Plan Ledger DOL Form 5500 · updated monthly

Diamond Surface, Inc.401(k)

DIAMOND SURFACE, INC. 401(K) PLAN · ROGERS, MN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Diamond Surface, Inc. reported $3,076 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,700 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 fell from 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,058th of 1,918), and the 2,425th of 5,337 in construction. In 2024, the employer put in $2.71 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,372,018
Participants with balances103
Active participants73
Employer contributions$781,127
Employee contributions$288,241
Employer contribution per active participant$10,700
Average account balance$149,243
Benefits paid to participants$1,826,870
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.4M · 103 accts · $781K emplr
2023$14.4M · 117 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,076
Total administrative$3,076
The Diamond Surface, Inc. 401(k) match · 2024
Employer contribution per active participant$10,700
Median for plans this size$2,416
2024$10,700 per active participant
2023$10,313 per active participant

Diamond Surface, Inc.'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.

Administrative cost history2
2024$3,076 · 0.02%
2023$3,315 · 0.03%
Similar plansConstruction · Minnesota
Anderson Group Inc. MN$15.8M · 0.36%
Water Resources Group, Inc. MN$15.5M · 0.32%
Vigen Construction, Inc. MN$14.4M · 0.26%
Idc Group, Inc. MN$14.1M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411639360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.