Plan Snapshot
- Plan Sponsor: Diamondback Automotive Accessories INC.
- Sponsor EIN: 800065664
- Sponsor Address: 354 ENTERPRISE DR, PHILIPSBURG, PA, 16866
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 117
- Total Assets: $651,003
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 117 | $651,003 | $0 | $0 |
| 2024 | 120 | $276,453 | $1.2M | $270,641 |
| 2023 | 85 | $37,915 | $1.1M | $26,116 |
| 2022 | 106 | $69,922 | $807,150 | $246,890 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $87,174 | — | $87,174 |
| HIGHMARK WEST | Other Service Provider | $48,427 | — | $48,427 |
| VALHALLA BUSINESS ADVISORS | Investment Advisor | $38,799 | — | $38,799 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,400
- Estimated Expense Ratio: 26.789% of plan assets
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 | $1,327,398 | — | — | — | — |
| 2024 | $1,216,697 | — | — | — | — |
| 2023 | $1,149,166 | — | — | — | — |
| 2022 | $1,030,526 | — | — | — | — |