Plan Ledger DOL Form 5500 · updated monthly

Cobalt Enterprises, LLC401(k)

COBALT ENTERPRISES 401(K) PLAN · ARLINGTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cobalt Enterprises, LLC reported $4,233 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,512 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 2 years on file its reported administrative ratio fell from 0.13% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,398th of 1,714), and 11,574th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 117 to 130 since 2022.

Plan summary
Net assets, end of year$4,312,728
Participants with balances125
Active participants130
Employer contributions$196,522
Employee contributions$402,839
Employer contribution per active participant$1,512
Average account balance$34,502
Benefits paid to participants$365,742
Plan auditUnmodified (clean) audit opinion
AuditorHAGEN KURTH PERMAN
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 125 accts · $197K emplr
2023$3.7M · 148 accts · $183K emplr
2022$2.8M · 141 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,460
Investment management$1,773
Total administrative$4,233
The Cobalt Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$1,512
Median for plans this size$1,313
2024$1,512 per active participant
2023$1,535 per active participant
2022$1,427 per active participant

Cobalt Enterprises, LLC's 2024 employer contribution ran above the $1,313 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$4,233 · 0.11%
2023$4,075 · 0.13%
2022$3,668 · 0.13%
Same employer
Similar plansManufacturing · Washington
Trimlite, LLC WA$4.6M · 0.80%
Mervin Manufacturing Inc WA$4.6M · 0.67%
Silfab Solar Wa Inc. WA$4.6M · 0.40%
Napsteel, Inc. WA$4.3M · 0.71%
Creo Industrial Arts, LLC WA$4.2M · 0.71%
Piller Aimmco, Inc. WA$4.1M · 0.52%
Portco Corporation WA$4.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201376830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.