Plan Snapshot
- Plan Sponsor: Digital Management, LLC
- Sponsor EIN: 680505254
- Sponsor Address: 6550 ROCK SPRING DRIVE 7TH FLOOR, BETHESDA, MD, 20817
- Plan Type: 401(k)
- Total Participants: 1,554
- Total Assets: $196.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,554 | $196.5M | $3.9M | $15.3M |
| 2023 | 1,410 | $178.1M | $4.3M | $14.0M |
| 2022 | 1,297 | $141.7M | $3.7M | $12.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASSURANCE DIMENSIONS | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 0.009% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $328,843 | $134,743 | $1,800 | $17,000 | — |
| 2023 | $294,634 | $124,273 | $300 | $17,000 | — |
| 2022 | $341,473 | $40,728 | — | — | — |