401k Plan data: DIAMONDS DIRECT USA, INC. 401(K) PLAN plan

DIAMONDS DIRECT USA, INC. 401(K) PLAN 401k Plan overview

Plan Name	DIAMONDS DIRECT USA, INC. 401(K) PLAN
Plan identification number	001

DIAMONDS DIRECT USA, INC. 401(K) PLAN Benefits

401k Plan Type

Defined 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
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) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

DIAMONDS DIRECT USA, INC. has sponsored the creation of one or more 401k plans.

Company Name: DIAMONDS DIRECT USA, INC.

Employer identification number (EIN): 561949185

NAIC Classification: 448310
NAIC Description: Jewelry Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan DIAMONDS DIRECT USA, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-03 SCOTT CONLEY DAVE MOORE 2018-07-30

Plan Statistics for DIAMONDS DIRECT USA, INC. 401(K) PLAN

401k plan membership statisitcs for DIAMONDS DIRECT USA, INC. 401(K) PLAN

Measure Date Value
2022: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 616
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 117
2021: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 548
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 580
Number of retired or separated participants receiving benefits 2021-01-01 4
Number of other retired or separated participants entitled to future benefits 2021-01-01 20
Total of all active and inactive participants 2021-01-01 604
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 604
Number of participants with account balances 2021-01-01 232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 17
2020: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 611
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 520
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 18
Total of all active and inactive participants 2020-01-01 539
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 539
Number of participants with account balances 2020-01-01 187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 7
2019: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 496
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 590
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 13
Total of all active and inactive participants 2019-01-01 603
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 603
Number of participants with account balances 2019-01-01 156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 5
2018: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 428
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 477
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 18
Total of all active and inactive participants 2018-01-01 495
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 1
Total participants 2018-01-01 496
Number of participants with account balances 2018-01-01 94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 4
2017: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-03 0
Total number of active participants reported on line 7a of the Form 5500 2017-01-03 423
Number of retired or separated participants receiving benefits 2017-01-03 0
Number of other retired or separated participants entitled to future benefits 2017-01-03 5
Total of all active and inactive participants 2017-01-03 428
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-03 0
Total participants 2017-01-03 428
Number of participants with account balances 2017-01-03 86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-03 3

Measure	Date	Value
2022: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	616
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	117
2021: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	548
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	580
Number of retired or separated participants receiving benefits	2021-01-01	4
Number of other retired or separated participants entitled to future benefits	2021-01-01	20
Total of all active and inactive participants	2021-01-01	604
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	604
Number of participants with account balances	2021-01-01	232
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	17
2020: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	611
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	520
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	18
Total of all active and inactive participants	2020-01-01	539
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	539
Number of participants with account balances	2020-01-01	187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	7
2019: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	496
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	590
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	13
Total of all active and inactive participants	2019-01-01	603
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	603
Number of participants with account balances	2019-01-01	156
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	5
2018: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	428
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	477
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	18
Total of all active and inactive participants	2018-01-01	495
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	1
Total participants	2018-01-01	496
Number of participants with account balances	2018-01-01	94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	4
2017: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-03	0
Total number of active participants reported on line 7a of the Form 5500	2017-01-03	423
Number of retired or separated participants receiving benefits	2017-01-03	0
Number of other retired or separated participants entitled to future benefits	2017-01-03	5
Total of all active and inactive participants	2017-01-03	428
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-03	0
Total participants	2017-01-03	428
Number of participants with account balances	2017-01-03	86
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-03	3

