Plan Snapshot
- Plan Sponsor: Devoted Health, INC.
- Sponsor EIN: 821023772
- Sponsor Address: 221 CRESCENT STREET SUITE 202, WALTHAM, MA, 02453
- Plan Type: 401(k)
- Total Participants: 2,593
- Total Assets: $66.3M
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. |
|---|---|---|---|---|
| 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 | PLAN ADMINISTRATOR | $18,545 | — | $18,545 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,063 | — | $9,063 |
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- APRIO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,608
- Estimated Expense Ratio: 0.042% 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 |
|---|---|---|---|---|---|
| 2024 | $27,607 | $9,063 | $8,036 | — | — |
| 2023 | $16,510 | $554 | $3,416 | — | — |
| 2022 | $13,380 | — | — | — | — |