Profit Sharing · DOL Form 5500 · 2023

Black Diamond Networks, Inc. Profit Sharing Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
587
Participants Below avg headcount
67th
Percentile by assets National rank
$25,654
Avg per participant Low balance/head
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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.

  • #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.

#3,613
in Administrative & Support Services (4,372 peers)
+30.5%
assets growth YoY

Black Diamond Networks 401(k) Savings Plan's outsized position by total assets

Black Diamond Networks 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,058,749 Top 33% higher than 67% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Black Diamond Networks 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Black Diamond Networks 401(k) Savings Plan sits mid-pack in the medium band (587 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 043451651 · Black Diamond Networks, Inc. PY 2023 · Profit Sharing

Black Diamond Networks 401(k) Savings Plan · $15M · 587 · 67th

  • SCH $15M
  • EBSA 587
  • PART 67th
  • TYPE Profit Sharing
  • NET near Shp Management Corp 401(k) Plan
  • BOOK ind #3613

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Administrative & Support Services retirement plans → · Plans in Massachusetts →

Black Diamond Networks 401(k) Savings Plan in the asset neighbourhood

Black Diamond Networks 401(k) Savings PlanBlack Diamond Networks 401(k…$15MShp Management Corp 401(k) PlanShp Management Corp 401(k) P…$15MIntl. Brotherhood of Electrical Workers Local Union No. 1919 Annuity FundIntl. Brotherhood of Electri…$15MDefined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity FundDefined Contribution Plan of…$15MSheet Metal Workers Local 218(d) Defined Contribution PlanSheet Metal Workers Local 21…$15M
End-of-year total assets ($M) among Black Diamond Networks 401(k) Savings Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Black Diamond Networks, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Black Diamond Networks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 65.76934767955083% vs 2022
2024 filing year
$10M$15M$20M 202220232024 $11.5M $19.1M ▲ +65.8%
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 EIN043451651
Plan Effective Date2000-04-01
Filing StatusFILING 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 Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Black Diamond Networks 401(k) Savings Plan, Total assets ($B): 0.015058749 · Participants: 587Black Diamond Networks 401(k) Savings PlanConsolidated 403(b) Program of Mass General Brigham and Member Organizations, Total assets ($B): 14.924829262 · Participants: 74212Consolidated 403(b) Program of Mass General Brigham and Member OrganizationsDemoulas (Restated) Profit Sharing Plan & Trust, Total assets ($B): 1.003886994 · Participants: 12622Demoulas (Restated) Profit Sharing Plan & TrustDana-Farber Cancer Institute Retirement Plan, Total assets ($B): 0.788456235 · Participants: 4630Dana-Farber Cancer Institute Retirement PlanThe Boston Consulting Group, Inc. Employees' Profit Sharing Retirement Fund, Total assets ($B): 0.679151027 · Participants: 6360The Boston Consulting Group, Inc. Employees' Profit Sharing Retirement FundSheet Metal Workers Local 17 Annuity Income Fund, Total assets ($B): 0.616742666 · Participants: 2868Sheet Metal Workers Local 17 Annuity Income Fund
Black Diamond Networks 401(k) Savings Plan vs. nearby Profit Sharing plans in Massachusetts, assets vs. participants
Compare Black Diamond Networks 401(k) Savings Plan side-by-side with 3 peers →

Black Diamond Networks 401(k) Savings Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Massachusetts, the nearest Profit Sharing by assets is Shp Management Corp 401(k) Plan in ME ($15M); by covered participants it is Clinical Medical Services Savings Plan in PR (587 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (587 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Black Diamond Networks 401(k) Savings Plan assets move in 2023? ▼
Black Diamond Networks 401(k) Savings Plan surged - up 30.5% during 2023, from $12M to $15M. Reported net income was $4M.
How have Black Diamond Networks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Black Diamond Networks, Inc.'s sponsor-wide assets grew 65.8%, from $12M to $19M.
Which Profit Sharing plans are similar in size to Black Diamond Networks 401(k) Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Shp Management Corp 401(k) Plan in ME ($15M, 260 participants).
Which Profit Sharing plans cover a similar participant headcount to Black Diamond Networks 401(k) Savings Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Clinical Medical Services Savings Plan in PR (587 participants, $605K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043451651.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.