Plan Ledger DOL Form 5500 · updated monthly

Cohere Life, Inc.401(k)

COHERE LIFE, INC. 401(K) PLAN · GLENDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Cohere Life, Inc. reported $26,716 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $533 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (966th of 1,285), and 1,710th of 2,096 in real estate & leasing. In 2024, employees put in $7.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,122,087
Participants with balances147
Active participants119
Employer contributions$63,464
Employee contributions$447,181
Employer contribution per active participant$533
Average account balance$21,239
Benefits paid to participants$381,640
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,712
Investment management$2,677
Trustee / custodial$3,017
Total administrative$26,716
The Cohere Life, Inc. 401(k) match · 2024
Employer contribution per active participant$533
Median for plans this size$1,313

Cohere Life, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
BOKF, NA · Custodial (securities) · Trustee$26,716

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

Administrative cost history1
2024$26,716 · 0.93%
Same employer
Similar plansReal Estate & Leasing · Arizona
Axis Portable Air LLC AZ$3.3M · 0.26%
Grayhawk Development AZ$2.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474812427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.