Plan Ledger DOL Form 5500 · updated monthly

Dianne's Fine Desserts, Inc.401(k)

DIANNE'S FINE DESSERTS 401(K) RETIREMENT SAVINGS PLAN · NEWBURYPORT, MA · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Dianne's Fine Desserts, Inc. reported $24,858 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,205 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 rose from 0.13% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,417th of 2,726), and the 6,391st of 13,661 in manufacturing. In 2023, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,796,908
Participants with balances388
Active participants323
Employer contributions$389,343
Employee contributions$904,926
Employer contribution per active participant$1,205
Average account balance$45,868
Benefits paid to participants$2,652,155
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 141 accts · $105K emplr
2023$17.8M · 388 accts · $389K emplr
2022$16.2M · 389 accts · $427K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,858
Total administrative$24,858
The Dianne's Fine Desserts, Inc. 401(k) match · 2023
Employer contribution per active participant$1,205
Median for plans this size$2,440
2024$660 per active participant
2023$1,205 per active participant
2022$1,326 per active participant

Dianne's Fine Desserts, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$24,858

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$20,020 · 0.20%
2023$24,858 · 0.15%
2022$23,359 · 0.13%
Same employer
Similar plansManufacturing · Massachusetts
Modern Dispersions MA$18.3M · 0.36%
Conformis, Inc. MA$18.1M · 0.62%
Scheidt & Bachmann USA Inc. MA$18.0M · 0.47%
Electric Hydrogen Co MA$17.6M · 0.19%
Generation Bio Co. MA$17.4M · 0.02%
Demakes Enterprises, Inc. MA$17.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455132856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.