Plan Ledger DOL Form 5500 · updated monthly

Diesel Equipment Company, Inc.401(k)

THE DIESEL EQUIPMENT COMPANY, INC. SAVINGS PLAN AND TRUST · MONTGOMERY, AL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Diesel Equipment Company, Inc. reported $25,666 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,494 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 0.11% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 327th-largest of 902 plans among Alabama employers on file, and the 2,099th of 4,246 in wholesale trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,719,760
Participants with balances335
Active participants372
Employer contributions$555,801
Employee contributions$1,384,614
Employer contribution per active participant$1,494
Average account balance$52,895
Benefits paid to participants$2,282,145
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 335 accts · $556K emplr
2023$16.1M · 317 accts · $515K emplr
2022$13.4M · 246 accts · $411K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,666
Total administrative$25,666
The Diesel Equipment Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,494
Median for plans this size$2,416
2024$1,494 per active participant
2023$1,403 per active participant
2022$1,141 per active participant

Diesel Equipment Company, Inc.'s 2024 employer contribution ran below the $2,416 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 · 202410
VOYA RETIREMENT INS. AND ANNUITY CO · Investment advisory (participants)$12,859
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,395
ONEASCENT FINANCIAL SERVICES, LLC · Investment advisory (plan)$3,732
LEAFHOUSE FINANCIAL ADVISORS$933
ERISA SERVICES INC. · Contract administrator$375
VOYA RETIREMENT INS. AND ANNUITY CO · Other servicesindirect comp
VOYA RETIREMENT INS. AND ANNUITY CO · Other servicesindirect comp
VOYA RETIREMENT INS. AND ANNUITY CO · Investment advisory (plan)indirect comp
VOYA RETIREMENT INS. AND ANNUITY CO · Investment advisory (plan)indirect comp

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$25,666 · 0.15%
2023$19,668 · 0.13%
2022$15,832 · 0.11%
Similar plansWholesale Trade · Alabama
Saginaw Pipe Company, Inc. AL$21.6M · 0.32%
McGriff Industries, Inc. AL$19.7M · 0.26%
Red Diamond, Inc. AL$15.9M · 0.48%
Gabriella White, LLC AL$13.4M · 0.62%
Sabel Steel Service, Inc. AL$13.1M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630477318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.