assumption: employee only about $183,333 at 4% or $122,222 at 6%; with 50% employer match about $122,222 at 4% or $81,481 at 6%; with 100% employer match about $91,667 at 4% or $61,111 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $203,040 | - | - |
| 2021 | 2 | 3 | $2,254,545 | $100,000 | $33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $2,054,609 | $100,000 | $33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $199,936 | - | - |
| 2020 | 2 | 3 | $2,154,350 | $395,000 | $131,667iApproximate average salary by contribution assumption: employee only about $3,291,667 at 4% or $2,194,444 at 6%; with 50% employer match about $2,194,444 at 4% or $1,462,963 at 6%; with 100% employer match about $1,645,833 at 4% or $1,097,222 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $1,954,431 | $347,500 | $115,833iApproximate average salary by contribution assumption: employee only about $2,895,833 at 4% or $1,930,556 at 6%; with 50% employer match about $1,930,556 at 4% or $1,287,037 at 6%; with 100% employer match about $1,447,917 at 4% or $965,278 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $199,919 | $47,500 | $15,833iApproximate average salary by contribution assumption: employee only about $395,833 at 4% or $263,889 at 6%; with 50% employer match about $263,889 at 4% or $175,926 at 6%; with 100% employer match about $197,917 at 4% or $131,944 at 6%. |
| 2019 | 2 | 3 | $1,751,991 | $145,000 | $48,333iApproximate average salary by contribution assumption: employee only about $1,208,333 at 4% or $805,556 at 6%; with 50% employer match about $805,556 at 4% or $537,037 at 6%; with 100% employer match about $604,167 at 4% or $402,778 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $1,600,256 | $145,000 | $48,333iApproximate average salary by contribution assumption: employee only about $1,208,333 at 4% or $805,556 at 6%; with 50% employer match about $805,556 at 4% or $537,037 at 6%; with 100% employer match about $604,167 at 4% or $402,778 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $151,735 | $0 | - |
| 2018 | 2 | 3 | $1,574,786 | $100,000 | $33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $1,426,233 | $100,000 | $33,333iApproximate average salary by contribution assumption: employee only about $833,333 at 4% or $555,556 at 6%; with 50% employer match about $555,556 at 4% or $370,370 at 6%; with 100% employer match about $416,667 at 4% or $277,778 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $148,553 | $0 | - |
| 2017 | 2 | 3 | $1,453,407 | $397,500 | $132,500iApproximate average salary by contribution assumption: employee only about $3,312,500 at 4% or $2,208,333 at 6%; with 50% employer match about $2,208,333 at 4% or $1,472,222 at 6%; with 100% employer match about $1,656,250 at 4% or $1,104,167 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $1,306,924 | $350,000 | $116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $146,483 | $47,500 | $15,833iApproximate average salary by contribution assumption: employee only about $395,833 at 4% or $263,889 at 6%; with 50% employer match about $263,889 at 4% or $175,926 at 6%; with 100% employer match about $197,917 at 4% or $131,944 at 6%. |
| 2016 | 2 | 3 | $1,049,384 | $377,500 | $125,833iApproximate average salary by contribution assumption: employee only about $3,145,833 at 4% or $2,097,222 at 6%; with 50% employer match about $2,097,222 at 4% or $1,398,148 at 6%; with 100% employer match about $1,572,917 at 4% or $1,048,611 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $950,966 | $330,000 | $110,000iApproximate average salary by contribution assumption: employee only about $2,750,000 at 4% or $1,833,333 at 6%; with 50% employer match about $1,833,333 at 4% or $1,222,222 at 6%; with 100% employer match about $1,375,000 at 4% or $916,667 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $98,418 | $47,500 | $15,833iApproximate average salary by contribution assumption: employee only about $395,833 at 4% or $263,889 at 6%; with 50% employer match about $263,889 at 4% or $175,926 at 6%; with 100% employer match about $197,917 at 4% or $131,944 at 6%. |
