Plan Snapshot
- Plan Sponsor: Diamond Factory Service LLC
- Sponsor EIN: 201534109
- Sponsor Address: 2611 M 139, BENTON HARBOR, MI, 490226415
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 76
- Total Assets: $733,373
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 76 | $733,373 | $10,970 | $69,391 |
| 2024 | 81 | $770,726 | $11,390 | $67,906 |
| 2023 | 82 | $623,020 | $11,754 | $62,385 |
| 2022 | 82 | $475,454 | $10,597 | $58,663 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KRUGGEL LAWTON & COMPANY LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $225,291 | — | — | — | — |
| 2024 | $1,554 | — | $1,554 | — | — |
| 2023 | $285 | — | $285 | — | — |
| 2022 | $147,093 | — | — | — | — |