Plan Ledger DOL Form 5500 · updated monthly

Diamond Event, Inc.401(k)

DIAMOND EVENT 401(K) PLAN · SALT LAKE CITY, UT · plan year 2023

Reported admin expense ratio · 2023
1.23%

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

Diamond Event, Inc. reported $36,633 in plan administrative expenses for 2023: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,725 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 1 year on file its reported administrative ratio rose from 1.11% to 1.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Utah (677th of 848), and 1,684th of 2,096 in real estate & leasing. In 2023, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,531,317
Participants with balances180
Active participants125
Employer contributions$215,615
Employee contributions$295,105
Employer contribution per active participant$1,725
Average account balance$19,618
Benefits paid to participants$69,027
Plan auditUnmodified (clean) audit opinion
AuditorWSRP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $172K emplr
2023$3.5M · 180 accts · $216K emplr
2022$2.4M · 141 accts · $133K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,099
Investment management$14,284
Total administrative$36,633
The Diamond Event, Inc. 401(k) match · 2023
Employer contribution per active participant$1,725
Median for plans this size$1,308
2023$1,725 per active participant
2022$1,071 per active participant

Diamond Event, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$14,284
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$2,250
EMPOWER ADVISORY GROUP, LLC · Investment management$1,381

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

Administrative cost history3
2024Not separately reported
2023$36,633 · 1.23%
2022$29,529 · 1.11%
Similar plansReal Estate & Leasing · Utah
Ranlife, Inc. UT$7.2M · 0.16%
Canopy Mortgage, LLC UT$5.5M · 0.90%
Homie Technology Inc. UT$1.8M · 2.36%
Everest Realty Group UT$825K · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870398010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.