Designer Greetings Inc. 401k Plan — Form 5500 plan (Designer Greetings Inc)

Plain-English plan 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, Designer Greetings Inc. 401k Plan is a benefit plan reported by Designer Greetings Inc under EIN 13-3117629 and plan number 001. The latest loaded filing year is 2023. The filing reports 234 participants and $7,722,793 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.7MPlan net assets, end of year$7,722,793
Participants234Covered participants reported
Assets / participant$33KComputed: assets ÷ participants$33,003 (computed)
Provider compensation$34.7K4 Schedule C provider row(s)$34,713
Plan sponsor
Designer Greetings Inc
EIN
13-3117629
Plan number
001
Plan type
2
Location
Edison, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023234H, C20240717152738NAL0007678096001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.7M total assets
Net assets$7.7MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$228.6K
Benefits paid / distributions$189.7K
Contributions
Employer$37.6K
Participant$511.7K
Full reported line items

Net assets

Total assets (EOY)
$7,722,793
Total liabilities (EOY)
$0
Net assets (EOY)
$7,722,793
Net assets (BOY)
$6,278,438

Income & contributions

Employer contributions
$37,564
Participant contributions
$511,721
Total contributions
$549,285
Total income / additions
$1,672,958

Expenses & distributions

Benefits paid
$189,660
Administrative expenses
$34,714
Total expenses
$228,603
Net increase / (decrease)
$1,444,355
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 7%Participant 93%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income11%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principled Advisors, Inc.NONE$25,384not reported in the loaded dataset2023
Principled Advisors, Inc.NONE$7,754not reported in the loaded dataset2023
Adp, Inc.NONE$1,575$02023
Adp Broker-DealerNONE$0$02023

Related Form 5500 pages