Retirement plan

DIAMOND ENERGY 401(K) PROFIT SHARING PLAN

Name: DIAMOND ENERGY SERVICE, INC. - DIAMOND ENERGY 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: DIAMOND ENERGY SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIAMOND ENERGY 401(K) PROFIT SHARING PLAN, DIAMOND ENERGY SERVICE, INC.

DIAMOND ENERGY SERVICE, INC.EIN 83-0300288Plan #002PY 2024

P.O. BOX 307 - LA BARGE, WY 83123307-386-2264LinkedIn1-10 employeesmining & metals

Other plans on this EIN

1 filing

#001Retirement-$671K assets

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$849K

+26.1% from 2023

Total participants

0.0% from 2023

Average account balance

$94,377

+26.1% from 2023

Annual return

19.29%

-5.58 pp from 2023

Benchmarks

See 1,589 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,589 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$849K

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

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.

180.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

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

+19.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,377

$210,510-55.2%

$153,500-38.5%

$145,877-35.3%

Participation rate

100.0%

82.1%+17.9pp

77.1%+22.9pp

80.3%+19.7pp

Annual return

19.29%

13.45%+5.8pp

15.70%+3.6pp

551.28%-532.0pp

Employer contribution / active EE

$674

$6,052-88.9%

$5,039-86.6%

$4,663-85.5%

Participant deferral / active EE

$8,475

$7,974+6.3%

$6,756+25.4%

$6,691+26.7%

Admin fee / account holder

$19,455-100.0%

$12,736-100.0%

$13,402-100.0%

DIAMOND ENERGY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

DIAMOND ENERGY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion