401k Plan data: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST plan

DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan Name	DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number	002

DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

DIRECTAPPS, INC. DBA DIRECT TECHNOLOGY has sponsored the creation of one or more 401k plans.

Company Name: DIRECTAPPS, INC. DBA DIRECT TECHNOLOGY

Employer identification number (EIN): 680368956

NAIC Classification: 541519
NAIC Description: Other Computer Related Services

Additional information about DIRECTAPPS, INC. DBA DIRECT TECHNOLOGY

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 2562450

More information about DIRECTAPPS, INC. DBA DIRECT TECHNOLOGY

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2021-01-01
002 2020-01-01
002 2019-01-01
002 2018-08-01
002 2010-01-01 FEDERICO MICHANIE 2011-07-12
002 2009-01-01 DIRECTAPPS INC

Plan Statistics for DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2022: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 1,057
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 584
Number of other retired or separated participants entitled to future benefits 2022-01-01 205
Total of all active and inactive participants 2022-01-01 789
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 789
Number of participants with account balances 2022-01-01 352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 844
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 847
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 197
Total of all active and inactive participants 2021-01-01 1,044
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 1,044
Number of participants with account balances 2021-01-01 550
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year 2020-01-01 753
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 679
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 155
Total of all active and inactive participants 2020-01-01 834
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 834
Number of participants with account balances 2020-01-01 475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year 2019-01-01 604
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 658
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 99
Total of all active and inactive participants 2019-01-01 757
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 757
Number of participants with account balances 2019-01-01 389
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year 2018-08-01 399
Total number of active participants reported on line 7a of the Form 5500 2018-08-01 414
Number of retired or separated participants receiving benefits 2018-08-01 0
Number of other retired or separated participants entitled to future benefits 2018-08-01 131
Total of all active and inactive participants 2018-08-01 545
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-08-01 0
Total participants 2018-08-01 545
Number of participants with account balances 2018-08-01 389
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-08-01 0
2009: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year 2009-01-01 107
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 79
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 14
Total of all active and inactive participants 2009-01-01 93
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 93
Number of participants with account balances 2009-01-01 52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2022: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	1,057
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	584
Number of other retired or separated participants entitled to future benefits	2022-01-01	205
Total of all active and inactive participants	2022-01-01	789
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	789
Number of participants with account balances	2022-01-01	352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	844
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	847
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	197
Total of all active and inactive participants	2021-01-01	1,044
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	1,044
Number of participants with account balances	2021-01-01	550
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k membership
Total participants, beginning-of-year	2020-01-01	753
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	679
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	155
Total of all active and inactive participants	2020-01-01	834
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	834
Number of participants with account balances	2020-01-01	475
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 401k membership
Total participants, beginning-of-year	2019-01-01	604
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	658
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	99
Total of all active and inactive participants	2019-01-01	757
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	757
Number of participants with account balances	2019-01-01	389
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2018 401k membership
Total participants, beginning-of-year	2018-08-01	399
Total number of active participants reported on line 7a of the Form 5500	2018-08-01	414
Number of retired or separated participants receiving benefits	2018-08-01	0
Number of other retired or separated participants entitled to future benefits	2018-08-01	131
Total of all active and inactive participants	2018-08-01	545
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-08-01	0
Total participants	2018-08-01	545
Number of participants with account balances	2018-08-01	389
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-08-01	0
2009: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2009 401k membership
Total participants, beginning-of-year	2009-01-01	107
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	79
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	14
Total of all active and inactive participants	2009-01-01	93
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	93
Number of participants with account balances	2009-01-01	52
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST

