Plan Ledger DOL Form 5500 · updated monthly

Diamondback Automotive Accessories401(k)

DIAMONDBACK AUTOMOTIVE ACCESSORIES 401 (K) PROFIT SHARING & TRUST · PHILIPSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Diamondback Automotive Accessories reported $38,843 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $4,608 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 3 years on file its reported administrative ratio has held roughly steady near 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,691st of 3,651), and 3,371st of 5,215 in retail trade. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 116 to 152 since 2022.

Plan summary
Net assets, end of year$6,500,204
Participants with balances165
Active participants152
Employer contributions$700,443
Employee contributions$542,577
Employer contribution per active participant$4,608
Average account balance$39,395
Benefits paid to participants$418,815
Plan auditUnmodified (clean) audit opinion
AuditorBOYER AND RITTER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 165 accts · $700K emplr
2023$4.7M · 132 accts · $619K emplr
2022$3.1M · 129 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,858
Investment management$6,985
Total administrative$38,843
The Diamondback Automotive Accessories 401(k) match · 2024
Employer contribution per active participant$4,608
Median for plans this size$1,313
2024$4,608 per active participant
2023$5,337 per active participant
2022$4,332 per active participant

Diamondback Automotive Accessories's 2024 employer contribution ran above the $1,313 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.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,632
COMMONWEALTH FINANCIAL · Investment advisory (plan)$6,986

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$38,843 · 0.70%
2023$21,145 · 0.54%
2022$20,105 · 0.67%
Same employer
Similar plansRetail Trade · Pennsylvania
Primitives by Kathy, Inc. PA$6.9M · 0.10%
The Rosado Group PA$6.7M · 0.09%
Turner Automotive Corp. PA$6.5M · 0.71%
Shults Ford, Inc. PA$6.4M · 0.70%
Marwen, Inc. PA$6.3M · 0.62%
Klingensmith Drug, Inc. PA$6.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800065664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.