Plan Ledger DOL Form 5500 · updated monthly

Diesel Laptops, LLC401(k)

DIESEL LAPTOPS 401(K) PLAN · IRMO, SC · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Diesel Laptops, LLC reported $28,075 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,925 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 1.42% to 0.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in South Carolina (632nd of 807), and 10,394th of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 209 to 167 since 2022.

Plan summary
Net assets, end of year$3,397,819
Participants with balances196
Active participants167
Employer contributions$321,558
Employee contributions$711,546
Employer contribution per active participant$1,925
Average account balance$17,336
Benefits paid to participants$576,105
Plan auditUnmodified (clean) audit opinion
AuditorBAUKNIGHT, PIETRAS AND STORMER, P.A
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 196 accts · $322K emplr
2023$2.5M · 160 accts · $262K emplr
2022$1.4M · 199 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,618
Investment management$457
Total administrative$28,075
The Diesel Laptops, LLC 401(k) match · 2024
Employer contribution per active participant$1,925
Median for plans this size$1,313
2024$1,925 per active participant
2023$2,029 per active participant
2022$1,041 per active participant

Diesel Laptops, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,618

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$28,075 · 0.95%
2023$28,410 · 1.47%
2022$13,589 · 1.42%
Same employer
Similar plansProfessional & Technical Services · South Carolina
Itc Defense Corp SC$4.8M · 0.59%
Weeks & Irvine, LLC SC$4.5M · 0.38%
Bertrandt US, Inc. SC$2.8M · 0.24%
Acl Airshop, LLC SC$2.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260571017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.