Phillips Way Inc.
Plan context: The Contractors Retirement Plan
EIN 52-1847279 • Finksburg, MD • 16 filings • 2 plans
Current Snapshot
Latest Year
2025
2025 Participants
29
2025 Assets
$1,876,961
2025 Contributions
$310,338
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 |
|---|---|---|---|---|---|
| 2025 | 1 | 29 | $1,876,961 | $310,338 | $10,701iApproximate average salary by contribution assumption: employee only about $267,533 at 4% or $178,355 at 6%; with 50% employer match about $178,355 at 4% or $118,903 at 6%; with 100% employer match about $133,766 at 4% or $89,178 at 6%. |
| The Contractors Retirement Plan | - | 29 | $1,876,961 | $310,338 | $10,701iApproximate average salary by contribution assumption: employee only about $267,533 at 4% or $178,355 at 6%; with 50% employer match about $178,355 at 4% or $118,903 at 6%; with 100% employer match about $133,766 at 4% or $89,178 at 6%. |
| 2024 | 1 | 31 | $1,660,924 | $279,003 | $9,000iApproximate average salary by contribution assumption: employee only about $225,002 at 4% or $150,002 at 6%; with 50% employer match about $150,002 at 4% or $100,001 at 6%; with 100% employer match about $112,501 at 4% or $75,001 at 6%. |
| The Contractors Retirement Plan | - | 31 | $1,660,924 | $279,003 | $9,000iApproximate average salary by contribution assumption: employee only about $225,002 at 4% or $150,002 at 6%; with 50% employer match about $150,002 at 4% or $100,001 at 6%; with 100% employer match about $112,501 at 4% or $75,001 at 6%. |
| 2023 | 1 | 32 | $1,379,669 | $226,055 | $7,064iApproximate average salary by contribution assumption: employee only about $176,605 at 4% or $117,737 at 6%; with 50% employer match about $117,737 at 4% or $78,491 at 6%; with 100% employer match about $88,303 at 4% or $58,868 at 6%. |
| The Contractors Retirement Plan | - | 32 | $1,379,669 | $226,055 | $7,064iApproximate average salary by contribution assumption: employee only about $176,605 at 4% or $117,737 at 6%; with 50% employer match about $117,737 at 4% or $78,491 at 6%; with 100% employer match about $88,303 at 4% or $58,868 at 6%. |
| 2022 | 1 | 33 | $1,028,410 | $147,528 | $4,471iApproximate average salary by contribution assumption: employee only about $111,764 at 4% or $74,509 at 6%; with 50% employer match about $74,509 at 4% or $49,673 at 6%; with 100% employer match about $55,882 at 4% or $37,255 at 6%. |
| The Contractors Retirement Plan | - | 33 | $1,028,410 | $147,528 | $4,471iApproximate average salary by contribution assumption: employee only about $111,764 at 4% or $74,509 at 6%; with 50% employer match about $74,509 at 4% or $49,673 at 6%; with 100% employer match about $55,882 at 4% or $37,255 at 6%. |
| 2021 | 1 | 35 | $1,279,194 | $234,054 | $6,687iApproximate average salary by contribution assumption: employee only about $167,181 at 4% or $111,454 at 6%; with 50% employer match about $111,454 at 4% or $74,303 at 6%; with 100% employer match about $83,591 at 4% or $55,727 at 6%. |
| The Contractors Retirement Plan | - | 35 | $1,279,194 | $234,054 | $6,687iApproximate average salary by contribution assumption: employee only about $167,181 at 4% or $111,454 at 6%; with 50% employer match about $111,454 at 4% or $74,303 at 6%; with 100% employer match about $83,591 at 4% or $55,727 at 6%. |
| 2020 | 1 | 37 | $1,160,157 | $322,207 | $8,708iApproximate average salary by contribution assumption: employee only about $217,707 at 4% or $145,138 at 6%; with 50% employer match about $145,138 at 4% or $96,759 at 6%; with 100% employer match about $108,854 at 4% or $72,569 at 6%. |
| The Contractors Retirement Plan | - | 37 | $1,160,157 | $322,207 | $8,708iApproximate average salary by contribution assumption: employee only about $217,707 at 4% or $145,138 at 6%; with 50% employer match about $145,138 at 4% or $96,759 at 6%; with 100% employer match about $108,854 at 4% or $72,569 at 6%. |
| 2019 | 1 | 41 | $779,914 | $310,167 | $7,565iApproximate average salary by contribution assumption: employee only about $189,126 at 4% or $126,084 at 6%; with 50% employer match about $126,084 at 4% or $84,056 at 6%; with 100% employer match about $94,563 at 4% or $63,042 at 6%. |
| The Contractors Retirement Plan | - | 41 | $779,914 | $310,167 | $7,565iApproximate average salary by contribution assumption: employee only about $189,126 at 4% or $126,084 at 6%; with 50% employer match about $126,084 at 4% or $84,056 at 6%; with 100% employer match about $94,563 at 4% or $63,042 at 6%. |
| 2018 | 1 | 36 | $568,931 | $120,257 | $3,340iApproximate average salary by contribution assumption: employee only about $83,512 at 4% or $55,675 at 6%; with 50% employer match about $55,675 at 4% or $37,116 at 6%; with 100% employer match about $41,756 at 4% or $27,837 at 6%. |
