Plan Ledger DOL Form 5500 · updated monthly

Diversified Service Options, Inc. dba Guidewell Source401(k)

DIVERSIFIED SERVICE OPTIONS, INC. DBA GUIDEWELL SOURCE 401(K) SAVINGS PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Diversified Service Options, Inc. dba Guidewell Source reported $265,268 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,552 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 2 years on file its reported administrative ratio fell from 0.15% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 166th-largest of 3,644 plans among Florida employers on file, and the 544th of 4,798 in finance & insurance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$224,152,667
Participants with balances2,891
Active participants2,356
Employer contributions$6,011,822
Employee contributions$9,506,167
Employer contribution per active participant$2,552
Average account balance$77,535
Benefits paid to participants$19,432,031
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$224.2M · 2,891 accts · $6.0M emplr
2023$200.6M · 3,097 accts · $5.9M emplr
2022$171.3M · 3,022 accts · $5.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,320
Investment management$108,948
Total administrative$265,268
The Diversified Service Options, Inc. dba Guidewell Source 401(k) match · 2024
Employer contribution per active participant$2,552
Median for plans this size$3,635
2024$2,552 per active participant
2023$2,450 per active participant
2022$2,396 per active participant

Diversified Service Options, Inc. dba Guidewell Source's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing · Trustee (directed)$157,370
FINANCIAL ENGINES · Investment advisory (plan)$108,948
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect 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
2024$265,268 · 0.12%
2023$255,281 · 0.14%
2022$289,420 · 0.15%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 593514333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.