Cometeer, Inc. 401(K) Plan — Form 5500 plan (Cometeer, 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, Cometeer, Inc. 401(K) Plan is a benefit plan reported by Cometeer, Inc. under EIN 84-3942257 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $2,190,360 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.2MPlan net assets, end of year$2,190,360
Participants169Covered participants reported
Assets / participant$13KComputed: assets ÷ participants$12,961 (computed)
Provider compensation$8.9K2 Schedule C provider row(s)$8,870
Plan sponsor
Cometeer, Inc.
EIN
84-3942257
Plan number
001
Plan type
2
Location
Gloucester, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023169H, C20241015080550NAL0015968563001
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)$2.2M total assets
Net assets$2.2MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$532.6K
Benefits paid / distributions$532.6K
Contributions
Employer$252.3K
Participant$480.3K
Full reported line items

Net assets

Total assets (EOY)
$2,190,360
Total liabilities (EOY)
$0
Net assets (EOY)
$2,190,360
Net assets (BOY)
$1,652,860

Income & contributions

Employer contributions
$252,275
Participant contributions
$480,325
Total contributions
$732,600
Total income / additions
$1,070,094

Expenses & distributions

Benefits paid
$532,594
Administrative expenses
$0
Total expenses
$532,594
Net increase / (decrease)
$537,500
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.

Contribution share (employer vs. participant)
Employer 34%Participant 66%
Total expenses ÷ net assets24%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Hilb Group Of New England, LLCCONTRACT ADMINISTRATOR$4,475not reported in the loaded dataset2023
The Vanguard GroupRECORDKEEPER$4,395not reported in the loaded dataset2023

Related Form 5500 pages