Design Foundry, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Design Foundry, 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, Design Foundry, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Design Foundry, LLC under EIN 83-0987394 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $1,893,557 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Design Foundry, LLC
- EIN
- 83-0987394
- Plan number
- 001
- Plan type
- 2
- Location
- Hickory, NC
- Latest filing year
- 2023
- Participants
- 280
- End-of-year plan assets
- $1,893,557
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20241005121442NAL0021798240001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,893,557
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,893,557
- Net assets (BOY)
- $918,080
Income & contributions
- Employer contributions
- $253,479
- Participant contributions
- $419,146
- Total contributions
- $837,534
- Total income / additions
- $1,077,719
Expenses & distributions
- Benefits paid
- $76,311
- Administrative expenses
- $25,931
- Total expenses
- $102,242
- Net increase / (decrease)
- $975,477
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Life Ins. Co. (Usa) | CONTRACT ADMINISTRATOR | $24,302 | not reported in the loaded dataset | 2023 |
| Corporate Plans & Services, Inc. | THIRD PRTY ADMINISTRATOR | $1,350 | not reported in the loaded dataset | 2023 |
| Wilshire Associates, Inc. (Usa) | RIA | $279 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Design Foundry, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Hickory, NC
- John Hancock Life Ins. Co. (Usa) — Schedule C compensation
- Corporate Plans & Services, Inc. — Schedule C compensation
- Wilshire Associates, Inc. (Usa) — Schedule C compensation