2023 Form 5500 filing — Direct Connect Logistix, 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 20241015082545NAL0027827281001) for Direct Connect Logistix, Inc. 401(K) Plan, reported by Direct Connect Logistix, Inc. under EIN 27-0850363 and plan number 001. It reports 298 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)$5.5MReported net assets$5,514,228
Participants298
Provider compensation$55.6K2 Schedule C row(s)$55,554
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015082545NAL0027827281001
- Plan sponsor
- Direct Connect Logistix, Inc.
- EIN
- 27-0850363
- Plan number
- 001
- Location
- Indianapolis, IN
- Received date
- not reported in the loaded dataset
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)$5.5M total assets
Net assets$5.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,514,228
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,514,228
- Employer contributions
- $335,013
- Participant contributions
- $1,113,451
- Total income / additions
- $2,294,767
- Benefits paid
- $1,265,199
- Administrative expenses
- $35,779
- Total expenses
- $1,300,978
- Net increase / (decrease)
- $993,789
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $33,452 | $0 |
| Shepherd Financial Investment Advis | INVESTMENT ADVISORY | $0 | $22,102 |