Plan Snapshot
- Plan Sponsor: Dbi Next INC.
- Sponsor EIN: 621651556
- Sponsor Address: 1030 16TH AVENUE, NASHVILLE, TN, 37212
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 236
- Total Assets: $33.0M
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. |
|---|---|---|---|---|
| 2025 | 236 | $33.0M | $0 | $0 |
| 2024 | 14 | $34.8M | $131,452 | $242,296 |
| 2023 | 66 | $53.2M | $408,007 | $809,736 |
| 2022 | 178 | $70.3M | $546,018 | $1.1M |
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 |
|---|---|---|---|---|
| ROBERT W. BAIRD | Other Service Provider | $20,000 | — | $20,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $6,304 | — | $6,304 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,304
- Estimated Expense Ratio: 0.080% 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 |
|---|---|---|---|---|---|
| 2025 | $6,729,132 | $6,304 | — | — | — |
| 2024 | $23,635 | $36,039 | — | — | — |
| 2023 | $999 | $17,721 | — | — | — |
| 2022 | $22,065 | $18,002 | — | — | — |