2023 Form 5500 filing — Design Collective, Inc. Employee Stock Ownership Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240927100420NAL0000965507001) for Design Collective, Inc. Employee Stock Ownership Plan, reported by Design Collective, Inc. under EIN 52-1158977 and plan number 002. It reports 144 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240927100420NAL0000965507001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Design Collective, Inc.
- EIN
- 52-1158977
- Plan number
- 002
- Location
- Baltimore, MD
- Participants
- 144
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,518,148
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,518,148
- Total income / additions
- -$314,025
- Benefits paid
- $699,607
- Administrative expenses
- $37,195
- Total expenses
- $736,802
- Net increase / (decrease)
- -$1,050,827
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Esop Fiduciaries | NONE | $24,319 | not reported in the loaded dataset |
| Menke & Associates | NONE | $12,808 | not reported in the loaded dataset |