Plan Snapshot
- Plan Sponsor: Divergent Dental Management, LLC
- Sponsor EIN: 844962567
- Sponsor Address: 15017 NORTH DALE MABRY HWY STE 1087, TAMPA, FL, 33618
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 111
- Total Assets: $1.1M
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 | 111 | $1.1M | $0 | $0 |
| 2024 | 81 | $814,182 | $69,504 | $249,967 |
| 2023 | 108 | $553,371 | $85,063 | $160,070 |
| 2022 | 107 | $364,358 | $52,004 | $148,747 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $16,320 | — | $16,320 |
| JANET A. PANEBIANCO, CPA, PLLC | Recordkeeper | $6,275 | $196 | $6,471 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,791
- Estimated Expense Ratio: 2.145% 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 | $205,817 | — | $24,794 | — | — |
| 2024 | $19,770 | — | $19,770 | — | — |
| 2023 | $15,349 | — | $15,349 | — | — |
| 2022 | $196,853 | — | — | — | — |