Plan Ledger DOL Form 5500 · updated monthly

Divergent Technologies, Inc.401(k)

DIVERGENT TECHNOLOGIES, INC. 401(K) P/S PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.65%

Divergent Technologies, Inc. reported $47,810 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. 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 2 years on file its reported administrative ratio rose from 0.60% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,885th of 9,483), and 8,495th of 11,654 in professional & technical services. active participation has grown from 202 to 456 since 2022.

Plan summary
Net assets, end of year$8,504,061
Participants with balances219
Active participants456
Employer contributions—
Employee contributions$2,045,823
Employer contribution per active participant—
Average account balance$38,831
Benefits paid to participants$827,747
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 219 accts
2023$6.2M · 153 accts
2022$4.2M · 120 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,284
Investment management$20,526
Total administrative$47,810
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
ASCENSUS LLC · Loan processing · Recordkeeping$27,284
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$20,526

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

Recordkeeper by year2
2024Ascensus
2023PAI

This plan has changed recordkeepers within these filings. If you left Divergent Technologies, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,810 · 0.65%
2023$32,064 · 0.62%
2022$23,885 · 0.60%
Same employer
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Chromadex, Inc. CA$8.5M · 0.54%
Cypress Hcm Inc. CA$8.5M · 0.38%
Forward Networks, Inc. CA$8.5M · 0.84%
Akasa, Inc. CA$8.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472341403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.