Diamond Residential Mortgage Corporation 401(K) Plan — Form 5500 plan (Diamond Residential Mortgage Cor)

Plain-English plan 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, Diamond Residential Mortgage Corporation 401(K) Plan is a benefit plan reported by Diamond Residential Mortgage Cor under EIN 27-0222046 and plan number 001. The latest loaded filing year is 2023. The filing reports 221 participants and $9,524,908 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.5MPlan net assets, end of year$9,524,908
Participants221Covered participants reported
Assets / participant$43.1KComputed: assets ÷ participants$43,099 (computed)
Provider compensation$3.3K2 Schedule C provider row(s)$3,326
Plan sponsor
Diamond Residential Mortgage Cor
EIN
27-0222046
Plan number
001
Plan type
2
Location
Lake Forest, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023221H, C20240627050945NAL0020561218001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9.5M total assets
Net assets$9.5MLiabilities$0
Money in vs. money out
Total income / additions$2.1M
Total expenses$571.8K
Benefits paid / distributions$568.5K
Contributions
Employer$229
Participant$744.5K
Full reported line items

Net assets

Total assets (EOY)
$9,524,908
Total liabilities (EOY)
$0
Net assets (EOY)
$9,524,908
Net assets (BOY)
$7,954,459

Income & contributions

Employer contributions
$229
Participant contributions
$744,505
Total contributions
$744,734
Total income / additions
$2,142,254

Expenses & distributions

Benefits paid
$568,478
Administrative expenses
$3,327
Total expenses
$571,805
Net increase / (decrease)
$1,570,449
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$3,326$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages