Plan Ledger DOL Form 5500 · updated monthly

Cognia, Inc.403(b)

COGNIA ERISA 403(B) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Cognia, Inc. reported $581,508 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,187 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 0.72% to 0.62%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 275th-largest of 2,160 plans among Georgia employers on file, and the 517th of 3,091 in educational services. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves; active participation has shrunk from 505 to 423 since 2022.

Plan summary
Net assets, end of year$101,580,326
Participants with balances598
Active participants423
Employer contributions$4,732,306
Employee contributions$2,866,004
Employer contribution per active participant$11,187
Average account balance$169,867
Benefits paid to participants$7,752,607
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS BENATOR & LIBBY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.6M · 598 accts · $4.7M emplr
2023$84.9M · 578 accts · $4.7M emplr
2022$79.9M · 630 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$581,508
Total administrative$581,508
Employer contributions to the Cognia, Inc. plan · 2024
Employer contribution per active participant$11,187
Median for plans this size$3,635
2024$11,187 per active participant
2023$11,067 per active participant
2022$10,704 per active participant

Cognia, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
SECURITY FINANCIAL RESOURCES · Investment advisory (participants) · Loan processing$581,508

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$581,508 · 0.62%
2023$575,285 · 0.70%
2022$537,555 · 0.72%
Same employer
Similar plansEducational Services · Georgia
Woodward Academy, Inc. GA$133.9M · 0.14%
The Lovett School, Inc. GA$125.7M · 0.07%
Clark Atlanta University GA$120.2M · 0.05%
Spelman College GA$102.0M · 0.05%
Agnes Scott College GA$96.8M · 0.10%
Morehouse College GA$85.1M · 0.10%
Paideia School GA$80.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208613765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.