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 Connect Logistix, Inc. 401(K) Plan is a benefit plan reported by Direct Connect Logistix, Inc. under EIN 27-0850363 and plan number 001. The latest loaded filing year is 2023. The filing reports 298 participants and $5,514,228 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,514,228
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,514,228
- Net assets (BOY)
- $4,520,439
Income & contributions
- Employer contributions
- $335,013
- Participant contributions
- $1,113,451
- Total contributions
- $1,489,903
- Total income / additions
- $2,294,767
Expenses & distributions
- Benefits paid
- $1,265,199
- Administrative expenses
- $35,779
- Total expenses
- $1,300,978
- Net increase / (decrease)
- $993,789