401k Plan data: DIRECT AUCTION SERVICES, LLC 401(K) PLAN plan

DIRECT AUCTION SERVICES, LLC 401(K) PLAN 401k Plan overview

Plan Name	DIRECT AUCTION SERVICES, LLC 401(K) PLAN
Plan identification number	001

DIRECT AUCTION SERVICES, LLC 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan covering Self-Employed individuals.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DIRECT AUCTION SERVICES, LLC has sponsored the creation of one or more 401k plans.

Company Name: DIRECT AUCTION SERVICES, LLC

Employer identification number (EIN): 264250602

NAIC Classification: 551112
NAIC Description: Offices of Other Holding Companies

Additional information about DIRECT AUCTION SERVICES, LLC

Jurisdiction of Incorporation: Georgia Department of States Corporations Division

Incorporation Date:

Company Identification Number: 1423411

More information about DIRECT AUCTION SERVICES, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIRECT AUCTION SERVICES, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2020-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 VERONICA FRANKS
001 2017-01-01
001 2016-07-20 VERONICA FRANKS
001 2016-07-20

Plan Statistics for DIRECT AUCTION SERVICES, LLC 401(K) PLAN

401k plan membership statisitcs for DIRECT AUCTION SERVICES, LLC 401(K) PLAN

Measure Date Value
2020: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 3,595
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 1,483
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 1,719
Total of all active and inactive participants 2020-01-01 3,202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 3,202
Number of participants with account balances 2020-01-01 2,501
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 3,109
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 2,049
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 1,230
Total of all active and inactive participants 2019-01-01 3,279
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 3,279
Number of participants with account balances 2019-01-01 2,289
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 2,307
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 1,718
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 834
Total of all active and inactive participants 2018-01-01 2,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 2,552
Number of participants with account balances 2018-01-01 1,882
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 1,223
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,385
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 420
Total of all active and inactive participants 2017-01-01 1,805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 1,805
Number of participants with account balances 2017-01-01 1,253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-07-20 740
Total number of active participants reported on line 7a of the Form 5500 2016-07-20 653
Number of retired or separated participants receiving benefits 2016-07-20 0
Number of other retired or separated participants entitled to future benefits 2016-07-20 94
Total of all active and inactive participants 2016-07-20 747
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-07-20 0
Total participants 2016-07-20 747
Number of participants with account balances 2016-07-20 744
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-07-20 0

Measure	Date	Value
2020: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	3,595
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	1,483
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	1,719
Total of all active and inactive participants	2020-01-01	3,202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	3,202
Number of participants with account balances	2020-01-01	2,501
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	3,109
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	2,049
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	1,230
Total of all active and inactive participants	2019-01-01	3,279
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	3,279
Number of participants with account balances	2019-01-01	2,289
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	2,307
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	1,718
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	834
Total of all active and inactive participants	2018-01-01	2,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	2,552
Number of participants with account balances	2018-01-01	1,882
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	1,223
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,385
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	420
Total of all active and inactive participants	2017-01-01	1,805
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	1,805
Number of participants with account balances	2017-01-01	1,253
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-07-20	740
Total number of active participants reported on line 7a of the Form 5500	2016-07-20	653
Number of retired or separated participants receiving benefits	2016-07-20	0
Number of other retired or separated participants entitled to future benefits	2016-07-20	94
Total of all active and inactive participants	2016-07-20	747
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-07-20	0
Total participants	2016-07-20	747
Number of participants with account balances	2016-07-20	744
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-07-20	0

Financial Data on DIRECT AUCTION SERVICES, LLC 401(K) PLAN

Measure	Date	Value
2020 : DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$1,200
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$527
Total income from all sources (including contributions)	2020-12-31	$932,593
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$382,549
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$339,005
Value of total corrective distributions	2020-12-31	$1,200
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$193,863
Value of total assets at end of year	2020-12-31	$2,547,879
Value of total assets at beginning of year	2020-12-31	$1,997,162
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$42,344
Total interest from all sources	2020-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Administrative expenses professional fees incurred	2020-12-31	$3,000
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$193,863
Participant contributions at end of year	2020-12-31	$300
Participant contributions at beginning of year	2020-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2020-12-31	$1,200
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2020-12-31	$527
Other income not declared elsewhere	2020-12-31	$534,417
Administrative expenses (other) incurred	2020-12-31	$39,344
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$550,044
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$2,546,679
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$1,996,635
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$1,727,046
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$1,468,978
Value of interest in common/collective trusts at end of year	2020-12-31	$820,533
Value of interest in common/collective trusts at beginning of year	2020-12-31	$528,184
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$204,313
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$339,005
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LBMC, PC
Accountancy firm EIN	2020-12-31	621199757
2019 : DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$527
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$527
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$11,700
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$11,700
Total income from all sources (including contributions)	2019-12-31	$1,054,386
Total income from all sources (including contributions)	2019-12-31	$1,054,386
Total loss/gain on sale of assets	2019-12-31	$0
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$339,467
Total of all expenses incurred	2019-12-31	$339,467
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$268,313
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$268,313
Value of total corrective distributions	2019-12-31	$527
Value of total corrective distributions	2019-12-31	$527
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$537,220
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$537,220
Value of total assets at end of year	2019-12-31	$1,997,162
Value of total assets at end of year	2019-12-31	$1,997,162
Value of total assets at beginning of year	2019-12-31	$1,293,416
Value of total assets at beginning of year	2019-12-31	$1,293,416
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$70,627
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$70,627
Total interest from all sources	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Administrative expenses professional fees incurred	2019-12-31	$26,500
Administrative expenses professional fees incurred	2019-12-31	$26,500
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$585,989
Value of fidelity bond cover	2019-12-31	$585,989
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$537,220
Contributions received from participants	2019-12-31	$537,220
Participant contributions at end of year	2019-12-31	$0
Participant contributions at end of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$0
Participant contributions at beginning of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2019-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$527
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$11,700
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$11,700
Other income not declared elsewhere	2019-12-31	$288,558
Other income not declared elsewhere	2019-12-31	$288,558
Administrative expenses (other) incurred	2019-12-31	$44,127
Administrative expenses (other) incurred	2019-12-31	$44,127
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$714,919
Value of net income/loss	2019-12-31	$714,919
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$1,996,635
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,281,716
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,281,716
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$1,468,978
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$1,468,978
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,055,890
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,055,890
Value of interest in common/collective trusts at end of year	2019-12-31	$528,184
Value of interest in common/collective trusts at end of year	2019-12-31	$528,184
Value of interest in common/collective trusts at beginning of year	2019-12-31	$237,526
Value of interest in common/collective trusts at beginning of year	2019-12-31	$237,526
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$228,608
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$228,608
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$268,313
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$268,313
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LBMC, PC
Accountancy firm name	2019-12-31	LBMC, PC
Accountancy firm EIN	2019-12-31	621199757
2018 : DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$11,700
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$26,691
Total income from all sources (including contributions)	2018-12-31	$515,570
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$194,565
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$125,082
Value of total corrective distributions	2018-12-31	$11,700
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$484,262
Value of total assets at end of year	2018-12-31	$1,293,416
Value of total assets at beginning of year	2018-12-31	$987,402
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$57,783
Total interest from all sources	2018-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Administrative expenses professional fees incurred	2018-12-31	$21,000
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$585,989
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$483,384
Participant contributions at end of year	2018-12-31	$0
Participant contributions at beginning of year	2018-12-31	$0
Assets. Other investments not covered elsewhere at end of year	2018-12-31	$0
Assets. Other investments not covered elsewhere at beginning of year	2018-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$11,700
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$26,691
Other income not declared elsewhere	2018-12-31	$86,891
Administrative expenses (other) incurred	2018-12-31	$36,783
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$321,005
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,281,716
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$960,711
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$1,055,890
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$846,363
Value of interest in common/collective trusts at end of year	2018-12-31	$237,526
Value of interest in common/collective trusts at beginning of year	2018-12-31	$141,039
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-55,583
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$878
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$125,082
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	LBMC, PC
Accountancy firm EIN	2018-12-31	621199757
2017 : DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$505,914
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$37,777
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$31,506
Value of total corrective distributions	2017-12-31	$193
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$414,476
Value of total assets at end of year	2017-12-31	$981,401
Value of total assets at beginning of year	2017-12-31	$513,264
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$6,078
Total interest from all sources	2017-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$16,517
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$585,989
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$412,501
Participant contributions at end of year	2017-12-31	$5,501
Participant contributions at beginning of year	2017-12-31	$26,195
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$464
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$26,691
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$0
Other income not declared elsewhere	2017-12-31	$34,043
Administrative expenses (other) incurred	2017-12-31	$6,078
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$468,137
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$981,401
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$513,264
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$975,900
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$487,069
Value of interest in common/collective trusts at end of year	2017-12-31	$141,039
Value of interest in common/collective trusts at beginning of year	2017-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$91,438
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$1,511
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$31,506
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BDO USA, LLP
Accountancy firm EIN	2017-12-31	135381590
2016 : DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$514,203
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$939
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$939
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$509,273
Value of total assets at end of year	2016-12-31	$513,264
Value of total assets at beginning of year	2016-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$0
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$59,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$182,809
Participant contributions at end of year	2016-12-31	$26,195
Participant contributions at beginning of year	2016-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$326,464
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$513,264
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$513,264
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$487,069
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$4,930
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$939
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BDO USA, LLP
Accountancy firm EIN	2016-12-31	135381590

Form 5500 Responses for DIRECT AUCTION SERVICES, LLC 401(K) PLAN

2020: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: DIRECT AUCTION SERVICES, LLC 401(K) PLAN 2016 form 5500 responses
2016-07-20	Type of plan entity	Single employer plan
2016-07-20	First time form 5500 has been submitted	Yes
2016-07-20	Submission has been amended	Yes
2016-07-20	This submission is the final filing	No
2016-07-20	This return/report is a short plan year return/report (less than 12 months)	Yes
2016-07-20	Plan is a collectively bargained plan	No
2016-07-20	Plan funding arrangement – Insurance	Yes
2016-07-20	Plan funding arrangement – Trust	Yes
2016-07-20	Plan benefit arrangement – Insurance	Yes
2016-07-20	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70688 )

Policy contract number

517165-000

Policy instance

Insurance contract or identification number	517165-000
Number of Individuals Covered	1253
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

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Company Name:	DIRECT AUCTION SERVICES, LLC
Employer identification number (EIN):	264250602
NAIC Classification:	551112
NAIC Description:	Offices of Other Holding Companies

Jurisdiction of Incorporation:	Georgia Department of States Corporations Division
Incorporation Date:
Company Identification Number:	1423411