Plan Ledger DOL Form 5500 · updated monthly

Divergent Dental Management, LLC401(k)

DIVERGENT DENTAL MANAGEMENT, LLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
2.89%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Divergent Dental Management, LLC reported $19,770 in plan administrative expenses for 2024: 2.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $858 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 3.34% to 2.89%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,413th of 3,644), and 11,059th of 11,911 in health care & social assistance. In 2024, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$814,182
Participants with balances101
Active participants81
Employer contributions$69,504
Employee contributions$249,967
Employer contribution per active participant$858
Average account balance$8,061
Benefits paid to participants$183,349
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$814K · 101 accts · $70K emplr
2023$553K · 119 accts · $85K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,770
Total administrative$19,770
The Divergent Dental Management, LLC 401(k) match · 2024
Employer contribution per active participant$858
Median for plans this size$540
2024$858 per active participant
2023$788 per active participant

Divergent Dental Management, LLC's 2024 employer contribution ran above the $540 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$16,320
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$19,770 · 2.89%
2023$15,349 · 3.34%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Employu, Inc. FL$923K · 2.00%
Brave Health, Inc. FL$759K · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844962567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.