Plan Ledger DOL Form 5500 · updated monthly

Diamond Technical Services, Inc.401(k)

DIAMOND TECHNICAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · BLAIRSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Diamond Technical Services, Inc. reported $775 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,011 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 0.009% to 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (1,991st of 3,651), and the 1,388th of 3,341 in other services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,311,964
Participants with balances149
Active participants179
Employer contributions$359,954
Employee contributions$771,985
Employer contribution per active participant$2,011
Average account balance$89,342
Benefits paid to participants$1,230,241
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES, BROWN & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 149 accts · $360K emplr
2023$11.6M · 137 accts · $318K emplr
2022$9.9M · 133 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$775
Total administrative$775
The Diamond Technical Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,011
Median for plans this size$2,416
2024$2,011 per active participant
2023$1,904 per active participant
2022$1,787 per active participant

Diamond Technical Services, Inc.'s 2024 employer contribution ran below 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.

Administrative cost history3
2024$775 · 0.01%
2023$875 · 0.01%
2022$913 · 0.01%
Similar plansOther Services · Pennsylvania
Aaa North Penn PA$14.6M · 0.45%
Lacarte Enterprises Inc PA$13.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251846070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.