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Original filing (PDF)20251015152739NAL0002550787001
PHILIPS NORTH AMERICA LLC
Form 5500
FILING_RECEIVED
PHILIPS NORTH AMERICA 401(K) PLAN
401(k) retirement plan
Active participants
17,066
Accounts w/ balance
27,227
Plan assets (EOY)
$6.4B
Net assets (EOY)
$6.4B
How this plan invests
This plan
19 pooled trusts
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (2 bps vs 5 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for PHILIPS NORTH AMERICA LLC.
Plan sponsor
Name
PHILIPS NORTH AMERICA LLC
EIN
13-3429115
Address
222 JACOBS STREET, 3RD FLOOR · CAMBRIDGE, MA · 02141
Phone
(617) 245-5900
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
005
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
JOHNSON O'CONNOR FERON & CARUCCI LL
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSUR CO OF AMERICA | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $535K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | 26-0058143 | — | INVESTMENT ADVISOR | $520K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOHNSON O'CONNOR FERON & CARUCCI LL | 20-3985546 | — | ACCOUNTING | $39K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| DELOITTE TAX LLP | 86-1065772 | — | NONE | $10K | — |
Investments
8 direct securities · 19 pooled funds· $6.5B(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$5.6B
18 holdings
Uncategorized
$909.6M
8 holdings
Pooled Separate Account
$26.6M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FIDELITY GROWTH CO. COMMINGLED POOL FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 135 | Common Collective Trust | — | — | $1.1B | 17.1% | |
| VANGUARD INSTITUTIONAL 500 INDEX TR VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6327546 / PN 001 | Common Collective Trust | — | — | $1.0B | 16.2% | |
| VANGUARD TARGET RET 2035 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735965 / PN 001 | Common Collective Trust | — | — | $416.3M | 6.5% | |
| VANGUARD TARGET RET 2030 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735964 / PN 001 | Common Collective Trust | — | — | $375.8M | 5.9% | |
| VANGUARD TARGET RET 2040 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735971 / PN 001 | Common Collective Trust | — | — | $371.2M | 5.8% | |
| PRUDENTIAL CORE INT BOND FUND PRUDENTIAL TRUST CO. · EIN 23-6994310 / PN 214 | Common Collective Trust | — | — | $365.1M | 5.7% | |
| VANGUARD TARGET RET 2045 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735972 / PN 001 | Common Collective Trust | — | — | $343.1M | 5.4% | |
| VANGUARD TARGET RET 2025 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735963 / PN 001 | Common Collective Trust | — | — | $291.8M | 4.6% | |
| VANGUARD TARGET RET 2050 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735976 / PN 001 | Common Collective Trust | — | — | $261.4M | 4.1% | |
| Vanguard Small-Cap Index Fund Institutional Plus Shares Mutual fund n/a | — | — | — | $240.4M | 3.8% | |
| Vanguard Mid-Cap Index Fund Institutional Plus Shares Mutual fund n/a | — | — | — | $219.7M | 3.5% | |
| VANGUARD INST TTL BOND MKT INDEX TR VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6321044 / PN 001 | Common Collective Trust | — | — | $218.1M | 3.4% | |
| CT DIVIDEND INCOME FUND AMERIPRISE TRUST COMPANY · EIN 87-1854339 / PN 090 | Common Collective Trust | — | — | $212.6M | 3.3% | |
| Vanguard Total International Stock Index Institutional Select Common collective trust n/a | — | — | — | $167.3M | 2.6% | |
| VANGUARD INST INT STCK MRKT INDX TR VANGUARD FIDUCIARY TRUST COMPANY · EIN 81-6316167 / PN 001 | Common Collective Trust | — | — | $167.3M | 2.6% | |
| VANGUARD TARGET RET 2055 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735978 / PN 001 | Common Collective Trust | — | — | $155.7M | 2.4% | |
| MFS International Diversification Fund Class R6 Mutual fund n/a | — | — | — | $105.2M | 1.7% | |
| VANGUARD TARGET RET 2020 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735899 / PN 001 | Common Collective Trust | — | — | $102.8M | 1.6% | |
| VANGUARD TARGET RET INCOME TRUST VANGUARD FIDUCIARY TRUST COMPANY · EIN 90-0735883 / PN 001 | Common Collective Trust | — | — | $65.0M | 1.0% | |
| VANGUARD TARGET RET 2060 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 45-3799736 / PN 001 | Common Collective Trust | — | — | $63.6M | 1.0% | |
| BlackRock Total Return Fund Class K Shares Mutual fund n/a | — | — | — | $61.7M | 1.0% | |
| BLACKROCK MID-CAP GROWTH EQUITY FUN GREAT GRAY TRUST COMPANY · EIN 38-4139851 / PN 629 | Common Collective Trust | — | — | $42.5M | 0.7% | |
| Participant Loans Other varies 3.25% - 9.50% n/a -0- | — | — | — | $41.7M | 0.7% | |
| Victory Sycamore Established Value Fund Class R6 Mutual fund n/a | — | — | — | $38.1M | 0.6% | |
| Fidelity Small Cap Growth K6 Fund Mutual fund n/a | — | — | — | $35.5M | 0.6% | |
| SMALL CAP VALUE/VICTORY FUND EMPOWER ANNUITY INSURANCE COMPANY · EIN 06-1050034 / PN 701 | Pooled Separate Account | — | — | $26.6M | 0.4% | |
| VANGUARD TARGET RET 2065 TRUST PLUS VANGUARD FIDUCIARY TRUST COMPANY · EIN 82-6204383 / PN 001 | Common Collective Trust | — | — | $18.8M | 0.3% |