Plan Ledger DOL Form 5500 · updated monthly

Cigniti Technologies, Inc.401(k)

CIGNITI TECHNOLOGIES, INC. 401(K) PROFIT SHARING PLAN · IRVING, TX · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Cigniti Technologies, Inc. reported $36,813 in plan administrative expenses for 2023: 0.63% of average plan assets, above the peer median. Employer contributions averaged $584 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 5 years on file its reported administrative ratio rose from 0.03% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,685th of 5,688), and 9,153rd of 11,654 in professional & technical services. In 2023, employees put in $7.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,637,053
Participants with balances216
Active participants304
Employer contributions$177,566
Employee contributions$1,350,808
Employer contribution per active participant$584
Average account balance$30,727
Benefits paid to participants$870,381
Plan auditDisclaimer of opinion
AuditorBDG-CPAS
Plan history5
Yearassets · accounts · employer contribution
2023$6.6M · 216 accts · $178K emplr
2022$5.0M · 186 accts
2020$3.2M · 124 accts
2019$2.3M · 108 accts
2018$1.6M · 80 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,244
Investment management$32,569
Total administrative$36,813
The Cigniti Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$584
Median for plans this size$1,308

Cigniti Technologies, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERITAS LIFE INSURANCE COMPANY · Investment advisory (plan)$32,569

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

Administrative cost history5
2023$36,813 · 0.63%
2022$12,773 · 0.28%
2020$2,212 · 0.08%
2019$1,975 · 0.10%
2018$409 · 0.03%
Same employer
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Omega 365 USA Inc TX$6.7M · 0.12%
Keeps Corporation TX$6.7M · 0.97%
Medici Technologies, LLC TX$6.6M · 0.79%
Worksoft, Inc. TX$6.5M · 0.42%
Corva Ai, LLC TX$6.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471176261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.