Plan Ledger DOL Form 5500 · updated monthly

Cowi North America, Inc.401(k)

COWI NORTH AMERICA 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Cowi North America, Inc. reported $57,378 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $6,892 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 0.12% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 448th-largest of 1,714 plans among Washington employers on file, and the 3,531st of 11,654 in professional & technical services. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has shrunk from 151 to 121 since 2022.

Plan summary
Net assets, end of year$36,829,960
Participants with balances211
Active participants121
Employer contributions$833,887
Employee contributions$1,866,643
Employer contribution per active participant$6,892
Average account balance$174,550
Benefits paid to participants$5,034,550
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.8M · 211 accts · $834K emplr
2023$33.6M · 244 accts · $771K emplr
2022$26.7M · 224 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,408
Investment management$2,970
Total administrative$57,378
The Cowi North America, Inc. 401(k) match · 2024
Employer contribution per active participant$6,892
Median for plans this size$2,416
2024$6,892 per active participant
2023$4,851 per active participant
2022$4,683 per active participant

Cowi North America, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$2,970
CHARLES SCHWAB · Securities brokerage$2

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$57,378 · 0.16%
2023$54,770 · 0.18%
2022$36,555 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Washington
Rover Group, Inc. WA$40.3M · 0.03%
Porch WA$37.9M · 0.37%
Omeros Corporation WA$35.4M · 0.00%
Reid Middleton Inc WA$35.0M · 0.04%
Inspirage, LLC WA$34.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461081273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.