Daymark 401(K) Plan — Form 5500 plan (Daymark Recovery Services, 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, Daymark 401(K) Plan is a benefit plan reported by Daymark Recovery Services, Inc. under EIN 02-0707661 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,024 participants and $18,391,752 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Daymark Recovery Services, Inc.
EIN
02-0707661
Plan number
001
Plan type
2
Location
Salisbury, NC
Latest filing year
2023
Participants
1,024
End-of-year plan assets
$18,391,752

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,024H, C20240725073827NAL0013739281001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,391,752
Total liabilities (EOY)
$65,797
Net assets (EOY)
$18,325,955
Net assets (BOY)
$14,684,219

Income & contributions

Employer contributions
$392,672
Participant contributions
$1,806,426
Total contributions
$2,449,022
Total income / additions
$5,040,390

Expenses & distributions

Benefits paid
$1,272,305
Administrative expenses
$126,349
Total expenses
$1,398,654
Net increase / (decrease)
$3,641,736

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Citizens Bank & Trust CompanyADMIN$126,349not reported in the loaded dataset2023

Related Form 5500 pages