Diversified Coatings, Inc 401(K) Retirement Savings Plan — Form 5500 plan (Diversified Coatings, Inc.)

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, Diversified Coatings, Inc 401(K) Retirement Savings Plan is a benefit plan reported by Diversified Coatings, Inc. under EIN 25-1738528 and plan number 001. The latest loaded filing year is 2023. The filing reports 192 participants and $6,655,492 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.7MPlan net assets, end of year$6,655,492
Participants192Covered participants reported
Assets / participant$34.7KComputed: assets ÷ participants$34,664 (computed)
Provider compensation$8001 Schedule C provider row(s)
Plan sponsor
Diversified Coatings, Inc.
EIN
25-1738528
Plan number
001
Plan type
2
Location
Ridgeway, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023192H, C20241015093609NAL0029147921001
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)$6.7M total assets
Net assets$6.7MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$844.1K
Benefits paid / distributions$814.1K
Contributions
Employer$174.9K
Participant$563.2K
Full reported line items

Net assets

Total assets (EOY)
$6,655,492
Total liabilities (EOY)
$0
Net assets (EOY)
$6,655,492
Net assets (BOY)
$5,815,248

Income & contributions

Employer contributions
$174,941
Participant contributions
$563,159
Total contributions
$766,110
Total income / additions
$1,684,302

Expenses & distributions

Benefits paid
$814,097
Administrative expenses
$3,598
Total expenses
$844,058
Net increase / (decrease)
$840,244
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 24%Participant 76%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$800$02023

Related Form 5500 pages