Plan Snapshot
- Plan Sponsor: Cobec, INC.
- Sponsor EIN: 260319209
- Sponsor Address: 500 L'ENFANT PLAZA SW SUITE 1100, WASHINGTON, DC, 20024
- Plan Type: DC
- Plan Number: 002
- Total Participants: 120
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 120 | $1.5M | $0 | $0 |
| 2024 | 92 | $1.5M | $125,000 | $0 |
| 2023 | 89 | $1.3M | $232,000 | $0 |
| 2022 | 88 | $1.1M | $140,000 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | Recordkeeper | $16,312 | — | $16,312 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,312
- Estimated Expense Ratio: 1.103% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $38,546 | — | — | — | — |
| 2024 | $18,780 | — | — | — | — |
| 2023 | $33,832 | — | — | — | — |
| 2022 | $19,387 | — | — | — | $19,282 |