Drmp, Inc. 401(K) & Profit Sharing Plan — Form 5500 plan (Drmp, 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, Drmp, Inc. 401(K) & Profit Sharing Plan is a benefit plan reported by Drmp, Inc. under EIN 59-1791174 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,026 participants and $45,200,430 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Drmp, Inc.
EIN
59-1791174
Plan number
001
Plan type
2
Location
Orlando, FL
Latest filing year
2023
Participants
1,026
End-of-year plan assets
$45,200,430

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,026H, C20241015170536NAL0030439889001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$45,200,430
Total liabilities (EOY)
$221,208
Net assets (EOY)
$44,979,222
Net assets (BOY)
$37,383,415

Income & contributions

Employer contributions
$1,199,839
Participant contributions
$3,450,074
Total contributions
$5,029,301
Total income / additions
$13,222,361

Expenses & distributions

Benefits paid
$5,244,161
Administrative expenses
$161,185
Total expenses
$5,626,554
Net increase / (decrease)
$7,595,807

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Epic Retirement Plan ServicesNONE$89,164$02023
Withumsmith Brown, P.C.NONE$32,932not reported in the loaded dataset2023
Andco ConsultingNONE$22,000not reported in the loaded dataset2023
Fidelity InvestmentsNONE$14,423$02023

Related Form 5500 pages