Financial Data on DIAMONDS DIRECT USA, INC. 401(K) PLAN

Measure	Date	Value
2022 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-10-31	$0
Total transfer of assets from this plan	2022-10-31	$6,714,234
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-10-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-10-31	$0
Total income from all sources (including contributions)	2022-10-31	$-133,286
Total loss/gain on sale of assets	2022-10-31	$0
Total of all expenses incurred	2022-10-31	$183,996
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-10-31	$134,252
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-10-31	$1,680,563
Value of total assets at end of year	2022-10-31	$0
Value of total assets at beginning of year	2022-10-31	$7,031,516
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-10-31	$49,744
Total interest from all sources	2022-10-31	$2,711
Total dividends received (eg from common stock, registered investment company shares)	2022-10-31	$14,497
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-10-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-10-31	$14,497
Administrative expenses professional fees incurred	2022-10-31	$1,590
Was this plan covered by a fidelity bond	2022-10-31	Yes
Value of fidelity bond cover	2022-10-31	$500,000
If this is an individual account plan, was there a blackout period	2022-10-31	Yes
Were there any nonexempt tranactions with any party-in-interest	2022-10-31	No
Contributions received from participants	2022-10-31	$1,410,909
Participant contributions at end of year	2022-10-31	$0
Participant contributions at beginning of year	2022-10-31	$53,960
Income. Received or receivable in cash from other sources (including rollovers)	2022-10-31	$44,559
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-10-31	No
Value of net income/loss	2022-10-31	$-317,282
Value of net assets at end of year (total assets less liabilities)	2022-10-31	$0
Value of net assets at beginning of year (total assets less liabilities)	2022-10-31	$7,031,516
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-10-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-10-31	No
Were any leases to which the plan was party in default or uncollectible	2022-10-31	No
Investment advisory and management fees	2022-10-31	$7,883
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-10-31	$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-10-31	$6,701,148
Interest on participant loans	2022-10-31	$2,711
Value of interest in common/collective trusts at end of year	2022-10-31	$0
Value of interest in common/collective trusts at beginning of year	2022-10-31	$276,408
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-10-31	$-1,831,357
Net investment gain or loss from common/collective trusts	2022-10-31	$300
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-10-31	No
Was there a failure to transmit to the plan any participant contributions	2022-10-31	No
Has the plan failed to provide any benefit when due under the plan	2022-10-31	No
Contributions received in cash from employer	2022-10-31	$225,095
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-10-31	$134,252
Contract administrator fees	2022-10-31	$40,271
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2022-10-31	Yes
Did the plan have assets held for investment	2022-10-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-10-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-10-31	Yes
Opinion of an independent qualified public accountant for this plan	2022-10-31	Unqualified
Accountancy firm name	2022-10-31	FORVIS, LLP
Accountancy firm EIN	2022-10-31	440160260
2021 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$2,630,951
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$412,113
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$278,864
Value of total corrective distributions	2021-12-31	$85,629
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,771,230
Value of total assets at end of year	2021-12-31	$7,031,516
Value of total assets at beginning of year	2021-12-31	$4,812,678
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$47,620
Total interest from all sources	2021-12-31	$4,534
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$355,799
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$355,799
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$1,496,625
Participant contributions at end of year	2021-12-31	$53,960
Participant contributions at beginning of year	2021-12-31	$85,996
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$42,576
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$2,218,838
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$7,031,516
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$4,812,678
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$6,701,148
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$4,538,902
Interest on participant loans	2021-12-31	$4,534
Value of interest in common/collective trusts at end of year	2021-12-31	$276,408
Value of interest in common/collective trusts at beginning of year	2021-12-31	$187,780
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$497,339
Net investment gain or loss from common/collective trusts	2021-12-31	$2,049
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$232,029
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$278,864
Contract administrator fees	2021-12-31	$47,620
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	FORVIS, LLP
Accountancy firm EIN	2021-12-31	440160260
2020 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,119,632
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$358,743
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$244,479
Value of total corrective distributions	2020-12-31	$84,038
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,425,746
Value of total assets at end of year	2020-12-31	$4,812,678
Value of total assets at beginning of year	2020-12-31	$3,051,789
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$30,226
Total interest from all sources	2020-12-31	$5,193
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$158,879
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$158,879
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$1,050,398
Participant contributions at end of year	2020-12-31	$85,996
Participant contributions at beginning of year	2020-12-31	$100,765
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$202,132
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,760,889
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$4,812,678
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$3,051,789
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$4,538,902
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$2,923,573
Interest on participant loans	2020-12-31	$5,193
Value of interest in common/collective trusts at end of year	2020-12-31	$187,780
Value of interest in common/collective trusts at beginning of year	2020-12-31	$27,451
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$529,148
Net investment gain or loss from common/collective trusts	2020-12-31	$666
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$173,216
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$244,479
Contract administrator fees	2020-12-31	$30,226
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2020-12-31	560747981
2019 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,736,224
Total income from all sources (including contributions)	2019-12-31	$1,736,224
Total loss/gain on sale of assets	2019-12-31	$36,711
Total loss/gain on sale of assets	2019-12-31	$36,711
Total of all expenses incurred	2019-12-31	$240,217
Total of all expenses incurred	2019-12-31	$240,217
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$160,728
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$160,728
Value of total corrective distributions	2019-12-31	$59,513
Value of total corrective distributions	2019-12-31	$59,513
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,269,802
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,269,802
Value of total assets at end of year	2019-12-31	$3,051,789
Value of total assets at end of year	2019-12-31	$3,051,789
Value of total assets at beginning of year	2019-12-31	$1,555,782
Value of total assets at beginning of year	2019-12-31	$1,555,782
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$19,976
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$19,976
Total interest from all sources	2019-12-31	$2,318
Total interest from all sources	2019-12-31	$2,318
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$117,628
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$117,628
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$117,628
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$117,628
Administrative expenses professional fees incurred	2019-12-31	$19,008
Administrative expenses professional fees incurred	2019-12-31	$19,008
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$813,101
Contributions received from participants	2019-12-31	$813,101
Participant contributions at end of year	2019-12-31	$100,765
Participant contributions at end of year	2019-12-31	$100,765
Participant contributions at beginning of year	2019-12-31	$11,835
Participant contributions at beginning of year	2019-12-31	$11,835
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$317,260
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$317,260
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,496,007
Value of net income/loss	2019-12-31	$1,496,007
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,051,789
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$3,051,789
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,555,782
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$1,555,782
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Investment advisory and management fees	2019-12-31	$968
Investment advisory and management fees	2019-12-31	$968
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$2,923,573
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,528,941
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$1,528,941
Interest on participant loans	2019-12-31	$2,318
Interest on participant loans	2019-12-31	$2,318
Value of interest in common/collective trusts at end of year	2019-12-31	$27,451
Value of interest in common/collective trusts at end of year	2019-12-31	$27,451
Value of interest in common/collective trusts at beginning of year	2019-12-31	$15,006
Value of interest in common/collective trusts at beginning of year	2019-12-31	$15,006
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$309,268
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$309,268
Net investment gain or loss from common/collective trusts	2019-12-31	$497
Net investment gain or loss from common/collective trusts	2019-12-31	$497
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$139,441
Contributions received in cash from employer	2019-12-31	$139,441
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$160,728
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$160,728
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Aggregate proceeds on sale of assets	2019-12-31	$441,237
Aggregate proceeds on sale of assets	2019-12-31	$441,237
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$404,526
Aggregate carrying amount (costs) on sale of assets	2019-12-31	$404,526
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm name	2019-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2019-12-31	560747981
Accountancy firm EIN	2019-12-31	560747981
2018 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources (including contributions)	2018-12-31	$841,556
Total loss/gain on sale of assets	2018-12-31	$5,274
Total of all expenses incurred	2018-12-31	$49,288
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$36,621
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$935,483
Value of total assets at end of year	2018-12-31	$1,555,782
Value of total assets at beginning of year	2018-12-31	$763,514
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$12,667
Total interest from all sources	2018-12-31	$182
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$73,094
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$73,094
Administrative expenses professional fees incurred	2018-12-31	$12,170
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$721,246
Participant contributions at end of year	2018-12-31	$11,835
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$72,070
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$792,268
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$1,555,782
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$763,514
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Investment advisory and management fees	2018-12-31	$497
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$1,528,941
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$755,555
Interest on participant loans	2018-12-31	$182
Value of interest in common/collective trusts at end of year	2018-12-31	$15,006
Value of interest in common/collective trusts at beginning of year	2018-12-31	$7,959
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-172,670
Net investment gain or loss from common/collective trusts	2018-12-31	$193
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$142,167
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$36,621
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Aggregate proceeds on sale of assets	2018-12-31	$218,802
Aggregate carrying amount (costs) on sale of assets	2018-12-31	$213,528
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2018-12-31	560747981
2017 : DIAMONDS DIRECT USA, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$787,001
Total loss/gain on sale of assets	2017-12-31	$4,684
Total of all expenses incurred	2017-12-31	$23,487
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$21,321
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$713,507
Value of total assets at end of year	2017-12-31	$763,514
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$2,166
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$27,075
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$27,075
Administrative expenses professional fees incurred	2017-12-31	$1,993
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$447,639
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$180,039
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$763,514
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$763,514
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$173
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$755,555
Value of interest in common/collective trusts at end of year	2017-12-31	$7,959
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$41,669
Net investment gain or loss from common/collective trusts	2017-12-31	$66
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$85,829
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$21,321
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$113,394
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$108,710
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	DIXON HUGHES GOODMAN, LLP
Accountancy firm EIN	2017-12-31	560747981

Form 5500 Responses for DIAMONDS DIRECT USA, INC. 401(K) PLAN

2022: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: DIAMONDS DIRECT USA, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-03	Type of plan entity	Single employer plan
2017-01-03	First time form 5500 has been submitted	Yes
2017-01-03	This return/report is a short plan year return/report (less than 12 months)	Yes
2017-01-03	Plan funding arrangement – Trust	Yes
2017-01-03	Plan benefit arrangement - Trust	Yes

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Company Name:	DIAMONDS DIRECT USA, INC.
Employer identification number (EIN):	561949185
NAIC Classification:	448310
NAIC Description:	Jewelry Stores