Plan Snapshot
- Plan Sponsor: Diamond Offshore Management Company
- Sponsor EIN: 133560049
- Sponsor Address: 777 N ELDRIDGE PKWY, SUITE 1100, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 948
- Total Assets: $377.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 948 | $377.4M | $6.9M | $13.0M |
| 2023 | 1,272 | $355.8M | $5.4M | $12.4M |
| 2022 | 1,183 | $319.4M | $3.2M | $11.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $224,863 | — | $224,863 |
| PRIME CAPITAL INVESTMENT ADVISORS | ADVISOR | $74,967 | — | $74,967 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,246 | — | $44,246 |
| WEAVER AND TIDWELL LLP | ACCOUNTANT/AUDITOR | $16,198 | — | $16,198 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WEAVER AND TIDWELL LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $360,274
- Estimated Expense Ratio: 0.095% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $361,774 | $299,830 | $1,500 | $16,198 | — |
| 2023 | $382,737 | $333,014 | $1,800 | $19,055 | — |
| 2022 | $403,560 | $292,487 | — | — | — |