How big is National Diamond Tool & Coating's plan?

National Diamond Tool & Coating's plan reported $1.6M in assets and 11 participants for 2024.

Original filing (PDF)20250818121954NAL0000624147001

National Diamond Tool & Coating

Name: National Diamond Tool & Coating — National Diamond, Form 5500 (2024)
Creator: National Diamond Tool & Coating
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

National Diamond Tool 401(k) Plan

401(k) retirement plan · National Diamond Tool & Coating's National Diamond Tool 401(k) Plan held $1.6M in plan assets for 11 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.6M

Net assets (EOY)

$1.6M

People on this filing

William Abersold signed National Diamond Tool & Coating's 2024 Form 5500 as plan administrator.

William Abersold — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

National Diamond Tool & Coating's EIN is 34-1771577.

EIN 34-1771577

Plan number 001

Plan year 2024

ACK ID 20250818121954NAL0000624147001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for National Diamond Tool & Coating from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

National Diamond Tool & Coating's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (91st percentile).

Plan sponsor

Name

NATIONAL DIAMOND TOOL & COATING

EIN

all filings

Address

801 SHARON DRIVE · WESTLAKE, OH · 44145

Phone

(440) 892-7877

Industry

Manufacturing

Plan administrator