Plan Ledger DOL Form 5500 · updated monthly

Diamond Credit Union401(k)

DIAMOND CREDIT UNION 401(K) PLAN AND TRUST · POTTSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Diamond Credit Union reported $15,048 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,682 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 963rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,973rd of 4,798 in finance & insurance. In 2024, the employer put in $2.12 for every $1.00 employees contributed themselves; active participation has grown from 156 to 204 since 2022.

Plan summary
Net assets, end of year$39,737,841
Participants with balances234
Active participants204
Employer contributions$2,179,216
Employee contributions$1,027,419
Employer contribution per active participant$10,682
Average account balance$169,820
Benefits paid to participants$490,443
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.7M · 234 accts · $2.2M emplr
2023$32.7M · 199 accts · $1.9M emplr
2022$29.2M · 178 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,048
Total administrative$15,048
The Diamond Credit Union 401(k) match · 2024
Employer contribution per active participant$10,682
Median for plans this size$2,416
2024$10,682 per active participant
2023$10,231 per active participant
2022$10,688 per active participant

Diamond Credit Union's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241

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$15,048 · 0.04%
2023$12,492 · 0.04%
2022$15,099 · 0.05%
Same employer
Similar plansFinance & Insurance · Pennsylvania
Henderson Brothers, Inc. PA$40.2M · 0.20%
Tandigm Health, LLC PA$39.3M · 0.31%
Allegheny Financial Group PA$39.2M · 0.00%
Acnb Bank PA$38.2M · 0.09%
Qnb Corp. PA$37.1M

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Source: U.S. Department of Labor, Form 5500 series, EIN 231320654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.