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RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. 401k Plan overview

Plan NameRETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC.
Plan identification number 003

RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

DIRECTSCALE, INC. has sponsored the creation of one or more 401k plans.

Company Name:DIRECTSCALE, INC.
Employer identification number (EIN):273628338
NAIC Classification:541990
NAIC Description:All Other Professional, Scientific, and Technical Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032024-01-01STEVEN STOUT2024-11-25
0032023-01-01STEVEN STOUT2024-08-20
0032022-01-01STEVEN STOUT2023-07-24
0032021-01-01STEVEN STOUT2022-07-26
0032020-01-01STEVEN STOUT2021-07-22
0032019-01-01STEVEN STOUT2020-07-24
0032018-01-01STEVEN STOUT2019-07-23
0032017-05-01SPENCER BARCLAY2018-07-27

Plan Statistics for RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC.

401k plan membership statisitcs for RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC.

Measure Date Value
2024: RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. 2024 401k membership
Total number of particpants at beginning of year2024-11-2514
Total number of particpants at end of year2024-11-250
Number of Participants With Account Balances2024-11-250
Total number of particpants at beginning of year2024-08-2047
Total number of particpants at end of year2024-08-2014
Number of Participants With Account Balances2024-08-2014
2022: RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. 2022 401k membership
Total number of particpants at beginning of year2022-07-2656
Total number of particpants at end of year2022-07-2654
Number of Participants With Account Balances2022-07-2620

Financial Data on RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC.

Measure Date Value
2024 : RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-11-25-367430
Total expenses incurred by plan in this plan year2024-11-251496
Net assets as of the end of the plan year2024-11-250
Total assets as of the beginning of the plan year2024-11-25371239
Value of plan covered by a fidelity bond2024-11-25500000
Other income to plan in this plan year2024-11-25-2313
Plan net income in this plan year2024-11-25-3809
Net assets as of the end of the plan year2024-11-250
Net assets as of the beginning of the plan year2024-11-25371239
Expensese paid to adminstrative service provicers from plan in this plan year2024-11-251496
Total transfers to/from plan in this plan year2024-08-200
Total liabilities as of the end of the plan year2024-08-200
Total liabilities as of the beginning of the plan year2024-08-200
Total expenses incurred by plan in this plan year2024-08-20118946
Net assets as of the end of the plan year2024-08-20371239
Total assets as of the beginning of the plan year2024-08-20415755
Value of plan covered by a fidelity bond2024-08-20500000
Participant contributions to plan in this plan year2024-08-2011894
Other expenses paid from plan in this plan year2024-08-200
Other contributions to plan in this plan year2024-08-200
Other income to plan in this plan year2024-08-2062536
Plan net income in this plan year2024-08-20-44516
Net assets as of the end of the plan year2024-08-20371239
Net assets as of the beginning of the plan year2024-08-20415755
Employer contributions to plan in this plan year2024-08-200
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-208234
2022 : RETIREMENT INCOME SECURITY PLAN-DIRECTSCALE, INC. 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-260
Total liabilities as of the end of the plan year2022-07-260
Total liabilities as of the beginning of the plan year2022-07-260
Total expenses incurred by plan in this plan year2022-07-2660696
Net assets as of the end of the plan year2022-07-26458277
Total assets as of the beginning of the plan year2022-07-26366590
Value of plan covered by a fidelity bond2022-07-26500000
Participant contributions to plan in this plan year2022-07-2685261
Value of participant loans at end of plan year2022-07-260
Other expenses paid from plan in this plan year2022-07-260
Other contributions to plan in this plan year2022-07-262533
Other income to plan in this plan year2022-07-2664589
Plan net income in this plan year2022-07-2691687
Net assets as of the end of the plan year2022-07-26458277
Net assets as of the beginning of the plan year2022-07-26366590
Value of contributions failed to transmitted timely2022-07-264584
Employer contributions to plan in this plan year2022-07-260
Fees paid to broker by Benefit Provider2022-07-260
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-266450

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