Plan Ledger DOL Form 5500 · updated monthly

Cognex Corporation401(k)

COGNEX CORPORATION EMPLOYEE SAVINGS PLAN · NATICK, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cognex Corporation reported $264,141 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,879 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 3 years on file its reported administrative ratio has held roughly steady near 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 206th-largest of 2,726 plans among Massachusetts employers on file, and the 964th of 13,661 in manufacturing. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$259,691,474
Participants with balances1,434
Active participants981
Employer contributions$3,805,144
Employee contributions$12,523,498
Employer contribution per active participant$3,879
Average account balance$181,096
Benefits paid to participants$21,373,869
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$259.7M · 1,434 accts · $3.8M emplr
2023$227.0M · 1,462 accts · $3.8M emplr
2022$187.9M · 1,418 accts · $3.5M emplr
The Cognex Corporation 401(k) match · 2024
Employer contribution per active participant$3,879
Median for plans this size$3,635
2024$3,879 per active participant
2023$3,865 per active participant
2022$3,734 per active participant

Cognex Corporation's 2024 employer contribution ran above the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$130,275
ONEDIGITAL INVESTMENT ADVISORS, LLC · Investment advisory (plan)$114,466
GRAY GRAY & GRAY LLP · Consulting$21,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$264,141 · 0.11%
2023$279,308 · 0.13%
2022$212,559 · 0.10%
Same employer
Similar plansManufacturing · Massachusetts
Haemonetics Corporation MA$276.2M · 0.13%
Spectris, Inc. MA$274.6M · 0.16%
Mexichem USA, Inc. MA$271.3M · 0.10%
Axcelis Technologies, Inc. MA$271.2M · 0.06%
Smith & Wesson Brands, Inc. MA$259.6M · 0.13%
Insulet Corporation MA$250.4M · 0.19%
Avid Technology, Inc. MA$241.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042713778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.