Direct Auction Services, LLC 401(K) Plan — Form 5500 plan (Direct Auction Services, LLC)
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, Direct Auction Services, LLC 401(K) Plan is a benefit plan reported by Direct Auction Services, LLC under EIN 26-4250602 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,532 participants and $3,407,644 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Direct Auction Services, LLC
- EIN
- 26-4250602
- Plan number
- 001
- Plan type
- 2
- Location
- Hendersonville, TN
- Latest filing year
- 2023
- Participants
- 2,532
- End-of-year plan assets
- $3,407,644
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,532 | H, C | 20251015081331NAL0004317521001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,407,644
- Total liabilities (EOY)
- $26,205
- Net assets (EOY)
- $3,381,439
- Net assets (BOY)
- $2,976,370
Income & contributions
- Employer contributions
- $63,909
- Participant contributions
- $103,437
- Total contributions
- $167,346
- Total income / additions
- $955,386
Expenses & distributions
- Benefits paid
- $424,476
- Administrative expenses
- $125,841
- Total expenses
- $550,317
- Net increase / (decrease)
- $405,069
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $70,842 | $0 | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $49,405 | $7 | 2023 |
| Cherry Bekaert Llp | AUDIT | $5,250 | not reported in the loaded dataset | 2023 |
| Arthur J Gallagher Risk Mgt Svs | INSURANCE COMPANY | $344 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Direct Auction Services, LLC
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Hendersonville, TN
- Transamerica Retirement Solutions, — Schedule C compensation
- Futureplan By Ascensus — Schedule C compensation
- Cherry Bekaert Llp — Schedule C compensation
- Arthur J Gallagher Risk Mgt Svs — Schedule C compensation