Retirement plan

DIAMOND FOODS, LLC 401(K) PLAN

Name: DIAMOND FOODS, LLC - DIAMOND FOODS, LLC 401(K) PLAN (2023) Form 5500
Creator: DIAMOND FOODS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIAMOND FOODS, LLC 401(K) PLAN, DIAMOND FOODS, LLC

DIAMOND FOODS, LLCEIN 81-4577932Plan #010PY 2023

P.O. BOX 1727 - STOCKTON, CA 952011727209-467-6000diamondnuts.comLinkedIn501-1000 employeesfood & beverages

Other plans on this EIN

2 filings

#001Retirement-$13.9M assets #013Retirement-$5.0M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$25.9M

+11.1% from 2022

Total participants

247

-2.4% from 2022

Average account balance

$108,659

+14.9% from 2022

Annual return

19.76%

+36.88 pp from 2022

Benchmarks

See 938 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort938 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$28.35M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$113K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

251

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.37%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$205

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
RESOURCES INVESTMENT ADVISORS LLC4 years Service code 27 · EIN 43-1451524	Advisory (Plan)	$30,000
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$21,584

Plan features & details

Pension benefit codes2T3H3F2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$52K

$469 / participant

Recordkeeping$21K41.3%
Investment mgmt$30K58.2%
Contract admin$3000.6%

% of EOY assets

0.199%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,659

$56,438+92.5%

$76,902+41.3%

$71,529+51.9%

Participation rate

91.8%

64.3%+27.5pp

69.6%+22.2pp

67.9%+23.9pp

Annual return

19.76%

19.05%+0.7pp

37.91%-18.1pp

28.97%-9.2pp

Employer contribution / active EE

$2,483

$1,864+33.2%

$2,534-2.0%

$2,590-4.1%

Participant deferral / active EE

$7,286

$3,136+132.3%

$3,833+90.1%

$4,291+69.8%

Admin fee / account holder

$217

$1,430-84.8%

$5,479-96.0%

$1,588-86.4%

Provider

Service type

Compensation

RESOURCES INVESTMENT ADVISORS LLC4 years

Service code 27 · EIN 43-1451524

Advisory (Plan)

$30,000

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$21,584

DIAMOND FOODS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIAMOND FOODS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion