Profit Sharing · DOL Form 5500 · 2023
Black Diamond Networks, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $15M
- Total assets
- 587
- Participants
- 67th
- Percentile by assets
- $25,654
- Avg per participant
Official DOL plan name: Black Diamond Networks 401(k) Savings Plan · Sponsored by Black Diamond Networks, Inc. · Massachusetts · Administrative & Support Services
$15M in assets, 587 participants
Black Diamond Networks, Inc.'s Black Diamond Networks 401(k) Savings Plan reported $15M in total assets and 587 participants in its 2023 DOL Form 5500 filing, ranking in the 67th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 67th percentile by assets (of 127,072 plans)
- #3,613 in Administrative & Support Services (4,372 peers)
Black Diamond Networks, Inc. multi-year trail
Black Diamond Networks, Inc.'s plans moved +65.8% in assets from 2022 to 2024; this filing shows Black Diamond Networks 401(k) Savings Plan at $15M / 587 participants.
- $15M
- total plan assets (2023 EOY)
- 587
- covered participants
- 67th
- percentile by assets (of 127,072 plans)
- $25,654
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Black Diamond Networks 401(k) Savings Plan reported net income rose from -$609K in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Black Diamond Networks 401(k) Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
- Black Diamond Networks 401(k) Savings Plan reported participants fell from 595 in the plan year 2022 filing to 587 in the plan year 2023 filing.
Black Diamond Networks, Inc. across 3 plan years on file
Across the 3 plan years Black Diamond Networks, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $19M, a gain of 65.8%, while reported participants moved from 595 to 568 (-4.5%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($12M).
Black Diamond Networks, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 595 | $12M |
| 2023 | 1 | 587 | $15M |
| 2024 | 1 | 568 | $19M |
Black Diamond Networks, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | $4M |
| Employer EIN | 043451651 |
| Plan Effective Date | 2000-04-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Massachusetts
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Black Diamond Networks 401(k) Savings Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
- Consolidated 403(b) Program of Mass General Brigham and Member Organizations $14.9B · 74,212
- Demoulas (Restated) Profit Sharing Plan & Trust $1.0B · 12,622
- Dana-Farber Cancer Institute Retirement Plan $788M · 4,630
- The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund $679M · 6,360
- Sheet Metal Workers Local 17 Annuity Income Fund $617M · 2,868
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Black Diamond Networks 401(k) Savings Plan by total assets, not by location.
- Shp Management Corp 401(k) Plan (ME) $15M · 260
- Intl. Brotherhood of Electrical Workers Local Union No. 1919 Annuity Fund (NJ) $15M · 739
- Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund (NJ) $15M · 236
- Sheet Metal Workers Local 218(d) Defined Contribution Plan (IN) $15M · 125
Frequently Asked Questions
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Multi-year trail
Ways to act on Black Diamond Networks 401(k) Savings Plan's numbers.
- By total assets, Black Diamond Networks 401(k) Savings Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Massachusetts. Compare plans
- Black Diamond Networks, Inc.'s sponsor-wide assets have grown 65.8% since 2022 across 3 plan years on file. More Administrative & Support Services plans