The black soldier fly (BSF; Hermetia illucens L.) is a very promising insect species due to the ability to convert low-value substrates in highly nutrient feed. This work aimed to study the effect of three nominally isoenergetic diets containing plant ingredients such as barley, alfalfa, and wheat byproducts, formulated to be higher in nonfiber carbohydrates (TMD1), fibers (TMD2), and protein (TMD3) in comparison to an extensively genetic modified cereal (cornmeal)-based diet (C), on the growth, yield, and nutritive traits of BSF prepupae (BSFPs). Three growing trials with four biological replicates were carried out. Proximate and fatty acid analyses were performed on the diets and BSFPs. Feed conversion ratios (FCR), dry matter and nutrient yields, and apparent concentration factors (aBCF) for fatty acids (FAs) were calculated. Diet formulation had a substantial effect on the survival, development rate, and larval yield, but the FCR was unaffected. The BSFPs fed TMD3 did not result in a higher crude protein content in comparison to the C or TMD2 diets. Despite the leveled fat content of the diets, BSFPs reared on TMD1 were highest in fat, saturated FA, and fat yield. An apparent bioconcentration factor (aBCF) value lower than unity that was found for the unsaturated FA suggests that the BSFPs inefficiently absorb them from the diet or possibly turn them into saturated FA. However, the unsaturated FA accumulation in BSFPs depended on the levels that were found in the diet, which suggested some possibilities for the FA profile modulation. Overall, the TMD2 performed well despite the low-value of its main ingredients and high fiber content and can be considered to be a feasible option for the mass rearing of BSFPs that are intended for animal feed.