Plan5500

Discovery Builders, Inc. 401 K Plan — Form 5500 plan (Discovery Builders, 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, Discovery Builders, Inc. 401 K Plan is a benefit plan reported by Discovery Builders, Inc. under EIN 68-0406953 and plan number 002. The latest loaded filing year is 2023. The filing reports 158 participants and $11,179,585 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Discovery Builders, Inc.
EIN
68-0406953
Plan number
002
Plan type
2
Location
Alamo, CA
Latest filing year
2023
Participants
158
End-of-year plan assets
$11,179,585

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023158H, C20241015151355NAL0014935139001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,179,585
Total liabilities (EOY)
$0
Net assets (EOY)
$11,179,585
Net assets (BOY)
$9,039,898

Income & contributions

Employer contributions
$37,559
Participant contributions
$909,360
Total contributions
$1,136,654
Total income / additions
$2,585,967

Expenses & distributions

Benefits paid
$390,729
Administrative expenses
$55,551
Total expenses
$446,280
Net increase / (decrease)
$2,139,687

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan ServicRETAINED BY EMPLOYER$55,551$02023
Ameriprise Financial Services, Inc.RETAINED BY EMPLOYER$0$02023

Related Form 5500 pages