Plan Ledger DOL Form 5500 · updated monthly

Cognosante, LLC401(k)

COGNOSANTE LLC 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cognosante, LLC reported $308,244 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,944 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 0.52% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 130th-largest of 1,285 plans among Arizona employers on file, and the 1,683rd of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has shrunk from 1,500 to 946 since 2022.

Plan summary
Net assets, end of year$89,114,635
Participants with balances1,719
Active participants946
Employer contributions$3,730,597
Employee contributions$7,909,725
Employer contribution per active participant$3,944
Average account balance$51,841
Benefits paid to participants$12,303,628
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $679K emplr
2024$89.1M · 1,719 accts · $3.7M emplr
2023$78.1M · 2,068 accts · $3.5M emplr
2022$63.2M · 2,108 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$288,070
Investment management$15,724
Total administrative$308,244
The Cognosante, LLC 401(k) match · 2024
Employer contribution per active participant$3,944
Median for plans this size$3,635
2024$3,944 per active participant
2023$2,095 per active participant
2022$2,414 per active participant

Cognosante, LLC'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
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$298,923
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$6,403
CREATIVE PLANNING HOLD CO, LLC · Investment advisory (participants)$2,919

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

Administrative cost history4
2025Not separately reported
2024$308,244 · 0.37%
2023$304,222 · 0.43%
2022$291,690 · 0.52%
Same employer
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Russell Sigler, Inc. AZ$120.2M · 0.15%
Swca, Incorporated AZ$110.9M · 0.03%
Gallagher & Kennedy, P.A. AZ$89.4M · 0.01%
Fiduciary Wise, LLC AZ$75.7M · 0.71%
Osborn Maledon, P.A. AZ$59.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680121468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.