American Direct Procurement, LLC Salary Savings Plan — Form 5500 plan (American Direct Procurement, LLC)
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, American Direct Procurement, LLC Salary Savings Plan is a benefit plan reported by American Direct Procurement, LLC under EIN 48-1111909 and plan number 001. The latest loaded filing year is 2023. The filing reports 289 participants and $11,536,948 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.5MPlan net assets, end of year$11,536,948
Participants289Covered participants reported
Assets / participant$39.9KComputed: assets ÷ participants$39,920 (computed)
Provider compensation$41.6K2 Schedule C provider row(s)$41,649
- Plan sponsor
- American Direct Procurement, LLC
- EIN
- 48-1111909
- Plan number
- 001
- Plan type
- 2
- Location
- Lenexa, KS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 289 | H, C | 20241010134620NAL0011521171001 |
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)$11.5M total assets
Net assets$11.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,536,948
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,536,948
- Net assets (BOY)
- $9,614,259
Income & contributions
- Employer contributions
- $256,782
- Participant contributions
- $978,409
- Total contributions
- $1,420,380
- Total income / additions
- $3,043,891
Expenses & distributions
- Benefits paid
- $1,053,376
- Administrative expenses
- $49,406
- Total expenses
- $1,121,202
- Net increase / (decrease)
- $1,922,689
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.
21%79%
Employer 21%Participant 79%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Workplace Services LLC | PLAN ADMINISTRATOR | $31,044 | $0 | 2023 |
| First Interstate Bank Of Commerce | ADVISOR | $10,605 | not reported in the loaded dataset | 2023 |