Discovery Builders, Inc. 401 K Plan — Form 5500 plan (Discovery Builders, 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, Discovery Builders, Inc. 401 K Plan is a benefit plan reported by Discovery Builders, Inc. under EIN 68-0406953 and plan number 002. The latest loaded filing year is 2023. The filing reports 158 participants and $11,179,585 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$11.2MPlan net assets, end of year$11,179,585
Participants158Covered participants reported
Assets / participant$70.8KComputed: assets ÷ participants$70,757 (computed)
Provider compensation$55.6K2 Schedule C provider row(s)$55,551
- Plan sponsor
- Discovery Builders, Inc.
- EIN
- 68-0406953
- Plan number
- 002
- Plan type
- 2
- Location
- Alamo, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 158 | H, C | 20241015151355NAL0014935139001 |
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)$11.2M total assets
Net assets$11.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $11,179,585
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,179,585
- Net assets (BOY)
- $9,039,898
Income & contributions
- Employer contributions
- $37,559
- Participant contributions
- $909,360
- Total contributions
- $1,136,654
- Total income / additions
- $2,585,967
Expenses & distributions
- Benefits paid
- $390,729
- Administrative expenses
- $55,551
- Total expenses
- $446,280
- Net increase / (decrease)
- $2,139,687
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.
96%
Employer 4%Participant 96%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement Plan Servic | RETAINED BY EMPLOYER | $55,551 | $0 | 2023 |
| Ameriprise Financial Services, Inc. | RETAINED BY EMPLOYER | $0 | $0 | 2023 |