2023 Form 5500 filing — Database Solutions, Inc. 401(K) 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 20240803142832NAL0026227521001) for Database Solutions, Inc. 401(K) Plan, reported by Database Solutions, Inc. under EIN 23-2138706 and plan number 001. It reports 27 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.3MReported net assets$8,347,982
Participants27
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240803142832NAL0026227521001
Plan sponsor
Database Solutions, Inc.
EIN
23-2138706
Plan number
001
Location
Sicklerville, NJ
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$1.9M
Benefits paid / distributions$1.9M
Contributions
Employer$0
Participant$297.4K
Full reported line items
Total assets (EOY)
$8,347,982
Total liabilities (EOY)
$0
Net assets (EOY)
$8,347,982
Employer contributions
$0
Participant contributions
$297,403
Total income / additions
$1,855,257
Benefits paid
$1,895,715
Administrative expenses
$1,197
Total expenses
$1,896,912
Net increase / (decrease)
-$41,655

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240803142832NAL0026227521001 cover?
It is the 2023 Form 5500 filing for Database Solutions, Inc. 401(K) Plan, reported by Database Solutions, Inc. (EIN 23-2138706).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages