Plan Ledger DOL Form 5500 · updated monthly

One Diversified, LLC401(k)

ONE DIVERSIFIED, LLC 401(K) PLAN · KENILWORTH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

One Diversified, LLC reported $56,073 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,821 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 0.24% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 307th-largest of 2,419 plans among New Jersey employers on file, and the 502nd of 5,337 in construction. In 2024, employees put in $3.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$128,158,279
Participants with balances2,243
Active participants1,811
Employer contributions$3,297,833
Employee contributions$11,414,481
Employer contribution per active participant$1,821
Average account balance$57,137
Benefits paid to participants$9,878,958
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$128.2M · 2,243 accts · $3.3M emplr
2023$105.8M · 2,298 accts · $1.5M emplr
2022$100.0M · 2,644 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,384
Audit (IQPA)$20,118
Total administrative$56,073
The One Diversified, LLC 401(k) match · 2024
Employer contribution per active participant$1,821
Median for plans this size$3,635
2024$1,821 per active participant
2023$823 per active participant
2022$677 per active participant

One Diversified, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$34,384
WIPFLI · Recordkeeping · Pension consulting$20,118

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill, WIPFLI
2023ADP, Bank of America / Merrill, ROBINSON & COLE LLP, WIPFLI

This plan has changed recordkeepers within these filings. If you left One Diversified, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,073 · 0.05%
2023$312,629 · 0.30%
2022$240,977 · 0.24%
Same employer
Similar plansConstruction · New Jersey
Albireo Energy, LLC NJ$114.9M · 0.16%
Torcon, Inc. NJ$103.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421617340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.