Measure	Date	Value
2022 : DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$-2,708,558
Total of all expenses incurred	2022-12-31	$12,368,389
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$12,246,130
Expenses. Certain deemed distributions of participant loans	2022-12-31	$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,876,257
Value of total assets at end of year	2022-12-31	$17,420,192
Value of total assets at beginning of year	2022-12-31	$32,497,139
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$122,259
Total interest from all sources	2022-12-31	$18,030
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$-6,602,845
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$-6,602,845
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$3,261,019
Participant contributions at end of year	2022-12-31	$0
Participant contributions at end of year	2022-12-31	$3,569
Participant contributions at beginning of year	2022-12-31	$12,208
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$615,238
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$0
Total non interest bearing cash at end of year	2022-12-31	$44
Total non interest bearing cash at beginning of year	2022-12-31	$26,443
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-15,076,947
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$17,420,192
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$32,497,139
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$16,900,512
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$31,213,711
Interest on participant loans	2022-12-31	$18,030
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2022-12-31	$493,971
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2022-12-31	$870,482
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$0
Employer contributions (assets) at end of year	2022-12-31	$22,096
Employer contributions (assets) at beginning of year	2022-12-31	$374,295
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$12,246,130
Contract administrator fees	2022-12-31	$122,259
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-12-31	No
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	LEE CPA AUDIT GROUP
Accountancy firm EIN	2022-12-31	814637885
2021 : DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$9,469,115
Total of all expenses incurred	2021-12-31	$3,212,216
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$3,041,792
Expenses. Certain deemed distributions of participant loans	2021-12-31	$63,167
Value of total corrective distributions	2021-12-31	$7,083
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$5,383,205
Value of total assets at end of year	2021-12-31	$32,497,139
Value of total assets at beginning of year	2021-12-31	$26,240,240
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$100,174
Total interest from all sources	2021-12-31	$17,813
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,001,970
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,001,970
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$4,087,362
Participant contributions at beginning of year	2021-12-31	$332,684
Participant contributions at end of year	2021-12-31	$12,208
Participant contributions at beginning of year	2021-12-31	$10,820
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$1,295,843
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$0
Administrative expenses (other) incurred	2021-12-31	$61,802
Total non interest bearing cash at end of year	2021-12-31	$26,443
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$6,256,899
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$32,497,139
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$26,240,240
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$38,372
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$31,213,711
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$24,952,792
Interest on participant loans	2021-12-31	$17,813
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2021-12-31	$870,482
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2021-12-31	$943,944
Expenses. Payments to insurance carriers foe the provision of benefits	2021-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$3,066,127
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$0
Employer contributions (assets) at end of year	2021-12-31	$374,295
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$3,041,792
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2021-12-31	No
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	LEE CPA AUDIT GROUP
Accountancy firm EIN	2021-12-31	814637885
2020 : DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 401k financial data
Total transfer of assets to this plan	2020-12-31	$27,155
Total income from all sources (including contributions)	2020-12-31	$8,209,363
Total of all expenses incurred	2020-12-31	$2,515,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$2,381,142
Expenses. Certain deemed distributions of participant loans	2020-12-31	$0
Value of total corrective distributions	2020-12-31	$28,481
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$4,455,417
Value of total assets at end of year	2020-12-31	$26,240,240
Value of total assets at beginning of year	2020-12-31	$20,519,177
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$105,832
Total interest from all sources	2020-12-31	$20,495
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$0
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$3,363,990
Participant contributions at end of year	2020-12-31	$332,684
Participant contributions at beginning of year	2020-12-31	$332,083
Participant contributions at end of year	2020-12-31	$10,820
Participant contributions at beginning of year	2020-12-31	$73,380
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$1,091,427
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$5,693,908
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$26,240,240
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$20,519,177
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$105,832
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$24,952,792
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$19,096,665
Interest on participant loans	2020-12-31	$20,495
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$0
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2020-12-31	$943,944
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2020-12-31	$1,017,049
Expenses. Payments to insurance carriers foe the provision of benefits	2020-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$3,733,451
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$0
Employer contributions (assets) at end of year	2020-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$2,381,142
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	No
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LEE CPA AUDIT GROUP
Accountancy firm EIN	2020-12-31	814637885
2019 : DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 401k financial data
Total income from all sources (including contributions)	2019-12-31	$7,097,520
Total income from all sources (including contributions)	2019-12-31	$7,097,520
Total of all expenses incurred	2019-12-31	$2,096,108
Total of all expenses incurred	2019-12-31	$2,096,108
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,891,945
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,891,945
Value of total corrective distributions	2019-12-31	$18,471
Value of total corrective distributions	2019-12-31	$18,471
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$3,300,340
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$3,300,340
Value of total assets at end of year	2019-12-31	$20,519,177
Value of total assets at end of year	2019-12-31	$20,519,177
Value of total assets at beginning of year	2019-12-31	$15,517,765
Value of total assets at beginning of year	2019-12-31	$15,517,765
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$185,692
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$185,692
Total interest from all sources	2019-12-31	$21,344
Total interest from all sources	2019-12-31	$21,344
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$135,798
Administrative expenses professional fees incurred	2019-12-31	$135,798
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$2,896,352
Contributions received from participants	2019-12-31	$2,896,352
Participant contributions at end of year	2019-12-31	$332,083
Participant contributions at end of year	2019-12-31	$332,083
Participant contributions at beginning of year	2019-12-31	$291,713
Participant contributions at beginning of year	2019-12-31	$291,713
Participant contributions at end of year	2019-12-31	$73,380
Participant contributions at end of year	2019-12-31	$73,380
Participant contributions at beginning of year	2019-12-31	$65,257
Participant contributions at beginning of year	2019-12-31	$65,257
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$403,988
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$403,988
Administrative expenses (other) incurred	2019-12-31	$2,700
Administrative expenses (other) incurred	2019-12-31	$2,700
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$5,001,412
Value of net income/loss	2019-12-31	$5,001,412
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$20,519,177
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$20,519,177
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$15,517,765
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$15,517,765
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$44,382
Investment advisory and management fees	2019-12-31	$44,382
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$19,096,665
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$19,096,665
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$14,119,678
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$14,119,678
Interest on participant loans	2019-12-31	$21,344
Interest on participant loans	2019-12-31	$21,344
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$1,017,049
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2019-12-31	$1,017,049
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$1,036,017
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2019-12-31	$1,036,017
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$3,775,836
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$3,775,836
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at end of year	2019-12-31	$0
Employer contributions (assets) at beginning of year	2019-12-31	$5,100
Employer contributions (assets) at beginning of year	2019-12-31	$5,100
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,891,945
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,891,945
Contract administrator fees	2019-12-31	$2,812
Contract administrator fees	2019-12-31	$2,812
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	MOSS ADAMS LLP
Accountancy firm name	2019-12-31	MOSS ADAMS LLP
Accountancy firm EIN	2019-12-31	910189318
Accountancy firm EIN	2019-12-31	910189318
2018 : DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2018 401k financial data
Total transfer of assets to this plan	2018-12-31	$16,456,050
Total income from all sources (including contributions)	2018-12-31	$-261,751
Total of all expenses incurred	2018-12-31	$676,534
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$621,664
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,310,048
Value of total assets at end of year	2018-12-31	$15,517,765
Value of total assets at beginning of year	2018-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$54,870
Total interest from all sources	2018-12-31	$16,416
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Administrative expenses professional fees incurred	2018-12-31	$28,786
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,038,679
Participant contributions at end of year	2018-12-31	$291,713
Participant contributions at beginning of year	2018-12-31	$0
Participant contributions at end of year	2018-12-31	$65,257
Participant contributions at beginning of year	2018-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$266,269
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-938,285
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$15,517,765
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$16,758
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$14,119,678
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$0
Interest on participant loans	2018-12-31	$10,500
Interest earned on other investments	2018-12-31	$5,916
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2018-12-31	$1,036,017
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2018-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-1,588,215
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$5,100
Employer contributions (assets) at end of year	2018-12-31	$5,100
Employer contributions (assets) at beginning of year	2018-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$621,664
Contract administrator fees	2018-12-31	$9,326
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No

