Plan Snapshot
- Plan Sponsor: Devoted Health, INC.
- Sponsor EIN: 821023772
- Sponsor Address: 221 CRESCENT STREET SUITE 202, WALTHAM, MA, 02453
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,752
- Total Assets: $95.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,752 | $95.4M | $0 | $0 |
| 2024 | 2,593 | $66.3M | $899,343 | $14.6M |
| 2023 | 2,232 | $42.7M | $0 | $11.3M |
| 2022 | 1,891 | $24.0M | $0 | $7.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES, LLC | Recordkeeper | $29,205 | — | $29,205 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $17,090 | — | $17,090 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,295
- Estimated Expense Ratio: 0.049% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $7,066,423 | $17,090 | $10,170 | — | — |
| 2024 | $27,607 | $9,063 | $8,036 | — | — |
| 2023 | $16,510 | $554 | $3,416 | — | — |
| 2022 | $13,380 | — | — | — | — |