Plan Ledger DOL Form 5500 · updated monthly

Cogent Biosciences, Inc.401(k)

COGENT BIOSCIENCES, INC. 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Cogent Biosciences, Inc. reported $14,194 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,448 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 0.16% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,426th of 2,726), and 6,006th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 137 to 201 since 2022.

Plan summary
Net assets, end of year$17,572,148
Participants with balances250
Active participants201
Employer contributions$1,497,033
Employee contributions$2,938,280
Employer contribution per active participant$7,448
Average account balance$70,289
Benefits paid to participants$572,592
Plan auditUnmodified (clean) audit opinion
AuditorQRGA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 250 accts · $1.5M emplr
2023$11.5M · 216 accts · $1.2M emplr
2022$6.0M · 185 accts · $819K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,131
Investment management$8,063
Total administrative$14,194
The Cogent Biosciences, Inc. 401(k) match · 2024
Employer contribution per active participant$7,448
Median for plans this size$2,416
2024$7,448 per active participant
2023$7,497 per active participant
2022$5,980 per active participant

Cogent Biosciences, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$8,063

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$14,194 · 0.10%
2023$18,809 · 0.21%
2022$7,904 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Cullinan Therapeutics, Inc. MA$18.0M · 0.01%
Formlabs, Inc. MA$17.8M · 0.41%
Clearplan Consulting, LLC MA$17.7M · 0.17%
Karuna Therapeutics MA$17.6M · 0.27%
Ocd Tech, LLC MA$17.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465308248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.