Plan Ledger DOL Form 5500 · updated monthly

Cobalt Ventures, LLC401(k)

COBALT 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Cobalt Ventures, LLC reported $74,840 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,641 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 rose from 0.72% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Kansas (482nd of 828), and 3,945th of 4,798 in finance & insurance. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,385,893
Participants with balances355
Active participants231
Employer contributions$379,087
Employee contributions$672,292
Employer contribution per active participant$1,641
Average account balance$29,256
Benefits paid to participants$1,303,738
Plan auditUnmodified (clean) audit opinion
AuditorMARR AND COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 355 accts · $379K emplr
2023$9.4M · 404 accts · $359K emplr
2022$7.9M · 368 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,878
Investment management$23,712
Audit (IQPA)$9,250
Total administrative$74,840
The Cobalt Ventures, LLC 401(k) match · 2024
Employer contribution per active participant$1,641
Median for plans this size$1,313
2024$1,641 per active participant
2023$1,292 per active participant
2022$1,165 per active participant

Cobalt Ventures, 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.

Service providers · 20243
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Loan processing$41,878
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$23,712
MARR AND COMPANY, P.C. · Accounting / audit$9,250

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,840 · 0.76%
2023$69,192 · 0.80%
2022$61,322 · 0.72%
Similar plansFinance & Insurance · Kansas
First State Bank and Trust KS$11.6M · 0.11%
Basys Processing, Inc. KS$10.6M · 0.60%
First Federal Bank KS$10.0M · 0.32%
Nations Holding Company KS$8.2M · 0.76%
The Bennington State Bank KS$6.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451059466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.