2023 Form 5500 filing — Digging & Rigging 401(K) Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240727091655NAL0010919555001) for Digging & Rigging 401(K) Profit Sharing Plan, reported by Digging & Rigging, Inc. under EIN 52-1210282 and plan number 002. It reports 242 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240727091655NAL0010919555001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Digging & Rigging, Inc.
- EIN
- 52-1210282
- Plan number
- 002
- Location
- Mount Airy, MD
- Participants
- 242
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,026,113
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,026,113
- Employer contributions
- $389,783
- Participant contributions
- $1,094,417
- Total income / additions
- $3,147,164
- Benefits paid
- $794,338
- Administrative expenses
- $99,115
- Total expenses
- $893,453
- Net increase / (decrease)
- $2,253,711
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners, LLC | INVESTMENT ADVISOR | $55,385 | $0 |
| John Hancock Life Insurance Company | RECORDKEEPER | $32,625 | $0 |
| Duncan Accounting & Tax Services | NONE | $5,444 | $0 |