2023 Form 5500 filing — Design Systems, Inc. Profit-Sharing And Retirement Savings 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 20241010120734NAL0035642208001) for Design Systems, Inc. Profit-Sharing And Retirement Savings Plan, reported by Design Systems, Inc. under EIN 38-2473709 and plan number 002. It reports 175 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$35.9MReported net assets$35,885,280
Participants175
Provider compensation$71.1K3 Schedule C row(s)$71,067
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010120734NAL0035642208001
Plan sponsor
Design Systems, Inc.
EIN
38-2473709
Plan number
002
Location
Farmington Hills, MI
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 H · 2023

Reported financial snapshot

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

Reported balance (end of year)$35.9M total assets
Net assets$35.9MLiabilities$0
Money in vs. money out
Total income / additions$6.3M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$400K
Participant$1.3M
Full reported line items
Total assets (EOY)
$35,885,280
Total liabilities (EOY)
$0
Net assets (EOY)
$35,885,280
Employer contributions
$400,000
Participant contributions
$1,269,955
Total income / additions
$6,297,290
Benefits paid
$1,736,198
Administrative expenses
$71,066
Total expenses
$1,807,264
Net increase / (decrease)
$4,490,026
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $32K · Indirect $0
  2. 2
    NONE · Direct $20.1K
  3. 3
    NONE · Direct $19K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010120734NAL0035642208001 cover?
It is the 2023 Form 5500 filing for Design Systems, Inc. Profit-Sharing And Retirement Savings Plan, reported by Design Systems, Inc. (EIN 38-2473709).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages