# Document Storage Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/document-storage-systems-inc-401k-plan

> Document Storage Systems, INC.'s 401(k) plan: 705 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Document Storage Systems, INC.

- **Sponsor EIN:** 431575286

- **Sponsor Address:** 701 US HWY 1, SUITE 101, NORTH PALM BEACH, FL, 33408

- **Plan Type:** 401(k)

- **Total Participants:** 705

- **Total Assets:** $88.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|705|$88.0M|$2.5M|$6.3M|

| 2023|675|$74.2M|$2.4M|$6.0M|

| 2022|670|$60.1M|$2.2M|$5.5M|

## 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|

| EMPOWER ANNUITY INSURANCE COMPANY|RECORDKEEPER|$70,583|—|$70,583|

| BROAD STREET CAPITAL PARTNERS LLC|INVESTMENT ADVISOR|$67,049|—|$67,049|

| EMPOWER ADVISORY GROUP, LLC|INVESTMENT MGMT|$61,490|—|$61,490|

| WEALTH ENHANCEMENT ADVISORY SERVICE|INVESTMENT ADVISOR|$20,000|—|$20,000|

| EJ REYNOLDS, INC.|CONTRACT ADMIN|$7,000|—|$7,000|

| COHN REZNICK, LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $226,122

- **Estimated Expense Ratio:** 0.257% 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|$213,030|—|—|—|—|

| 2023|$72,460|—|—|—|—|

| 2022|$59,290|$59,290|—|—|—|

## Similar Plans

- [Modernizing Medicine, INC.](https://planprovider.pro/companies/modernizing-medicine-inc-401k-plan) — 1,615 participants

- [Kaseya Us, LLC](https://planprovider.pro/companies/kaseya-us-llc-401k-plan) — 2,342 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/document-storage-systems-inc-401k-plan)

© 2026 PlanProvider.Pro