Cogent Bank Master Pooled 401(K) Plan For Cogent Bank — Form 5500 plan (Nesteggs Retirement Plan Services, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Cogent Bank Master Pooled 401(K) Plan For Cogent Bank is a benefit plan reported by Nesteggs Retirement Plan Services, Inc. under EIN 59-3664112 and plan number 343. The latest loaded filing year is 2023. The filing reports 405 participants and $13,909,312 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.9MPlan net assets, end of year$13,909,312
Participants405Covered participants reported
Assets / participant$34.3KComputed: assets ÷ participants$34,344 (computed)
Provider compensation$56.3K1 Schedule C provider row(s)$56,250
- Plan sponsor
- Nesteggs Retirement Plan Services, Inc.
- EIN
- 59-3664112
- Plan number
- 343
- Plan type
- 3
- Location
- Jacksonville, FL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 405 | H, C | 20241025120835NAL0000092227001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$13.9M total assets
Net assets$13.9MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $13,909,312
- Net assets (EOY)
- $13,909,312
- Net assets (BOY)
- $4,874,425
Income & contributions
- Employer contributions
- $752,524
- Participant contributions
- $1,608,514
- Total contributions
- $2,818,020
- Total income / additions
- $3,951,924
Expenses & distributions
- Benefits paid
- $772,622
- Administrative expenses
- $56,250
- Total expenses
- $828,872
- Net increase / (decrease)
- $3,123,052
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nesteggs Retirement Plan Svcs, Inc. | N/A | $56,250 | not reported in the loaded dataset | 2023 |