Plan5500

Design Collective, Inc. Employee Stock Ownership Plan — Form 5500 plan (Design Collective, 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, Design Collective, Inc. Employee Stock Ownership Plan is a benefit plan reported by Design Collective, Inc. under EIN 52-1158977 and plan number 002. The latest loaded filing year is 2023. The filing reports 144 participants and $6,518,148 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Design Collective, Inc.
EIN
52-1158977
Plan number
002
Plan type
2
Location
Baltimore, MD
Latest filing year
2023
Participants
144
End-of-year plan assets
$6,518,148

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023144H, C20240927100420NAL0000965507001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,518,148
Total liabilities (EOY)
$0
Net assets (EOY)
$6,518,148
Net assets (BOY)
$7,568,975

Income & contributions

Total contributions
$0
Total income / additions
-$314,025

Expenses & distributions

Benefits paid
$699,607
Administrative expenses
$37,195
Total expenses
$736,802
Net increase / (decrease)
-$1,050,827

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Esop FiduciariesNONE$24,319not reported in the loaded dataset2023
Menke & AssociatesNONE$12,808not reported in the loaded dataset2023

Related Form 5500 pages