Digital Management, LLC 401(K) Plan — Form 5500 plan (Digital Management, 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, Digital Management, LLC 401(K) Plan is a benefit plan reported by Digital Management, LLC under EIN 68-0505254 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,613 participants and $178,086,207 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Digital Management, LLC
EIN
68-0505254
Plan number
001
Plan type
2
Location
Bethesda, MD
Latest filing year
2023
Participants
2,613
End-of-year plan assets
$178,086,207

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,613H, C20240829122243NAL0013530449001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$178,086,207
Total liabilities (EOY)
$0
Net assets (EOY)
$178,086,207
Net assets (BOY)
$141,656,696

Income & contributions

Employer contributions
$4,348,264
Participant contributions
$13,975,012
Total contributions
$21,082,002
Total income / additions
$47,300,192

Expenses & distributions

Benefits paid
$19,783,266
Administrative expenses
$294,634
Total expenses
$20,084,381
Net increase / (decrease)
$27,215,811

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$153,361$02023
Kestra Investment Services LLCADVISOR$80,000not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$44,273not reported in the loaded dataset2023
Assurance Dimension, Inc.ACCOUNTANT/AUDITOR$16,500not reported in the loaded dataset2023

Related Form 5500 pages