Plan Ledger DOL Form 5500 · updated monthly

Diakonia Group, LLC401(k)

DIAKONIA GROUP, LLC 401K PROFIT SHARING PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Diakonia Group, LLC reported $14,100 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,967 per active participant. 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.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 381st-largest of 1,496 plans among Tennessee employers on file, and the 4,126th of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 625 to 721 since 2022.

Plan summary
Net assets, end of year$33,860,357
Participants with balances850
Active participants721
Employer contributions$2,860,220
Employee contributions$4,186,546
Employer contribution per active participant$3,967
Average account balance$39,836
Benefits paid to participants$1,850,179
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.9M · 850 accts · $2.9M emplr
2023$22.1M · 716 accts · $2.6M emplr
2022$14.5M · 716 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,400
Total administrative$14,100
The Diakonia Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,967
Median for plans this size$2,416
2024$3,967 per active participant
2023$4,173 per active participant
2022$3,293 per active participant

Diakonia Group, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RPA FINANCIAL, LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$14,100 · 0.05%
2023$15,150 · 0.08%
2022$9,556 · 0.07%
Similar plansManufacturing · Tennessee
Elo Touch Solutions, Inc. TN$33.9M · 0.38%
Nasg Tennessee South, LLC TN$33.4M · 0.07%
Unipres U.S.A., Inc. TN$31.6M · 0.40%
Hunter Fan Company TN$30.8M · 0.37%
Tennsco, LLC TN$30.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460705501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.