2023 Form 5500 filing — Diamond Products Limited 401(K) And Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729094523NAL0012378099001) for Diamond Products Limited 401(K) And Profit Sharing Plan, reported by Diamond Products Limited under EIN 34-1664667 and plan number 002. It reports 332 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729094523NAL0012378099001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Diamond Products Limited
- EIN
- 34-1664667
- Plan number
- 002
- Location
- Elyria, OH
- Participants
- 332
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,556,198
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,556,198
- Employer contributions
- $1,124,564
- Participant contributions
- $1,863,922
- Total income / additions
- $10,415,911
- Benefits paid
- $7,326,362
- Administrative expenses
- $96,843
- Total expenses
- $7,423,205
- Net increase / (decrease)
- $2,992,706
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $46,687 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $43,848 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $12,426 | not reported in the loaded dataset |