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DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameDIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN
Plan identification number 001

DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DIVERSIFIED AUTOMATION, INC. has sponsored the creation of one or more 401k plans.

Company Name:DIVERSIFIED AUTOMATION, INC.
Employer identification number (EIN):300196705
NAIC Classification:541330
NAIC Description:Engineering Services

Additional information about DIVERSIFIED AUTOMATION, INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 2005-08-12
Company Identification Number: 0800530880
Legal Registered Office Address: 1914 STANLEY GAULT PKWY

LOUISVILLE
United States of America (USA)
40223

More information about DIVERSIFIED AUTOMATION, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012020-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-01ANTHONY YOUNG2018-10-11
0012016-01-01ANTHONY YOUNG2017-10-11
0012015-01-01ANTHONY YOUNG2016-07-19
0012014-01-01ANTHONY YOUNG2015-07-29
0012013-01-01ANTHONY YOUNG2014-06-17
0012012-01-01ANTHONY YOUNG2013-07-08
0012011-01-01ANTHONY YOUNG2012-06-21
0012010-01-01ANTHONY YOUNG2011-07-26

Plan Statistics for DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2020: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01223
Total number of active participants reported on line 7a of the Form 55002020-01-015
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-01132
Total of all active and inactive participants2020-01-01137
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01137
Number of participants with account balances2020-01-01136
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01200
Total number of active participants reported on line 7a of the Form 55002019-01-01205
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0118
Total of all active and inactive participants2019-01-01223
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01223
Number of participants with account balances2019-01-01130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-019
2018: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01128
Total number of active participants reported on line 7a of the Form 55002018-01-01181
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-019
Total of all active and inactive participants2018-01-01190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01190
Number of participants with account balances2018-01-0196
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

Financial Data on DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2020 : DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$2,731,173
Total of all expenses incurred2020-12-31$266,386
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$260,379
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,347,083
Value of total assets at end of year2020-12-31$8,843,810
Value of total assets at beginning of year2020-12-31$6,379,023
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$6,007
Total interest from all sources2020-12-31$4,968
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$909,196
Participant contributions at end of year2020-12-31$15,265
Participant contributions at beginning of year2020-12-31$14,507
Participant contributions at end of year2020-12-31$-288
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$101,833
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$2,464,787
Value of net assets at end of year (total assets less liabilities)2020-12-31$8,843,810
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$6,379,023
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$6,007
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$8,432,584
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$6,072,368
Interest on participant loans2020-12-31$780
Interest earned on other investments2020-12-31$4,188
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$375,798
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$265,320
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$1,379,122
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$336,054
Employer contributions (assets) at end of year2020-12-31$20,451
Employer contributions (assets) at beginning of year2020-12-31$26,828
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$260,379
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31MCM CPAS & ADVISORS LLP
Accountancy firm EIN2020-12-31271235638
2019 : DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$2,560,129
Total of all expenses incurred2019-12-31$216,109
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$203,230
Expenses. Certain deemed distributions of participant loans2019-12-31$10,499
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,553,369
Value of total assets at end of year2019-12-31$6,379,023
Value of total assets at beginning of year2019-12-31$4,035,003
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$2,380
Total interest from all sources2019-12-31$8,098
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$500,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$939,743
Participant contributions at end of year2019-12-31$14,507
Participant contributions at beginning of year2019-12-31$33,924
Participant contributions at end of year2019-12-31$0
Participant contributions at beginning of year2019-12-31$387
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$265,766
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$2,344,020
Value of net assets at end of year (total assets less liabilities)2019-12-31$6,379,023
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,035,003
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$2,380
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$6,072,368
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$3,774,292
Interest on participant loans2019-12-31$5,678
Interest earned on other investments2019-12-31$2,420
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$265,320
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2019-12-31$207,686
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$998,662
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$347,860
Employer contributions (assets) at end of year2019-12-31$26,828
Employer contributions (assets) at beginning of year2019-12-31$18,714
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$203,230
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31MCM CPAS & ADVISORS LLP
Accountancy firm EIN2019-12-31271235638
2018 : DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,128
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$2,458
Total income from all sources (including contributions)2018-12-31$880,908
Total of all expenses incurred2018-12-31$32,700
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$31,609
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,220,436
Value of total assets at end of year2018-12-31$4,035,003
Value of total assets at beginning of year2018-12-31$3,187,125
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$1,091
Total interest from all sources2018-12-31$1,931
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$400,000
If this is an individual account plan, was there a blackout period2018-12-31No
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$702,551
Participant contributions at end of year2018-12-31$33,924
Participant contributions at beginning of year2018-12-31$39,731
Participant contributions at end of year2018-12-31$387
Participant contributions at beginning of year2018-12-31$115
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$300,911
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$711
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$2,128
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$2,458
Other income not declared elsewhere2018-12-31$-711
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$848,208
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,032,875
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$3,184,667
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$1,091
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$3,774,292
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$2,946,763
Interest on participant loans2018-12-31$1,931
Interest earned on other investments2018-12-31$2,440
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2018-12-31$207,686
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2018-12-31$192,046
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-340,748
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$216,974
Employer contributions (assets) at end of year2018-12-31$18,714
Employer contributions (assets) at beginning of year2018-12-31$7,759
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$31,609
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31TO BE DETERMINED
Accountancy firm EIN2018-12-31300196705

Form 5500 Responses for DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN

2020: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement – InsuranceYes
2020-01-01Plan benefit arrangement - TrustYes
2019: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement – InsuranceYes
2019-01-01Plan benefit arrangement - TrustYes
2018: DIVERSIFIED AUTOMATION INC. 401(K) PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedYes
2018-01-01Plan funding arrangement – InsuranceYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement – InsuranceYes
2018-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

DIVERSION AUTOMATION, INC. (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number873537
Policy instance 1
Insurance contract or identification number873537
Total amount of commissions paid to insurance brokerUSD $27,449
Total amount of fees paid to insurance companyUSD $3,198
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $27,449
Insurance broker organization code?3
Amount paid for insurance broker fees3198
DIVERSION AUTOMATION, INC. (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number873537
Policy instance 1
Insurance contract or identification number873537
Number of Individuals Covered130
Total amount of commissions paid to insurance brokerUSD $24,237
Total amount of fees paid to insurance companyUSD $2,279
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $24,237
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?3
Amount paid for insurance broker fees2279
DIVERSION AUTOMATION, INC. (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract number873537
Policy instance 1
Insurance contract or identification number873537
Number of Individuals Covered96
Total amount of commissions paid to insurance brokerUSD $18,548
Total amount of fees paid to insurance companyUSD $1,768
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $18,548
Amount paid for insurance broker fees0
Additional information about fees paid to insurance brokerBROKER COMMISSION
Insurance broker organization code?3

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