Form 5500 Responses for DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST

2022: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Plan funding arrangement – Insurance	Yes
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement – Insurance	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Insurance	Yes
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2018 form 5500 responses
2018-08-01	Type of plan entity	Single employer plan
2018-08-01	First time form 5500 has been submitted	Yes
2018-08-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-08-01	Plan funding arrangement – Insurance	Yes
2018-08-01	Plan funding arrangement – Trust	Yes
2018-08-01	Plan benefit arrangement - Trust	Yes
2009: DIRECTAPPS, INC. 401(K) PROFIT SHARING PLAN & TRUST 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

50073201

Policy instance

Insurance contract or identification number	50073201
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

50073201

Policy instance

Insurance contract or identification number	50073201
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

50073201

Policy instance

Insurance contract or identification number	50073201
Number of Individuals Covered	60
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $0

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

50073201

Policy instance

Insurance contract or identification number	50073201
Insurance policy start date	2019-01-01
Insurance policy end date	2019-12-31
Total amount of commissions paid to insurance broker	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 68322 )

Policy contract number

50073201

Policy instance

Insurance contract or identification number	50073201
Number of Individuals Covered	23
Insurance policy start date	2018-08-01
Insurance policy end date	2018-12-31
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	DIRECTAPPS, INC. DBA DIRECT TECHNOLOGY
Employer identification number (EIN):	680368956
NAIC Classification:	541519
NAIC Description:	Other Computer Related Services

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	2562450