2023 Form 5500 filing — Distributing Services 401(K) 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 20250416072605NAL0009127522001) for Distributing Services 401(K) Plan, reported by Paladin Capital, Inc. under EIN 62-1377407 and plan number 001. It reports 1,942 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250416072605NAL0009127522001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Paladin Capital, Inc.
- EIN
- 62-1377407
- Plan number
- 001
- Location
- Nashville, TN
- Participants
- 1,942
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,662,818
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,662,818
- Employer contributions
- $595,593
- Participant contributions
- $2,352,518
- Total income / additions
- $6,421,399
- Benefits paid
- $8,124,600
- Administrative expenses
- $179,276
- Total expenses
- $8,339,422
- Net increase / (decrease)
- -$1,918,023
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $128,285 | $0 |
| Raymond James & Associates Inc | INVESTMENT ADVISORY | $29,991 | $9 |
| Access Retirement Services LLC | CONTRACT ADMINISTRATOR | $0 | $11,001 |