Plan Ledger DOL Form 5500 · updated monthly

Cohnreznick LLP401(k)

COHNREZNICK LLP 401(K) PROFIT SHARING PLAN · PARSIPPANY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Cohnreznick LLP reported $409,991 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $1,939 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 rose from 0.05% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 92nd-largest of 2,419 plans among New Jersey employers on file, and the 238th of 11,654 in professional & technical services. In 2024, employees put in $5.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$751,132,413
Participants with balances5,206
Active participants3,968
Employer contributions$7,694,003
Employee contributions$40,384,009
Employer contribution per active participant$1,939
Average account balance$144,282
Benefits paid to participants$54,257,003
Plan auditUnmodified (clean) audit opinion
AuditorPFK O'CONNER DAVIES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$751.1M · 5,206 accts · $7.7M emplr
2023$640.1M · 5,206 accts · $13.6M emplr
2022$551.2M · 4,757 accts · $9.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,986
Investment management$212,105
Total administrative$409,991
The Cohnreznick LLP 401(k) match · 2024
Employer contribution per active participant$1,939
Median for plans this size$4,294
2024$1,939 per active participant
2023$3,380 per active participant
2022$2,742 per active participant

Cohnreznick LLP's 2024 employer contribution ran below the $4,294 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$196,986
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$112,114
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$99,991

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$409,991 · 0.06%
2023$316,421 · 0.05%
2022$259,850 · 0.05%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Shi International Corp NJ$850.2M · 0.07%
Wipro Limited NJ$831.2M · 0.12%
Nice Systems, Inc. NJ$545.1M · 0.20%
Mott Macdonald Group, Inc. NJ$489.4M · 0.11%
McCarter & English, LLP NJ$487.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221478099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.