Employers › Digital Management
Recordkeeping fees per participant · Digital Management, LLC 401(k) Plan · plan year 2024
$61.17
Higher than 43% of the 5,847 plans $50 to 250M that report it.
= $175,300 / 2,866
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829085110NAL0011023185001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829085110NAL0011023185001, received 2025-08-29
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-29.
Administrative expenses excluding investment management, per participant
$67.73
Higher than 34% of the 8,758 plans $50 to 250M that report it.
= $194,100 / 2,866
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829085110NAL0011023185001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829085110NAL0011023185001, received 2025-08-29
Administrative expenses per participant
$114.74
Higher than 42% of the 9,042 plans $50 to 250M that report it.
= $328,843 / 2,866
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829085110NAL0011023185001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829085110NAL0011023185001, received 2025-08-29
Administrative expenses as a share of assets
0.167%
Higher than 60% of the 9,049 plans $50 to 250M that report it.
= $328,843 / $196,463,849
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829085110NAL0011023185001, received 2025-08-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829085110NAL0011023185001, received 2025-08-29
Employer contributions per participant
$1,355
Higher than 17% of the 9,105 plans $50 to 250M that report it.
= $3,882,183 / 2,866
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829085110NAL0011023185001, received 2025-08-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829085110NAL0011023185001, received 2025-08-29
Employer share of total contributions
16.8%
Higher than 12% of the 9,112 plans $50 to 250M that report it.
= $3,882,183 / $23,135,826
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829085110NAL0011023185001, received 2025-08-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829085110NAL0011023185001, received 2025-08-29
Plan terms are not published in public filings.
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3H controlled-group sponsor · 2E profit-sharing · 2F ERISA 404(c) plan · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250829085110NAL0011023185001, received 2025-08-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | DIGITAL MANAGEMENT, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Plan name | DIGITAL MANAGEMENT, LLC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Sponsor EIN / plan number | 68-0505254 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Sponsor location | BETHESDA, MD | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Filing received | 2025-08-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Participants, beginning of year | 2,764 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Active participants | 1,554 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Participants, end of year | 2,965 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Participants with an account balance | 2,866 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total assets, beginning of year | $178,086,207 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total assets, end of year | $196,463,849 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Net assets, end of year | $196,463,849 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total income | $46,998,045 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Net income | $18,377,642 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Employer contributions | $3,882,183 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Participant contributions | $15,280,198 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Other contributions (incl. rollovers) | $3,973,445 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total contributions | $23,135,826 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Benefit payments | $28,274,280 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total expenses (incl. benefit payments) | $28,620,403 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Total administrative expenses | $328,843 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Contract administrator fees | $1,800 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Recordkeeping fees | $175,300 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| IQPA audit fees | $17,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Investment advisory and management fees | $134,743 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Administrative expenses excluding investment management | $194,100 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Held in common/collective trusts | $166,576,982 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Held in mutual funds | $27,902,607 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250829085110NAL0011023185001, received 2025-08-29 |
| Independent auditor | ASSURANCE DIMENSIONS | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250829085110NAL0011023185001, received 2025-08-29 |
Position = column in the DOL layout for form year 2024. Filing 20250829085110NAL0011023185001, received 2025-08-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $177,100 | yes |
| KESTRA INVESTMENT SERVICES LLC | ADVISOR | 27 Investment advisory (plan) | $80,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $54,743 | no |
| ASSURANCE DIMENSION, INC. | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $17,000 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250829085110NAL0011023185001, received 2025-08-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $178,086,207 | $196,463,849 | 10.3% |
| Participants with a balance | 2,682 | 2,866 | 6.9% |
| Administrative expenses | $294,634 | $328,843 | 11.6% |
| Recordkeeping fees per participant | $57.07 | $61.17 | 7.2% |
| Employer contributions | $4,348,264 | $3,882,183 | -10.7% |
Prior filing 20240829122243NAL0013530449001, received 2024-08-29; the plan years are contiguous.
Sponsor name as filed: DIGITAL MANAGEMENT, LLC; SEC registrant: Digital Management, LLC (CIK 1502903, matched by EIN).