Plan Ledger DOL Form 5500 · updated monthly

Divert, Inc.401(k)

DIVERT, INC. 401(K) PLAN · CONCORD, MA · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Divert, Inc. reported $89,229 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,548 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 1.76% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Massachusetts (1,846th of 2,726), and the 973rd of 2,534 in administrative & support services. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 136 to 358 since 2022.

Plan summary
Net assets, end of year$10,661,138
Participants with balances640
Active participants358
Employer contributions$912,101
Employee contributions$2,392,579
Employer contribution per active participant$2,548
Average account balance$16,658
Benefits paid to participants$669,193
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 640 accts · $912K emplr
2023$6.8M · 461 accts · $362K emplr
2022$894K · 201 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,970
Investment management$41,869
Audit (IQPA)$11,390
Total administrative$89,229
The Divert, Inc. 401(k) match · 2024
Employer contribution per active participant$2,548
Median for plans this size$1,313
2024$2,548 per active participant
2023$1,266 per active participant
2022$1,397 per active participant

Divert, Inc.'s 2024 employer contribution ran above the $1,313 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.

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 · 20245
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$35,970
LPL HOLDINGS, INC. · Investment advisory (plan)$18,946
STANCE CAPITAL LLC · Investment advisory (plan)$18,713
BDG CPAS · Accounting / audit$11,390

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS, LPL Financial, STANCE CAPITAL, LLC

This plan has changed recordkeepers within these filings. If you left Divert, 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$89,229 · 1.02%
2023$21,960 · 0.57%
2022$13,391 · 1.76%
All plans at this employer2
DIVERT, INC. 401(K) PLAN FOR EXEMPT EMPLOYEES401(k)
DIVERT, INC. 401(K) PLAN401(k)
Same employer
Similar plansAdministrative & Support Services · Massachusetts
Virtual Incorporated MA$12.7M · 0.36%
Intelycare, Inc. MA$12.4M · 0.73%
By Appointment Only MA$11.3M · 0.15%
Audley Travel US, Inc. MA$8.8M · 0.08%
Lyons Group LTD. MA$8.0M · 0.12%
Onyx Corporation MA$6.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208722795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.