Digging & Rigging 401(K) Profit Sharing Plan — Form 5500 plan (Digging & Rigging, 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, Digging & Rigging 401(K) Profit Sharing Plan is a benefit plan reported by Digging & Rigging, Inc. under EIN 52-1210282 and plan number 002. The latest loaded filing year is 2023. The filing reports 242 participants and $11,026,113 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Digging & Rigging, Inc.
- EIN
- 52-1210282
- Plan number
- 002
- Plan type
- 2
- Location
- Mount Airy, MD
- Latest filing year
- 2023
- Participants
- 242
- End-of-year plan assets
- $11,026,113
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 242 | H, C | 20240727091655NAL0010919555001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,026,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,026,113
- Net assets (BOY)
- $8,772,402
Income & contributions
- Employer contributions
- $389,783
- Participant contributions
- $1,094,417
- Total contributions
- $1,486,423
- Total income / additions
- $3,147,164
Expenses & distributions
- Benefits paid
- $794,338
- Administrative expenses
- $99,115
- Total expenses
- $893,453
- Net increase / (decrease)
- $2,253,711
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners, LLC | INVESTMENT ADVISOR | $55,385 | $0 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $32,625 | $0 | 2023 |
| Duncan Accounting & Tax Services | NONE | $5,444 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Digging & Rigging, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Mount Airy, MD
- Global Retirement Partners, LLC — Schedule C compensation
- John Hancock Life Insurance Company — Schedule C compensation
- Duncan Accounting & Tax Services — Schedule C compensation