Plan Ledger DOL Form 5500 · updated monthly

Codescience, Inc.401(k)

CODESCIENCE INC. 401(K) PLAN · CHATTANOOGA, TN · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Codescience, Inc. reported $86,901 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,840 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 0.65% to 0.83%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 570th-largest of 1,496 plans among Tennessee employers on file, and the 5,732nd of 11,654 in professional & technical services. In 2023, employees put in $2.36 for every $1.00 the employer contributed; active participation has shrunk from 106 to 74 since 2022.

Plan summary
Net assets, end of year$19,049,299
Participants with balances133
Active participants74
Employer contributions$580,139
Employee contributions$1,371,549
Employer contribution per active participant$7,840
Average account balance$143,228
Benefits paid to participants$4,006,722
Plan auditUnmodified (clean) audit opinion
AuditorMILLER CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$843K · 16 accts · $223K emplr
2023$19.0M · 133 accts · $580K emplr
2022$17.4M · 158 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$12,871
Investment management$74,030
Total administrative$86,901
The Codescience, Inc. 401(k) match · 2023
Employer contribution per active participant$7,840
Median for plans this size$2,440
2024$111,484 per active participant
2023$7,840 per active participant
2022$10,787 per active participant

Codescience, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20232
VISION ASSET MANAGEMENT · Investment advisory (plan)$74,030
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$12,871

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

Administrative cost history3
2024$82,783 · 0.83%
2023$86,901 · 0.48%
2022$117,953 · 0.65%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Pophealthcare, LLC TN$20.0M · 0.50%
Inova Payroll, Inc. TN$18.5M · 0.72%
Perfectserve, Inc. TN$18.4M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271479675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.