Plan Snapshot
- Plan Sponsor: Cogent Communications, INC.
- Sponsor EIN: 522192026
- Sponsor Address: 2450 N STREET NW, 4TH FLOOR, WASHINGTON, DC, 20037
- Plan Type: 401(k)
- Total Participants: 1,612
- Total Assets: $88.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,612 | $88.8M | $3.2M | $10.5M |
| 2023 | 1,606 | $67.6M | $2.6M | $8.4M |
| 2022 | 811 | $47.2M | $994,620 | $4.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $131,077 | — | $131,077 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $41,906 | — | $41,906 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $38,150 | — | $38,150 |
| ADEPTUS PARTNERS LLC | AUDITOR | $13,875 | — | $13,875 |
| ADEPTUS PARTNERS | Auditor | $13,875 | — | $13,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $238,883
- Estimated Expense Ratio: 0.269% 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 |
|---|---|---|---|---|---|
| 2024 | $89,770 | — | — | $13,875 | — |
| 2023 | $12,057 | — | — | — | — |
| 2022 | -$17,173 | — | -$17,173 | — | — |