| The Contractors Retirement Plan | - | 36 | $568,931 | $120,257 | $3,340iApproximate average salary by contribution assumption: employee only about $83,512 at 4% or $55,675 at 6%; with 50% employer match about $55,675 at 4% or $37,116 at 6%; with 100% employer match about $41,756 at 4% or $27,837 at 6%. |
| 2017 | 1 | 37 | $633,837 | $185,066 | $5,002iApproximate average salary by contribution assumption: employee only about $125,045 at 4% or $83,363 at 6%; with 50% employer match about $83,363 at 4% or $55,575 at 6%; with 100% employer match about $62,522 at 4% or $41,682 at 6%. |
| The Contractors Retirement Plan | - | 37 | $633,837 | $185,066 | $5,002iApproximate average salary by contribution assumption: employee only about $125,045 at 4% or $83,363 at 6%; with 50% employer match about $83,363 at 4% or $55,575 at 6%; with 100% employer match about $62,522 at 4% or $41,682 at 6%. |
| 2016 | 1 | 35 | $553,182 | $146,253 | $4,179iApproximate average salary by contribution assumption: employee only about $104,466 at 4% or $69,644 at 6%; with 50% employer match about $69,644 at 4% or $46,430 at 6%; with 100% employer match about $52,233 at 4% or $34,822 at 6%. |
| The Contractors Retirement Plan | - | 35 | $553,182 | $146,253 | $4,179iApproximate average salary by contribution assumption: employee only about $104,466 at 4% or $69,644 at 6%; with 50% employer match about $69,644 at 4% or $46,430 at 6%; with 100% employer match about $52,233 at 4% or $34,822 at 6%. |
| 2015 | 1 | 35 | $543,911 | $207,703 | $5,934iApproximate average salary by contribution assumption: employee only about $148,359 at 4% or $98,906 at 6%; with 50% employer match about $98,906 at 4% or $65,937 at 6%; with 100% employer match about $74,180 at 4% or $49,453 at 6%. |
| The Contractors Retirement Plan | - | 35 | $543,911 | $207,703 | $5,934iApproximate average salary by contribution assumption: employee only about $148,359 at 4% or $98,906 at 6%; with 50% employer match about $98,906 at 4% or $65,937 at 6%; with 100% employer match about $74,180 at 4% or $49,453 at 6%. |
| 2014 | 1 | 27 | $468,633 | $490,784 | $18,177iApproximate average salary by contribution assumption: employee only about $454,430 at 4% or $302,953 at 6%; with 50% employer match about $302,953 at 4% or $201,969 at 6%; with 100% employer match about $227,215 at 4% or $151,477 at 6%. |
| The Contractors Retirement Plan | - | 27 | $468,633 | $490,784 | $18,177iApproximate average salary by contribution assumption: employee only about $454,430 at 4% or $302,953 at 6%; with 50% employer match about $302,953 at 4% or $201,969 at 6%; with 100% employer match about $227,215 at 4% or $151,477 at 6%. |
| 2013 | 1 | 25 | $260,384 | $130,548 | $5,222iApproximate average salary by contribution assumption: employee only about $130,548 at 4% or $87,032 at 6%; with 50% employer match about $87,032 at 4% or $58,021 at 6%; with 100% employer match about $65,274 at 4% or $43,516 at 6%. |
| The Contractors Retirement Plan | - | 25 | $260,384 | $130,548 | $5,222iApproximate average salary by contribution assumption: employee only about $130,548 at 4% or $87,032 at 6%; with 50% employer match about $87,032 at 4% or $58,021 at 6%; with 100% employer match about $65,274 at 4% or $43,516 at 6%. |
| 2012 | 1 | 22 | $219,283 | $154,274 | $7,012iApproximate average salary by contribution assumption: employee only about $175,311 at 4% or $116,874 at 6%; with 50% employer match about $116,874 at 4% or $77,916 at 6%; with 100% employer match about $87,656 at 4% or $58,437 at 6%. |
| The Contractors Retirement Plan | - | 22 | $219,283 | $154,274 | $7,012iApproximate average salary by contribution assumption: employee only about $175,311 at 4% or $116,874 at 6%; with 50% employer match about $116,874 at 4% or $77,916 at 6%; with 100% employer match about $87,656 at 4% or $58,437 at 6%. |
| 2011 | 1 | 23 | $178,908 | $338,938 | $14,736iApproximate average salary by contribution assumption: employee only about $368,411 at 4% or $245,607 at 6%; with 50% employer match about $245,607 at 4% or $163,738 at 6%; with 100% employer match about $184,205 at 4% or $122,804 at 6%. |
| The Contractors Retirement Plan | - | 23 | $178,908 | $338,938 | $14,736iApproximate average salary by contribution assumption: employee only about $368,411 at 4% or $245,607 at 6%; with 50% employer match about $245,607 at 4% or $163,738 at 6%; with 100% employer match about $184,205 at 4% or $122,804 at 6%. |
| 2010 | 1 | 24 | $97,468 | $205,970 | $8,582iApproximate average salary by contribution assumption: employee only about $214,552 at 4% or $143,035 at 6%; with 50% employer match about $143,035 at 4% or $95,356 at 6%; with 100% employer match about $107,276 at 4% or $71,517 at 6%. |
| The Contractors Retirement Plan | - | 24 | $97,468 | $205,970 | $8,582iApproximate average salary by contribution assumption: employee only about $214,552 at 4% or $143,035 at 6%; with 50% employer match about $143,035 at 4% or $95,356 at 6%; with 100% employer match about $107,276 at 4% or $71,517 at 6%. |