Retirement plan

DIAMOND PRODUCTS 401(K) AND PROFIT SHARING PLAN

Name: DIAMOND PRODUCTS LIMITED - DIAMOND PRODUCTS 401(K) AND PROFIT SHARING PLAN (2015) Form 5500
Creator: DIAMOND PRODUCTS LIMITED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIAMOND PRODUCTS 401(K) AND PROFIT SHARING PLAN, DIAMOND PRODUCTS LIMITED

DIAMOND PRODUCTS LIMITEDEIN 34-1664667Plan #002PY 2015

333 PROSPECT STREET - ELYRIA, OH 44035440-323-4616diamondproducts.comLinkedIn201-500 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$32M

No prior year

Total participants

311

No prior year

Average account balance

$108,616

No prior year

Annual return

1.20%

No prior year

Benchmarks

See 2,226 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,226 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$55.73M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$152K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

367

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$281

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
POLCAR,/WELLS1+ years Service code 49 MAILCODE MO3970 · ST. LOUIS, MO 63103	Other Services	$89,569
DEAWM TRUST COMPANY1+ years Service code 99	Other Fees	$1,750
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 37 · EIN 13-3036745	Loan Processing	$855
ADP BROKER-DEALER1+ years Service code 59 · EIN 22-3319984	Shareholder Servicing	$0
DEAM DISTRIBUTORS, INC.1+ years Filed as: DEAWM DISTRIBUTORS, INC. Service code 63 · EIN 36-3976708	12b-1 Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
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 contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$855

$3 / participant

Other / not subdivided$855100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CARD PALMER SIBBISON & CO.
Auditor EIN: 341599718
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,616

$72,770+49.3%

$67,652+60.6%

$55,191+96.8%

Participation rate

94.1%

78.8%+15.4pp

75.7%+18.5pp

69.2%+25.0pp

Annual return

1.20%

-3.26%+4.5pp

6625.40%-6624.2pp

10.78%-9.6pp

Employer contribution / active EE

$1,972

$1,769+11.4%

$2,266-13.0%

$1,899+3.8%

Participant deferral / active EE

$3,663

$3,408+7.5%

$3,560+2.9%

$3,046+20.2%

Admin fee / account holder

$79-96.3%

$4,821-99.9%

$91-96.8%

Provider

Service type

Compensation

POLCAR,/WELLS1+ years

Service code 49

MAILCODE MO3970 · ST. LOUIS, MO 63103

Other Services

$89,569

DEAWM TRUST COMPANY1+ years

Service code 99

Other Fees

$1,750

ADP BROKER-DEALER1+ years

Filed as: ADP, LLC

Service code 37 · EIN 13-3036745

Loan Processing

$855

ADP BROKER-DEALER1+ years

Service code 59 · EIN 22-3319984

Shareholder Servicing

DEAM DISTRIBUTORS, INC.1+ years

Filed as: DEAWM DISTRIBUTORS, INC.

Service code 63 · EIN 36-3976708

12b-1 Fees

DIAMOND PRODUCTS 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIAMOND PRODUCTS 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion