Plan Ledger DOL Form 5500 · updated monthly

Diamond Vogel, Inc.401(k)

DIAMOND VOGEL, INC. 401(K) PLAN · ORANGE CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Diamond Vogel, Inc. reported $168,882 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,397 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 0.26% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 116th-largest of 878 plans among Iowa employers on file, and the 2,231st of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 725 to 960 since 2022.

Plan summary
Net assets, end of year$81,034,915
Participants with balances1,299
Active participants960
Employer contributions$2,301,113
Employee contributions$5,228,953
Employer contribution per active participant$2,397
Average account balance$62,383
Benefits paid to participants$9,200,504
Plan auditUnmodified (clean) audit opinion
AuditorHENJES, CONNER & WILLIAMS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$81.0M · 1,299 accts · $2.3M emplr
2023$71.9M · 1,245 accts · $1.8M emplr
2022$59.3M · 1,072 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,054
Investment management$80,828
Total administrative$168,882
The Diamond Vogel, Inc. 401(k) match · 2024
Employer contribution per active participant$2,397
Median for plans this size$3,635
2024$2,397 per active participant
2023$1,910 per active participant
2022$2,090 per active participant

Diamond Vogel, Inc.'s 2024 employer contribution ran below the $3,635 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$88,054
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$49,812
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$31,016

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$168,882 · 0.22%
2023$156,420 · 0.24%
2022$170,174 · 0.26%
Same employer
Similar plansManufacturing · Iowa
Kinze Manufacturing, Inc. IA$90.9M · 0.11%
Flexsteel Industries, Inc. IA$85.9M · 0.12%
Sukup Manufacturing Company IA$85.2M · 0.51%
Mittera Group, Inc. IA$85.1M · 0.27%
Lisle Corporation IA$75.1M · 0.02%
Centro, Inc. IA$74.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421271908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.