Plan Ledger DOL Form 5500 · updated monthly

Cosette Pharmaceuticals, Inc.401(k)

COSETTE PHARMACEUTICALS, INC. 401(K) PLAN · SOUTH PLAINFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Cosette Pharmaceuticals, Inc. reported $53,725 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,128 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 3 years on file its reported administrative ratio has held roughly steady near 0.233%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 911th-largest of 2,419 plans among New Jersey employers on file, and the 5,004th of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 306 to 337 since 2022.

Plan summary
Net assets, end of year$25,862,211
Participants with balances378
Active participants337
Employer contributions$1,054,017
Employee contributions$2,415,483
Employer contribution per active participant$3,128
Average account balance$68,419
Benefits paid to participants$2,128,188
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 378 accts · $1.1M emplr
2023$20.3M · 352 accts · $908K emplr
2022$16.2M · 389 accts · $797K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,725
Total administrative$53,725
The Cosette Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$3,128
Median for plans this size$2,416
2024$3,128 per active participant
2023$2,893 per active participant
2022$2,606 per active participant

Cosette Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,725

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$53,725 · 0.23%
2023$40,374 · 0.22%
2022$42,686 · 0.23%
Same employer
Similar plansManufacturing · New Jersey
Marcal Manufacturing, LLC NJ$26.6M · 0.81%
United Envelope, LLC NJ$26.0M · 0.14%
United Envelope, LLC NJ$25.9M · 0.19%
Knf Neuberger, Inc. NJ$25.8M · 0.02%
Usmpc Buyer, Inc. NJ$24.6M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 832305806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.