2023 Form 5500 filing — Design Foundry, LLC 401(K) Profit Sharing 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 20241005121442NAL0021798240001) for Design Foundry, LLC 401(K) Profit Sharing Plan, reported by Design Foundry, LLC under EIN 83-0987394 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241005121442NAL0021798240001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Design Foundry, LLC
- EIN
- 83-0987394
- Plan number
- 001
- Location
- Hickory, NC
- Participants
- 280
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,893,557
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,893,557
- Employer contributions
- $253,479
- Participant contributions
- $419,146
- Total income / additions
- $1,077,719
- Benefits paid
- $76,311
- Administrative expenses
- $25,931
- Total expenses
- $102,242
- Net increase / (decrease)
- $975,477
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Ins. Co. (Usa) | CONTRACT ADMINISTRATOR | $24,302 | not reported in the loaded dataset |
| Corporate Plans & Services, Inc. | THIRD PRTY ADMINISTRATOR | $1,350 | not reported in the loaded dataset |
| Wilshire Associates, Inc. (Usa) | RIA | $279 | not reported in the loaded dataset |