Helzberg Diamond Shops LLC 401(k) Review & Grade
Helzberg Diamonds Savings Plan
North Kansas City, MORetail Trade1,962 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$633Employer $ per active participant
$2,475Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$134.8MNet plan assets, end of year
$115,334Average balance per account
Score breakdown
- Employer generosity22.3 / 5045th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving6.2 / 1541th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 45th |
| Lower admin cost | 69th |
| Employee saving | 41th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Helzberg Diamond Shops put in about $633 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $1,243,147 |
| Participant (employee) contributions | $4,856,807 |
| Other contributions (incl. rollovers in) | $943,505 |
| Administrative expenses paid from the plan | $158,719 |
| Investment advisory & management fees | $11,643 |
| Other admin expenses | $21,947 |
| Benefits paid out | $11,854,135 |
| Net assets, start / end of year | $125.6M / $134.8M |
| Active participants, start / end of year | 1,960 / 1,965 |
| Participants with account balances | 1,169 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pickett, Chaney & Mcmullen LLP |
Largest service providers (Schedule C)
| T Rowe Price RPS Inc | $113,305 reported compensation |
| Prime Capital Investment Advisors | $33,000 reported compensation |
| Pickett, Chaney, & Mcmullen LLP | $11,850 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250926082204NAL0008379969001, received 2025-09-26, EIN 44-0553741, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.