How much does Dienen, Inc. contribute to its ESOP?

In 2022, employer contributions to the Dienen, Inc. plan averaged $160,867 per active participant, above the $2,266 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Dienen, Inc. 401(k)?

The average participant account balance was $204,132 for plan year 2022, based on 257 accounts.

Dienen, Inc.ESOP

Name: Dienen, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

DIENEN, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SOUTH BEND, IN · plan year 2022

Employer contribution per participant · 2022

$160,867

Dienen, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $52,461,865 across 257 participant accounts, with employer contributions averaging $160,867 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 275th-largest of 1,562 plans among Indiana employers on file, and the 1,798th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$52,461,865
Participants with balances257
Active participants7
Employer contributions$1,126,072
Employee contributions—
Employer contribution per active participant$160,867
Average account balance$204,132
Benefits paid to participants$383,726
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP

Plan history2

Yearassets · accounts · employer contribution

2023$12K · 3 accts · $157K emplr

2022$52.5M · 257 accts · $1.1M emplr

Employer contributions to the Dienen, Inc. plan · 2022

Employer contribution per active participant$160,867

Median for plans this size$2,266

Dienen, Inc.'s 2022 employer contribution ran above the $2,266 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.

Administrative cost history2

2023Not separately reported

2022Not separately reported

All plans at this employer2

DIENEN INC.401(k)

DIENEN, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP

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Source: U.S. Department of Labor, Form 5500 series, EIN 271567078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.