Diamond Sports Group, LLC 401(k) Review & Grade
Diamond Sports Group 401(k) Plan
Southport, CTArts, Entertainment & Recreation555 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,868Employer $ per active participant
$3,732Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$51.8MNet plan assets, end of year
$155,626Average balance per account
Score breakdown
- Employer generosity38.6 / 5077th percentile for employer $ per participant
- Low cost15.9 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving11.4 / 1576th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 64th |
| Employee saving | 76th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Diamond Sports Group put in about $1,868 per active participant, more than the typical peer ($995). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,036,751 |
| Participant (employee) contributions | $2,071,184 |
| Other contributions (incl. rollovers in) | $1,233,765 |
| Administrative expenses paid from the plan | $76,211 |
| Investment advisory & management fees | $64,647 |
| Benefits paid out | $3,807,561 |
| Net assets, start / end of year | $0 / $51.8M |
| Active participants, start / end of year | 598 / 512 |
| Participants with account balances | 333 |
| Auto-enrollment (feature code 2S) | Not reported |
Largest service providers (Schedule C)
| Mercer Investments, LLC | $64,443 reported compensation |
| Empower Annuity Insurance Company O | $11,564 reported compensation |
| Empower Advisory Group, LLC | $204 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015151359NAL0002526883001, received 2025-10-15, EIN 84-2308268, plan #001, plan year 2024-07-22 to 2024-12-31. Verify at efast.dol.gov.