Plan Snapshot
- Plan Sponsor: Divert, INC.
- Sponsor EIN: 208722795
- Sponsor Address: 23 BRADFORD ST., CONCORD, MA, 01742
- Plan Type: 401(k)
- Total Participants: 358
- Total Assets: $10.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 358 | $10.7M | $912,101 | $2.4M |
| 2023 | 286 | $6.8M | $362,042 | $733,621 |
| 2022 | 136 | $893,737 | $190,002 | $354,917 |
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 |
|---|---|---|---|---|
| BDG-CPAS | Auditor | $11,390 | — | $11,390 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDG-CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,390
- Estimated Expense Ratio: 0.107% 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 | $89,229 | $41,869 | — | $11,390 | — |
| 2023 | $21,960 | $5,100 | — | $3,800 | — |
| 2022 | $13,391 | $3,076 | — | — | — |