Plan Ledger DOL Form 5500 · updated monthly

Cogito Corporation, Inc.401(k)

COGITO CORPORATION, INC. 401(K) RETIREMENT PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Cogito Corporation, Inc. reported $15,732 in plan administrative expenses for 2023: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,719 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 0.14% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,945th of 2,726), and 8,181st of 11,654 in professional & technical services. In 2023, employees put in $4.38 for every $1.00 the employer contributed; active participation has shrunk from 124 to 84 since 2022.

Plan summary
Net assets, end of year$9,419,214
Participants with balances152
Active participants84
Employer contributions$312,397
Employee contributions$1,369,432
Employer contribution per active participant$3,719
Average account balance$61,969
Benefits paid to participants$1,756,541
Plan auditUnmodified (clean) audit opinion
AuditorAAFCPA'S, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $190K emplr
2023$9.4M · 152 accts · $312K emplr
2022$7.9M · 179 accts · $317K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,675
Investment management$3,241
Total administrative$15,732
The Cogito Corporation, Inc. 401(k) match · 2023
Employer contribution per active participant$3,719
Median for plans this size$1,308
2023$3,719 per active participant
2022$2,554 per active participant

Cogito Corporation, Inc.'s 2023 employer contribution ran above the $1,308 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
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Custodial (securities)$8,537

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

Administrative cost history3
2024Not separately reported
2023$15,732 · 0.18%
2022$12,594 · 0.14%
Similar plansProfessional & Technical Services · Massachusetts
Harmon Law Offices, P.C. MA$9.7M · 0.03%
Maccormack Plumbing Inc MA$9.6M · 0.70%
Yesware, Inc MA$9.6M · 0.01%
Labyrinth Solutions, Inc. MA$9.4M · 0.01%
Vendr Inc. MA$9.3M · 0.90%
Geocomp, Inc. MA$9.1M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205612740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.