Retirement plan

GREEN DIAMOND SAVINGS PLAN

Name: GREEN DIAMOND RESOURCE COMPANY - GREEN DIAMOND SAVINGS PLAN (2024) Form 5500
Creator: GREEN DIAMOND RESOURCE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREEN DIAMOND SAVINGS PLAN, GREEN DIAMOND RESOURCE COMPANY

GREEN DIAMOND RESOURCE COMPANYEIN 91-2172199Plan #001PY 2024

1301 FIFTH AVENUE, SUITE 2700 - SEATTLE, WA 98101206-224-5818

Other plans on this EIN

1 filing

#013Retirement--

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$114.9M

+20.4% from 2023

Total participants

590

+2.1% from 2023

Average account balance

$197,002

+17.5% from 2023

Annual return

19.61%

+0.17 pp from 2023

Benchmarks

See 270 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort270 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$114.85M

Not enough data

1 years with asset history on file

Average account balance

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

$197K

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.

583

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+19.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$352

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 5 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC7 years Service code 15 1307 POINT STREET · BALTIMORE, MD 21231	Recordkeeping	$81,882
MORGAN STANLEY SMITH BARNEY4 years Filed as: MORGAN STANLEY GLOBAL BANKING Service code 16 1300 THAMES STREET · BALTIMORE, MD 21231	Consulting	$28,500
BAKER TILLY US, LLP1 year Service code 10 205 NO. MICHIGAN AVENUE · CHICAGO, IL 60601	Accounting	$21,840
MORGAN STANLEY SMITH BARNEY5 years Filed as: MORGAN STANLEY Service code 27 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Plan)	$9,500
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782	Float revenue; Direct payment from th...	$109

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$205K

$543 / participant

Recordkeeping$82K39.9%
Investment mgmt$19K9.2%
Other trustee fees$63K30.8%
Other / not subdivided$41K20.1%

% of EOY assets

0.179%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: $21,840
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$197,002

$73,149+169.3%

$120,574+63.4%

$77,736+153.4%

Participation rate

98.1%

55.2%+43.0pp

71.9%+26.2pp

70.6%+27.6pp

Annual return

19.61%

18.24%+1.4pp

107.42%-87.8pp

31.26%-11.7pp

Employer contribution / active EE

$6,207

$1,793+246.1%

$3,471+78.9%

$2,728+127.6%

Participant deferral / active EE

$10,099

$3,006+236.0%

$4,996+102.2%

$4,651+117.2%

Admin fee / account holder

$352

$660-46.6%

$9,445-96.3%

$433-18.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC7 years

Service code 15

1307 POINT STREET · BALTIMORE, MD 21231

Recordkeeping

$81,882

MORGAN STANLEY SMITH BARNEY4 years

Filed as: MORGAN STANLEY GLOBAL BANKING

Service code 16

1300 THAMES STREET · BALTIMORE, MD 21231

Consulting

$28,500

BAKER TILLY US, LLP1 year

Service code 10

205 NO. MICHIGAN AVENUE · CHICAGO, IL 60601

Accounting

$21,840

MORGAN STANLEY SMITH BARNEY5 years

Filed as: MORGAN STANLEY

Service code 27

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Plan)

$9,500

CHARLES SCHWAB & CO., INC.10+ years

Service code 33 · EIN 94-1737782

Float revenue; Direct payment from th...

$109

GREEN DIAMOND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREEN DIAMOND SAVINGS 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