Direct Distributors, Inc. 401(k) Plan: Login, Facts & Contact Information

Direct Distributors, Inc. 401(k) Plan Facts

Plan name
DIRECT DISTRIBUTORS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DIRECT DISTRIBUTORS, INC.
Participants
366 (280 active employees)
Former employees with a balance
29
Plan assets
$11,876,862 at Dec 31, 2024
Average account balance
$42,117 across 282 accounts
Employer contributions
$280,267 in plan year 2024 (28% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1996
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.00 million went into the plan in contributions, $280,267 of it from the employer (28%).
  • $761,018 was paid out to participants.
  • Investment and other income added $1.26 million.
  • Administrative expenses were $88,467, about $314 per account.

How the Direct Distributors, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019409$8.86 million$221,785$845,619
2020419$10.4 million$230,780$673,445
2021347$12.1 million$245,350$464,082
2022370$9.41 million$269,775$1.32 million
2023346$10.5 million$272,296$1.51 million
2024366$11.9 million$280,267$761,018

Direct Distributors, Inc. 401(k) Contact Information

Phone
919-772-9722
Mailing address
100 PARTLO ST SUITE 100, GARNER NC 27529
Plan sponsor
DIRECT DISTRIBUTORS, INC.
Employer identification number (EIN)
56-0985207
Plan number
001

Questions about the Direct Distributors, Inc. 401(k)

Does Direct Distributors, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $280,267, 28% of all contributions.

Does the Direct Distributors, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Direct Distributors, Inc 401(k) plan?

366 participants at the start of plan year 2024, 280 of them active employees, and 29 former employees who still had money in the plan.

What is the average 401(k) balance at Direct Distributors, Inc?

About $42,117 per account: $11.9 million in plan assets across 282 accounts with a balance at the end of plan year 2024.

Who manages the Direct Distributors, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Direct Distributors, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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