| 2015 | 2 | 3 | $670,297 | $355,283 | $118,428iApproximate average salary by contribution assumption: employee only about $2,960,692 at 4% or $1,973,794 at 6%; with 50% employer match about $1,973,794 at 4% or $1,315,863 at 6%; with 100% employer match about $1,480,346 at 4% or $986,897 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $619,563 | $350,000 | $116,667iApproximate average salary by contribution assumption: employee only about $2,916,667 at 4% or $1,944,444 at 6%; with 50% employer match about $1,944,444 at 4% or $1,296,296 at 6%; with 100% employer match about $1,458,333 at 4% or $972,222 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $50,734 | $5,283 | $1,761iApproximate average salary by contribution assumption: employee only about $44,025 at 4% or $29,350 at 6%; with 50% employer match about $29,350 at 4% or $19,567 at 6%; with 100% employer match about $22,013 at 4% or $14,675 at 6%. |
| 2014 | 2 | 3 | $314,903 | $314,903 | $104,968iApproximate average salary by contribution assumption: employee only about $2,624,192 at 4% or $1,749,461 at 6%; with 50% employer match about $1,749,461 at 4% or $1,166,307 at 6%; with 100% employer match about $1,312,096 at 4% or $874,731 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 3 | $269,468 | $269,468 | $89,823iApproximate average salary by contribution assumption: employee only about $2,245,567 at 4% or $1,497,044 at 6%; with 50% employer match about $1,497,044 at 4% or $998,030 at 6%; with 100% employer match about $1,122,783 at 4% or $748,522 at 6%. |
| The Phone Works Inc. Profit Sharing Plan | - | 3 | $45,435 | $45,435 | $15,145iApproximate average salary by contribution assumption: employee only about $378,625 at 4% or $252,417 at 6%; with 50% employer match about $252,417 at 4% or $168,278 at 6%; with 100% employer match about $189,313 at 4% or $126,208 at 6%. |
| 2005 | 1 | 18 | $0 | $0 | - |
| The Phone Works Inc.Defined Benefit Plan | - | 18 | - | - | - |
| 2004 | 1 | 17 | $83,593 | $11,822 | $695iApproximate average salary by contribution assumption: employee only about $17,385 at 4% or $11,590 at 6%; with 50% employer match about $11,590 at 4% or $7,727 at 6%; with 100% employer match about $8,693 at 4% or $5,795 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 17 | $83,593 | $11,822 | $695iApproximate average salary by contribution assumption: employee only about $17,385 at 4% or $11,590 at 6%; with 50% employer match about $11,590 at 4% or $7,727 at 6%; with 100% employer match about $8,693 at 4% or $5,795 at 6%. |
| 2003 | 1 | 20 | $81,910 | $18,162 | $908iApproximate average salary by contribution assumption: employee only about $22,703 at 4% or $15,135 at 6%; with 50% employer match about $15,135 at 4% or $10,090 at 6%; with 100% employer match about $11,351 at 4% or $7,568 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 20 | $81,910 | $18,162 | $908iApproximate average salary by contribution assumption: employee only about $22,703 at 4% or $15,135 at 6%; with 50% employer match about $15,135 at 4% or $10,090 at 6%; with 100% employer match about $11,351 at 4% or $7,568 at 6%. |
| 2001 | 1 | 13 | $0 | $0 | - |
| The Phone Works Inc.Defined Benefit Plan | - | 13 | - | - | - |
| 2000 | 1 | 16 | $30,991 | $24,408 | $1,526iApproximate average salary by contribution assumption: employee only about $38,138 at 4% or $25,425 at 6%; with 50% employer match about $25,425 at 4% or $16,950 at 6%; with 100% employer match about $19,069 at 4% or $12,713 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 16 | $30,991 | $24,408 | $1,526iApproximate average salary by contribution assumption: employee only about $38,138 at 4% or $25,425 at 6%; with 50% employer match about $25,425 at 4% or $16,950 at 6%; with 100% employer match about $19,069 at 4% or $12,713 at 6%. |
| 1999 | 1 | 23 | $14,293 | $13,213 | $574iApproximate average salary by contribution assumption: employee only about $14,362 at 4% or $9,575 at 6%; with 50% employer match about $9,575 at 4% or $6,383 at 6%; with 100% employer match about $7,181 at 4% or $4,787 at 6%. |
| The Phone Works Inc.Defined Benefit Plan | - | 23 | $14,293 | $13,213 | $574iApproximate average salary by contribution assumption: employee only about $14,362 at 4% or $9,575 at 6%; with 50% employer match about $9,575 at 4% or $6,383 at 6%; with 100% employer match about $7,181 at 4% or $4,787 at 6%. |