Plan Snapshot
- Plan Sponsor: Cohere Health, INC
- Sponsor EIN: 842393515
- Sponsor Address: 239 CAUSEWAY ST STE 200, BOSTON, MA, 021142130
- Plan Type: 401(k)
- Total Participants: 745
- Total Assets: $17.3M
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 | 745 | $17.3M | $753,250 | $4.4M |
| 2023 | 720 | $11.1M | $1.1M | $3.4M |
| 2022 | 587 | $5.2M | $658,877 | $2.4M |
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 |
|---|---|---|---|---|
| AAFCPAS, INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $98,843 | $34,824 | $64,019 | — | — |
| 2023 | $80,920 | $21,960 | $58,960 | — | — |
| 2022 | $45,861 | — | $45,861 | — | — |