Plan Ledger DOL Form 5500 · updated monthly

Diligent Corporation401(k)

DILIGENT CORPORATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Diligent Corporation reported $105,034 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $5,670 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 0.14% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 917th-largest of 5,648 plans among New York employers on file, and the 1,764th of 11,654 in professional & technical services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has shrunk from 692 to 485 since 2022.

Plan summary
Net assets, end of year$84,427,413
Participants with balances720
Active participants485
Employer contributions$2,750,069
Employee contributions$6,102,116
Employer contribution per active participant$5,670
Average account balance$117,260
Benefits paid to participants$11,413,326
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.4M · 720 accts · $2.8M emplr
2023$74.5M · 812 accts · $3.2M emplr
2022$61.4M · 854 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,867
Investment management$37,500
Total administrative$105,034
The Diligent Corporation 401(k) match · 2024
Employer contribution per active participant$5,670
Median for plans this size$3,635
2024$5,670 per active participant
2023$4,037 per active participant
2022$4,698 per active participant

Diligent Corporation's 2024 employer contribution ran above the $3,635 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
GALLAGHER FIDUCIARY ADVISORS LLC · Consulting · Investment advisory (plan)$54,167
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,867

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$105,034 · 0.13%
2023$65,707 · 0.10%
2022$86,379 · 0.14%
Same employer
Similar plansProfessional & Technical Services · New York
Icapital Network, Inc NY$85.4M · 0.27%
Socotec, Inc. NY$82.7M · 0.32%
Herrick, Feinstein LLP NY$82.1M · 0.13%
Calspan Corporation NY$80.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811402466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.