Diamond Bank 401(K) Plan — Form 5500 plan (Diamond Bank)
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 Bank 401(K) Plan is a benefit plan reported by Diamond Bank under EIN 71-0141380 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $9,550,377 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Diamond Bank
- EIN
- 71-0141380
- Plan number
- 001
- Plan type
- 2
- Location
- Hot Springs, AR
- Latest filing year
- 2023
- Participants
- 184
- End-of-year plan assets
- $9,550,377
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 184 | H, C | 20240814090344NAL0006400243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,550,377
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,550,377
- Net assets (BOY)
- $7,495,017
Income & contributions
- Employer contributions
- $288,507
- Participant contributions
- $720,059
- Total contributions
- $1,116,734
- Total income / additions
- $2,348,809
Expenses & distributions
- Benefits paid
- $249,976
- Administrative expenses
- $43,473
- Total expenses
- $293,449
- Net increase / (decrease)
- $2,055,360
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prime Capital Investment Advisors | ADVISOR | $22,724 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORD-KEEPER | $16,794 | $0 | 2023 |