Direct Mail Of Maine Inc 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Direct Mail Of Maine 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, Direct Mail Of Maine Inc 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Direct Mail Of Maine Inc. under EIN 01-0426462 and plan number 001. The latest loaded filing year is 2023. The filing reports 138 participants and $3,265,534 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.3MPlan net assets, end of year$3,265,534
Participants138Covered participants reported
Assets / participant$23.7KComputed: assets ÷ participants$23,663 (computed)
Provider compensation$17.2K2 Schedule C provider row(s)$17,180
Plan sponsor
Direct Mail Of Maine Inc.
EIN
01-0426462
Plan number
001
Plan type
2
Location
Scarborough, ME
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023138H, C20241015180811NAL0030583217001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities$0
Money in vs. money out
Total income / additions$998.9K
Total expenses$500.2K
Benefits paid / distributions$481.1K
Contributions
Employer$168.1K
Participant$312.9K
Full reported line items

Net assets

Total assets (EOY)
$3,265,534
Total liabilities (EOY)
$0
Net assets (EOY)
$3,265,534
Net assets (BOY)
$2,766,769

Income & contributions

Employer contributions
$168,119
Participant contributions
$312,876
Total contributions
$541,521
Total income / additions
$998,936

Expenses & distributions

Benefits paid
$481,134
Administrative expenses
$17,181
Total expenses
$500,171
Net increase / (decrease)
$498,765
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$9,757$02023
Afg Fiduciary Services LpINVESTMENT/FINANCIAL ADVI$7,423$02023

Related Form 5500 pages