1st Phorm International 401(k) match, vesting and fees
What 1st Phorm International's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Armanino, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| 1st Phorm International: employer contribution per participant | $3,139 | |
| Peer median | $1,216 |
| 1st Phorm International: average balance | $24,014 | |
| Peer median | $50,590 |
| 1st Phorm International: admin expenses ÷ assets | 0.86% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $1.3M at the end of plan year 2022 to $5.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 353 | $5.4M | $700K | $3,139 | 0.86% | Not published | Form 5500 ↗ |
| 2023 | 334 | $3.2M | $648K | $3,223 | 0.96% | Not published | Form 5500 ↗ |
| 2022 | 328 | $1.3M | $496K | $2,572 | 1.52% | Not published | Form 5500 ↗ |
Common questions
Does 1st Phorm International match 401(k) contributions?
The match terms for the 1st Phorm 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $700K in employer contributions, about $3,139 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the 1st Phorm International 401(k) match vested?
The vesting schedule for the 1st Phorm 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the 1st Phorm International 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is 1st Phorm International, LLC.
I left 1st Phorm International. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (1st Phorm International, LLC, (800) 409-9732) or the recordkeeper, John Hancock Life Insurance Company. The 1st Phorm International old 401(k) page lists the contacts from every plan filing. Find an old 1st Phorm International 401(k)
Data from the public Form 5500 annual reports 1st Phorm International filed with the U.S. Department of Labor (plan years 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with 1st Phorm International. Not financial advice. Report a correction · Methodology