Plan Ledger DOL Form 5500 · updated monthly

Diversified Holding Co.401(k)

DIVERSIFIED COMMUNICATIONS 401(K) PLAN · PORTLAND, ME · plan year 2024

Employer contribution per participant · 2024
$10,994

Diversified Holding Co.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $96,448,873 across 496 participant accounts, with employer contributions averaging $10,994 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 37th-largest of 354 plans among Maine employers on file, and the 320th of 2,199 in information & media. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 250 to 334 since 2022.

Plan summary
Net assets, end of year$96,448,873
Participants with balances496
Active participants334
Employer contributions$3,672,101
Employee contributions$3,543,895
Employer contribution per active participant$10,994
Average account balance$194,453
Benefits paid to participants$3,418,195
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.4M · 496 accts · $3.7M emplr
2023$81.1M · 494 accts · $3.5M emplr
2022$69.9M · 478 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$16,600
Total administrative-$56,862
The Diversified Holding Co. 401(k) match · 2024
Employer contribution per active participant$10,994
Median for plans this size$3,635
2024$10,994 per active participant
2023$11,924 per active participant
2022$10,547 per active participant

Diversified Holding Co.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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.

Service providers · 20243
UBS FINANCIAL SERVICES · Consulting · Investment advisory (plan)$18,540
BAKER NEWMAN NOYES · Accounting / audit$16,600
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$2,840 · 0.00%
2022$7,457 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 010522788 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.