2023 Form 5500 filing — Direct Technology 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 20241007142621NAL0007675203007) for Direct Technology 401(K) Profit Sharing Plan, reported by Directapps, Inc. Dba Direct Technology under EIN 68-0368956 and plan number 002. It reports 789 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007142621NAL0007675203007
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Directapps, Inc. Dba Direct Technology
- EIN
- 68-0368956
- Plan number
- 002
- Location
- Roseville, CA
- Participants
- 789
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $0
- Participant contributions
- $448,752
- Total income / additions
- $3,035,943
- Benefits paid
- $3,618,918
- Administrative expenses
- $88,460
- Total expenses
- $3,707,378
- Net increase / (decrease)
- -$671,435
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $40,232 | $0 |
| Bensler LLC Dba Scs | INVESTMENT ADVISORY | $33,975 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,575 | not reported in the loaded dataset |
| Hunnex And Shoemaker Inc | CONTRACT ADMINISTRATION | $6,511 | not reported in the loaded dataset |