Dese Research, Inc. Profit Sharing Plan — Form 5500 plan (Dese Research, 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, Dese Research, Inc. Profit Sharing Plan is a benefit plan reported by Dese Research, Inc. under EIN 63-0834024 and plan number 001. The latest loaded filing year is 2023. The filing reports 267 participants and $69,630,048 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$69.6MPlan net assets, end of year$69,630,048
Participants267Covered participants reported
Assets / participant$260.8KComputed: assets ÷ participants$260,787 (computed)
Provider compensation$79.6K5 Schedule C provider row(s)$79,591
Plan sponsor
Dese Research, Inc.
EIN
63-0834024
Plan number
001
Plan type
2
Location
Huntsville, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023267H, C20240918123827NAL0009542562001
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)$69.6M total assets
Net assets$69.6MLiabilities$0
Money in vs. money out
Total income / additions$15.6M
Total expenses$3.5M
Benefits paid / distributions$3.5M
Contributions
Employer$2.9M
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$69,630,048
Total liabilities (EOY)
$0
Net assets (EOY)
$69,630,048
Net assets (BOY)
$57,556,216

Income & contributions

Employer contributions
$2,889,552
Participant contributions
$1,316,490
Total contributions
$4,337,460
Total income / additions
$15,619,977

Expenses & distributions

Benefits paid
$3,456,793
Administrative expenses
$79,591
Total expenses
$3,546,145
Net increase / (decrease)
$12,073,832

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Regions Bank Dba Regions TrustINVESTMENT/FINANCIAL ADVI$50,000$02023
Adp, Inc.RECORD KEEPER$29,591$02023
Adp Broker-DealerRECORD KEEPER$0$02023
Charles Schwab & Co, Inc.INVESTMENT MANAGER$0$02023
Td Ameritrade, Inc.SECURITES BROKER$0$02023

Related Form 5500 pages