Danforth Advisors 401(K) Profit Sharing Plan — Form 5500 plan (Danforth Advisors, 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, Danforth Advisors 401(K) Profit Sharing Plan is a benefit plan reported by Danforth Advisors, LLC under EIN 45-3326309 and plan number 001. The latest loaded filing year is 2023. The filing reports 220 participants and $10,366,401 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Danforth Advisors, LLC
EIN
45-3326309
Plan number
001
Plan type
2
Location
Southborough, MA
Latest filing year
2023
Participants
220
End-of-year plan assets
$10,366,401

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20241011125308NAL0022778945001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,366,401
Total liabilities (EOY)
$0
Net assets (EOY)
$10,366,401
Net assets (BOY)
$6,921,403

Income & contributions

Participant contributions
$2,596,641
Total contributions
$2,845,030
Total income / additions
$4,222,968

Expenses & distributions

Benefits paid
$766,714
Administrative expenses
$1,115
Total expenses
$777,970
Net increase / (decrease)
$3,444,998

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$1,115$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages