What are the fees in the Diag Partners 401(k) plan?

For plan year 2022, Diag Partners reported $11,310 in plan administrative expenses, or 0.52% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Diag Partners 401(k)?

The average participant account balance was $25,913 for plan year 2022, based on 74 accounts.

Diag Partners401(k)

Name: Diag Partners 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

DIAG PARTNERS 401(K) PLAN · BEVERLY HILLS, MI · plan year 2022

Reported admin expense ratio · 2022

0.52%

Diag Partners reported $11,310 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (2,370th of 2,619), and 1,960th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$1,917,573
Participants with balances74
Active participants61
Employer contributions—
Employee contributions$302,562
Employer contribution per active participant—
Average account balance$25,913
Benefits paid to participants$428,337
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP

Administrative expenses, itemized · 2022

Professional / advisory$11,310

Total administrative$11,310

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$11,310 · 0.52%

Same employer

Diag Partners's health & benefits plan: carriers, premiums & broker pay

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Source: U.S. Department of Labor, Form 5500 series, EIN 453948617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.