2023 Form 5500 filing — Diamond Bank 401(K) 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 20240814090344NAL0006400243001) for Diamond Bank 401(K) Plan, reported by Diamond Bank under EIN 71-0141380 and plan number 001. It reports 184 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240814090344NAL0006400243001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Diamond Bank
- EIN
- 71-0141380
- Plan number
- 001
- Location
- Hot Springs, AR
- Participants
- 184
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,550,377
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,550,377
- Employer contributions
- $288,507
- Participant contributions
- $720,059
- Total income / additions
- $2,348,809
- Benefits paid
- $249,976
- Administrative expenses
- $43,473
- Total expenses
- $293,449
- Net increase / (decrease)
- $2,055,360
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prime Capital Investment Advisors | ADVISOR | $22,724 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORD-KEEPER | $16,794 | $0 |