Diamond Factory Service LLC401(k)
DIAMOND FACTORY SERVICE LLC 401(K) PROFIT SHARING PLAN & TRUST · BENTON HARBOR, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Diamond Factory Service LLC reported $1,554 in plan administrative expenses for 2024: 0.22% of average plan assets, lower than ~75% of peers. Employer contributions averaged $141 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 0.05% to 0.22%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Michigan (2,516th of 2,619), and 3,120th of 3,341 in other services. In 2024, employees put in $5.96 for every $1.00 the employer contributed.
Diamond Factory Service LLC's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 201534109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.