Plan Ledger DOL Form 5500 · updated monthly

Diamondback Manufacturing LLC401(k)

DIAMONDBACK MANUFACTURING LLC 401(K) PROFIT SHARING PLAN & TRUST · COCOA, FL · plan year 2024

Reported admin expense ratio · 2024
1.25%

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

Diamondback Manufacturing LLC reported $38,533 in plan administrative expenses for 2024: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,407 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 1.46% to 1.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,781st of 3,644), and 11,989th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 239 to 180 since 2022.

Plan summary
Net assets, end of year$3,547,739
Participants with balances187
Active participants180
Employer contributions$253,302
Employee contributions$525,525
Employer contribution per active participant$1,407
Average account balance$18,972
Benefits paid to participants$221,193
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 187 accts · $253K emplr
2023$2.6M · 181 accts · $248K emplr
2022$1.9M · 211 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,374
Investment management$35,159
Total administrative$38,533
The Diamondback Manufacturing LLC 401(k) match · 2024
Employer contribution per active participant$1,407
Median for plans this size$1,313
2024$1,407 per active participant
2023$1,408 per active participant
2022$819 per active participant

Diamondback Manufacturing LLC's 2024 employer contribution ran above the $1,313 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$3,374
FISHER INVESTMENTS · Investment advisory (plan)$35,159

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,533 · 1.25%
2023$27,205 · 1.21%
2022$26,606 · 1.46%
Same employer
Similar plansManufacturing · Florida
Nordis, LLC FL$3.7M · 0.71%
Medicine-On-Time, LLC FL$3.7M · 0.32%
Art Headquarters, LLC FL$3.5M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592972832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.