Plan Ledger DOL Form 5500 · updated monthly

Divurgent LLC401(k)

DIVURGENT LLC 401(K) PROFIT SHARING PLAN · VIRGINIA BEACH, VA · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Divurgent LLC reported $79,024 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 rose from 0.70% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,368th of 2,266), and 7,578th of 11,654 in professional & technical services. active participation has shrunk from 257 to 210 since 2022.

Plan summary
Net assets, end of year$11,385,332
Participants with balances246
Active participants210
Employer contributions$0
Employee contributions$1,153,444
Employer contribution per active participant$0
Average account balance$46,282
Benefits paid to participants$919,126
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 246 accts
2023$9.7M · 246 accts · $331K emplr
2022$7.2M · 226 accts · $640K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,340
Investment management$5,461
Total administrative$79,024
The Divurgent LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$2,279 per active participant
2022$2,488 per active participant

Divurgent LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$5,616
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$5,253

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,024 · 0.75%
2023$70,191 · 0.83%
2022$48,824 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Virginia
Potomacwave Consulting VA$11.5M · 0.05%
Prescient Edge Corporation VA$11.5M · 0.50%
Alphasix Corporation VA$11.4M · 0.16%
Axseum, Inc. VA$11.4M · 0.54%
Knowledge Link Inc. VA$11.2M · 0.06%
Marks & Harrison, P.C. VA$11.2M · 0.56%
Dynamo Technologies LLC VA$11.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261129326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.