Plan Snapshot
- Plan Sponsor: Diversified Coatings, INC.
- Sponsor EIN: 251738528
- Sponsor Address: 224 RIVER RD., RIDGWAY, PA, 15853
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 161 | $7.4M | $159,616 | $521,176 |
| 2023 | 166 | $6.7M | $174,941 | $563,159 |
| 2022 | 161 | $5.8M | $168,798 | $529,663 |
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 |
|---|---|---|---|---|
| MCGILL,POWER,BELL & ASSOCIATES LLP | 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 |
|---|---|---|---|---|---|
| 2024 | $4,772 | $3,572 | — | — | — |
| 2023 | $3,598 | $2,798 | — | — | — |
| 2022 | $1,196 | $624 | — | — | — |