Plan Ledger DOL Form 5500 · updated monthly

Cogent Communications, Inc.401(k)

COGENT COMMUNICATIONS, INC. 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cogent Communications, Inc. reported $89,770 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,974 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 1 year on file its reported administrative ratio rose from 0.02% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 103rd-largest of 618 plans among District of Columbia employers on file, and the 343rd of 2,199 in information & media. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has grown from 811 to 1,612 since 2022.

Plan summary
Net assets, end of year$88,763,672
Participants with balances1,795
Active participants1,612
Employer contributions$3,182,629
Employee contributions$10,452,910
Employer contribution per active participant$1,974
Average account balance$49,451
Benefits paid to participants$6,978,268
Plan auditUnmodified (clean) audit opinion
AuditorADEPTUS PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$88.8M · 1,795 accts · $3.2M emplr
2023$67.6M · 1,834 accts · $2.6M emplr
2022$47.2M · 583 accts · $995K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,895
Audit (IQPA)$13,875
Total administrative$89,770
The Cogent Communications, Inc. 401(k) match · 2024
Employer contribution per active participant$1,974
Median for plans this size$3,635
2024$1,974 per active participant
2023$1,642 per active participant
2022$1,226 per active participant

Cogent Communications, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$41,906
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$38,150
ADEPTUS PARTNERS LLC · Accounting / audit$13,875

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$89,770 · 0.11%
2023$12,057 · 0.02%
2022Not separately reported
Same employer
Similar plansInformation & Media · District of Columbia
Consilio, LLC DC$276.0M
Rfe/Rl, Inc. DC$58.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522192026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.