401k Record

Employers › DispatchIt Inc. \DE

DispatchIt Inc. \DE 401(k)

Administrative expenses excluding investment management, per participant · Dispatchit, Inc. 401(k) P/S Plan · plan year 2024

$75.98

Higher than 41% of the 14,713 plans $1 to 10M that report it.

Source

= $18,842 / 248
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251204134810NAL0002212529001, received 2025-12-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251204134810NAL0002212529001, received 2025-12-04

10th: $13.66median $103.3390th: $302.77

Percentiles compare this plan with the Schedule H plans $1 to 10M 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 2025-12-04.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$75.98

10th: $19.42median $150.2790th: $370.75

Higher than 30% of the 15,210 plans $1 to 10M that report it.

Source

= $18,842 / 248
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251204134810NAL0002212529001, received 2025-12-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251204134810NAL0002212529001, received 2025-12-04

Administrative expenses as a share of assets

0.314%

10th: 0.069%median 0.519%90th: 1.146%

Higher than 31% of the 15,243 plans $1 to 10M that report it.

Source

= $18,842 / $6,009,169
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251204134810NAL0002212529001, received 2025-12-04
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251204134810NAL0002212529001, received 2025-12-04

Employer contributions per participant

$1,372

10th: $357median $1,32390th: $2,861

Higher than 52% of the 13,342 plans $1 to 10M that report it.

Source

= $340,310 / 248
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251204134810NAL0002212529001, received 2025-12-04
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251204134810NAL0002212529001, received 2025-12-04

Employer share of total contributions

24.0%

10th: 11.9%median 28.9%90th: 43.6%

Higher than 35% of the 13,370 plans $1 to 10M that report it.

Source

= $340,310 / $1,415,360
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251204134810NAL0002212529001, received 2025-12-04
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251204134810NAL0002212529001, received 2025-12-04

Plan terms, as stated in DispatchIt, Inc. \DE's SEC filings

Plan terms are not published in public filings.

Plan features

2S pre-approved plan document · 2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251204134810NAL0002212529001, received 2025-12-04

Full record, Dispatchit, Inc. 401(k) P/S Plan

FieldValueSource
Plan sponsorDISPATCHIT, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251204134810NAL0002212529001, received 2025-12-04
Plan nameDISPATCHIT, INC. 401(K) P/S PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251204134810NAL0002212529001, received 2025-12-04
Sponsor EIN / plan number83-2323726 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251204134810NAL0002212529001, received 2025-12-04
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251204134810NAL0002212529001, received 2025-12-04
Sponsor locationMINNEAPOLIS, MNForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251204134810NAL0002212529001, received 2025-12-04
Industry (business code)492110, Transportation and warehousingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251204134810NAL0002212529001, received 2025-12-04
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251204134810NAL0002212529001, received 2025-12-04
Filing received2025-12-04Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251204134810NAL0002212529001, received 2025-12-04
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251204134810NAL0002212529001, received 2025-12-04
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251204134810NAL0002212529001, received 2025-12-04
Participants, beginning of year235Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251204134810NAL0002212529001, received 2025-12-04
Active participants115Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251204134810NAL0002212529001, received 2025-12-04
Participants, end of year255Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251204134810NAL0002212529001, received 2025-12-04
Participants with an account balance248Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251204134810NAL0002212529001, received 2025-12-04
Total assets, beginning of year$4,515,647Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251204134810NAL0002212529001, received 2025-12-04
Total assets, end of year$6,009,169Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251204134810NAL0002212529001, received 2025-12-04
Net assets, end of year$6,009,169Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251204134810NAL0002212529001, received 2025-12-04
Total income$2,065,857Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251204134810NAL0002212529001, received 2025-12-04
Net income$1,493,522Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251204134810NAL0002212529001, received 2025-12-04
Employer contributions$340,310Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251204134810NAL0002212529001, received 2025-12-04
Participant contributions$979,769Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251204134810NAL0002212529001, received 2025-12-04
Other contributions (incl. rollovers)$95,281Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251204134810NAL0002212529001, received 2025-12-04
Total contributions$1,415,360Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251204134810NAL0002212529001, received 2025-12-04
Benefit payments$553,493Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251204134810NAL0002212529001, received 2025-12-04
Total expenses (incl. benefit payments)$572,335Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251204134810NAL0002212529001, received 2025-12-04
Total administrative expenses$18,842Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251204134810NAL0002212529001, received 2025-12-04
Contract administrator fees$18,842Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251204134810NAL0002212529001, received 2025-12-04
Administrative expenses excluding investment management$18,842derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251204134810NAL0002212529001, received 2025-12-04
Held in mutual funds$5,936,583Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251204134810NAL0002212529001, received 2025-12-04
Independent auditorBDO USA, P.CSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251204134810NAL0002212529001, received 2025-12-04

Position = column in the DOL layout for form year 2024. Filing 20251204134810NAL0002212529001, received 2025-12-04.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
ASCENSUS LLCrecordkeeperNONE 64 Recordkeeping fees; 37 Participant loan processing; 99 Other fees; 15 Recordkeeping and information management; 60 Sub-transfer agency fees; 50 Direct payment from the plan $18,842yes

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 20251204134810NAL0002212529001, received 2025-12-04.

What changed since the 2023 plan year

Figure20232024Change
Total assets$4,515,647$6,009,16933.1%
Participants with a balance2262489.7%
Administrative expenses$10,708$18,84276.0%
Recordkeeping fees per participantnot reportednot reported
Employer contributions$317,748$340,3107.1%

Prior filing 20241127113744NAL0006679745001, received 2024-11-27; the plan years are contiguous.

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Sponsor name as filed: DISPATCHIT, INC.; SEC registrant: DispatchIt, Inc. \DE (CIK 1762453, matched by EIN).