Datadirect Networks, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Datadirect Networks, 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, Datadirect Networks, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Datadirect Networks, Inc. under EIN 95-4164579 and plan number 001. The latest loaded filing year is 2023. The filing reports 596 participants and $57,284,492 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Datadirect Networks, Inc.
EIN
95-4164579
Plan number
001
Plan type
2
Location
Chatsworth, CA
Latest filing year
2023
Participants
596
End-of-year plan assets
$57,284,492

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023596H, C20240816163342NAL0014831281001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$57,284,492
Total liabilities (EOY)
$0
Net assets (EOY)
$57,284,492
Net assets (BOY)
$47,121,894

Income & contributions

Employer contributions
$1,017,671
Participant contributions
$5,091,148
Total contributions
$6,523,417
Total income / additions
$15,752,889

Expenses & distributions

Benefits paid
$5,489,153
Administrative expenses
$95,976
Total expenses
$5,590,291
Net increase / (decrease)
$10,162,598

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$53,567$02023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$29,657$1,2982023
Pension Assurance LlpACCOUNTANT$12,750$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages