Digital Media Solutions, LLC 401(K) Retirement Plan — Form 5500 plan (Digital Media Solutions, 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 Media Solutions, LLC 401(K) Retirement Plan is a benefit plan reported by Digital Media Solutions, LLC under EIN 90-0824110 and plan number 001. The latest loaded filing year is 2023. The filing reports 533 participants and $14,409,057 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.4MPlan net assets, end of year$14,409,057
Participants533Covered participants reported
Assets / participant$27KComputed: assets ÷ participants$27,034 (computed)
Provider compensation$36.2K2 Schedule C provider row(s)$36,169
Plan sponsor
Digital Media Solutions, LLC
EIN
90-0824110
Plan number
001
Plan type
2
Location
Clearwater, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023533H, C20241014090353NAL0014674851001
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)$14.4M total assets
Net assets$14.4MLiabilities$0
Money in vs. money out
Total income / additions$4.5M
Total expenses$2.2M
Benefits paid / distributions$2.2M
Contributions
Employer$844.9K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$14,409,057
Total liabilities (EOY)
$0
Net assets (EOY)
$14,409,057
Net assets (BOY)
$12,096,272

Income & contributions

Employer contributions
$844,878
Participant contributions
$1,546,004
Total contributions
$2,544,621
Total income / additions
$4,472,323

Expenses & distributions

Benefits paid
$2,151,693
Administrative expenses
$7,845
Total expenses
$2,159,538
Net increase / (decrease)
$2,312,785
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.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Meridian Wealth Partners LLCRIA$0$32,7162023
John Hancock NyRECORDKEEPER$3,453not reported in the loaded dataset2023

Related Form 5500 pages