Digital Monitoring Products, Inc. Employees 401k Plan — Form 5500 plan (Digital Monitoring Products, 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, Digital Monitoring Products, Inc. Employees 401k Plan is a benefit plan reported by Digital Monitoring Products, Inc. under EIN 43-1199089 and plan number 001. The latest loaded filing year is 2023. The filing reports 508 participants and $17,247,682 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.2MPlan net assets, end of year$17,247,682
Participants508Covered participants reported
Assets / participant$34KComputed: assets ÷ participants$33,952 (computed)
Provider compensation$56.1K3 Schedule C provider row(s)$56,070
Plan sponsor
Digital Monitoring Products, Inc.
EIN
43-1199089
Plan number
001
Plan type
2
Location
Springfield, MO
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023508H, C20240927110009NAL0001971873001
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)$17.2M total assets
Net assets$17.2MLiabilities$0
Money in vs. money out
Total income / additions$4.6M
Total expenses$1.3M
Benefits paid / distributions$1.3M
Contributions
Employer$739.4K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$17,247,682
Total liabilities (EOY)
$0
Net assets (EOY)
$17,247,682
Net assets (BOY)
$13,963,602

Income & contributions

Employer contributions
$739,388
Participant contributions
$1,528,707
Total contributions
$2,499,929
Total income / additions
$4,609,580

Expenses & distributions

Benefits paid
$1,253,370
Administrative expenses
$47,229
Total expenses
$1,325,500
Net increase / (decrease)
$3,284,080

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Employee Fiduciary, LLCRECORD KEEPER$22,479$8,8412023
Pinnacle Family AdvisorsFINANCIAL ADVISOR$13,500not reported in the loaded dataset2023
Abacus Cpas, LLCAUDITOR$11,250not reported in the loaded dataset2023

Related Form 5500 pages