Plan Ledger DOL Form 5500 · updated monthly

Diversified Management Corporation401(k)

KEY AUTO GROUP 401(K) PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Diversified Management Corporation reported $91,494 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,210 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 0.47% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 183rd-largest of 411 plans among New Hampshire employers on file, and the 1,555th of 5,215 in retail trade. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has shrunk from 727 to 580 since 2022.

Plan summary
Net assets, end of year$18,805,553
Participants with balances449
Active participants580
Employer contributions$701,726
Employee contributions$2,169,443
Employer contribution per active participant$1,210
Average account balance$41,883
Benefits paid to participants$3,494,712
Plan auditUnmodified (clean) audit opinion
AuditorALBIN RANDALL & BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 449 accts · $702K emplr
2023$17.1M · 449 accts · $678K emplr
2022$16.4M · 467 accts · $686K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,494
Total administrative$91,494
The Diversified Management Corporation 401(k) match · 2024
Employer contribution per active participant$1,210
Median for plans this size$2,416
2024$1,210 per active participant
2023$1,126 per active participant
2022$944 per active participant

Diversified Management Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,493
FIRST REPUBLIC INVESTMENT MGMT · Investment advisory (plan)indirect comp
J.P. MORGAN SECURITIES LLC · Investment advisory (plan)indirect comp
THE ANGELL PENSION GROUP INC · Other servicesindirect 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$91,494 · 0.51%
2023$75,303 · 0.45%
2022$80,017 · 0.47%
Similar plansRetail Trade · New Hampshire
William F Fenton, LLC NH$11.7M · 0.34%
Peters Auto Sales, Inc. NH$11.5M · 0.01%
Autostore System, Inc. NH$10.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861759396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.