2023 Form 5500 filing — Direct Auction Services, LLC 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 20251015081331NAL0004317521001) for Direct Auction Services, LLC 401(K) Plan, reported by Direct Auction Services, LLC under EIN 26-4250602 and plan number 001. It reports 2,532 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251015081331NAL0004317521001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Direct Auction Services, LLC
- EIN
- 26-4250602
- Plan number
- 001
- Location
- Hendersonville, TN
- Participants
- 2,532
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,407,644
- Total liabilities (EOY)
- $26,205
- Net assets (EOY)
- $3,381,439
- Employer contributions
- $63,909
- Participant contributions
- $103,437
- Total income / additions
- $955,386
- Benefits paid
- $424,476
- Administrative expenses
- $125,841
- Total expenses
- $550,317
- Net increase / (decrease)
- $405,069
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $70,842 | $0 |
| Futureplan By Ascensus | RECORDKEEPER | $49,405 | $7 |
| Cherry Bekaert Llp | AUDIT | $5,250 | not reported in the loaded dataset |
| Arthur J Gallagher Risk Mgt Svs | INSURANCE COMPANY | $344 | not reported in the loaded dataset |