Plan Ledger DOL Form 5500 · updated monthly

Cognitive Professional Services, Inc.401(k)

COGNITIVE PROFESSIONAL SERVICES 401(K) PLAN · ROUND ROCK, TX · plan year 2023

Reported admin expense ratio · 2023
0.92%

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

Cognitive Professional Services, Inc. reported $15,440 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,218 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 fell from 1.03% to 0.92%. 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 Texas (4,983rd of 5,688), and 10,949th of 11,654 in professional & technical services. In 2023, the employer put in $1.77 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,817,572
Participants with balances99
Active participants42
Employer contributions$135,167
Employee contributions$76,402
Employer contribution per active participant$3,218
Average account balance$18,359
Benefits paid to participants$183,079
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 99 accts · $135K emplr
2022$1.5M · 108 accts · $66K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,440
Total administrative$15,440
The Cognitive Professional Services, Inc. 401(k) match · 2023
Employer contribution per active participant$3,218
Median for plans this size$1,308
2023$3,218 per active participant
2022$1,531 per active participant

Cognitive Professional Services, 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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$9,934
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$5,246

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

Administrative cost history2
2023$15,440 · 0.92%
2022$18,291 · 1.03%
Similar plansProfessional & Technical Services · Texas
Iea, Inc. TX$1.8M · 1.63%
Torcsill Foundations, LLC TX$1.8M · 0.60%
Networkers, Inc. TX$1.8M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203877857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.