Coje, LLC D/B/A Coje Management Group 401(k) Review & Grade
Coje, LLC 401(k) Plan
Boston, MAAccommodation & Food Services834 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$388Employer $ per active participant
$1,412Employee $ saved per active participant
4.12%Direct admin cost, % of plan assets
$3.4MNet plan assets, end of year
$4,544Average balance per account
Score breakdown
- Employer generosity31.9 / 5064th percentile for employer $ per participant
- Low cost0.1 / 250th percentile for low admin cost vs. same-size plans
- Employee saving11.1 / 1574th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 0th |
| Employee saving | 74th |
| Peers that auto-enroll | 17% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($67,251 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $40,836 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Coje, LLC D/B/A Coje Management Group put in about $388 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (4.12% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $323,738 |
| Participant (employee) contributions | $1,176,820 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $118,281 |
| Contract administrator fees | $81,823 |
| Investment advisory & management fees | $13,503 |
| Benefits paid out | $575,765 |
| Net assets, start / end of year | $2.3M / $3.4M |
| Active participants, start / end of year | 908 / 759 |
| Participants with account balances | 759 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Lee CPA Audit Group |
Largest service providers (Schedule C)
| Vestwell | $104,779 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014184458NAL0004737648001, received 2025-10-14, EIN 45-3526597, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.