District of Columbia › Professional, scientific and technical services › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Cobec Consulting, Inc. Employee Stock Ownership Plan
Sponsored by Cobec, Inc., Washington, DC
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Cobec, Inc. of Washington, District of Columbia sponsors Cobec Consulting, Inc. Employee Stock Ownership Plan, an employee stock ownership plan. Its Form 5500 for the plan year ending 31 Dec 2025 shows 120 participants (84 active) and $1.5M in net assets.
Net assets came to $12,068 per participant in plan year 2024, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $16K: $136 per participant, well below the same-size median of $194. Administrative expenses charged to the plan were $17K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $1.0M in 2021 to $1.5M in 2025 (up 48%), and participants from 108 to 120 (up 11%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $12,068 | $60,185 | $73,951 | $53,102 |
| Employer contributions per active participant | $1,359 | $2,447 | $3,219 | $2,175 |
| Schedule C compensation per participant | $152 | $194 | $148 | $123 |
| Schedule C compensation, share of net assets | 1.3% | 0.32% | 0.22% | 0.26% |
| Administrative expenses per participant | $154 | $176 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 120 | $1.5M | $12,325 | — | — | $16K |
| 2024 | 122 | $1.5M | $12,066 | $125K | — | $19K |
| 2023 | 112 | $1.3M | $11,830 | $232K | — | $33K |
| 2022 | 105 | $1.1M | $10,610 | $140K | — | $19K |
| 2021 | 108 | $1.0M | $9,259 | $1.0M | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$1,472,341
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$45,106
- Benefits paid$21,919
- Administrative expenses$16,627
- Total expenses$38,546
- Net income$6,560
- Net transfers$0
- Net assets, end of year$1,478,901
Participants
- Active participants84
- Retired or separated, receiving benefits3
- Retired or separated, entitled to future benefits33
- Participants with account balances120
- Total participants, end of year120
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal Financial Group | Plan Administrator; Recordkeeping and information management | $16,312 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$16,312
- Other administrative expenses$315
- Total administrative expenses$16,627
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$1.5M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmEcp Accounting, Inc.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2IStock bonus2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541600: Management, Scientific, & Technical Consulting Services.
Similar plans in District of Columbia
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Contact Government Services, LLC 401(k) Plan | Contact Government Services, LLC | 122 | $1.8M | $14,633 |
| Rothwell, Figg, Ernst & Manbeck 401(k) Profit Sharing Plan | Rothwell, Figg, Ernst & Manbeck, P.C. | 117 | $69.2M | $591,093 |
| Monument Academy Inc. 401(k) Profit Sharing Plan & Trust | Monument Academy Inc. | 129 | $2.2M | $16,860 |
| Delon Hampton & Assoc, Chartered 401(k) Profit Sharing Plan | Delon Hampton & Assoc, Chartered | 117 | $11.0M | $94,152 |
| Federal Management Systems Inc. 401(k) Plan | Federal Management Systems Inc. | 131 | $6.1M | $46,621 |
| Computercraft 401(k) Plan | Computercraft Corporation | 116 | $13.8M | $119,280 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Cobec Consulting, Inc. Employee Stock Ownership Plan?
120 participants at the end of the plan year ending 31 Dec 2025, of whom 84 were active employees, with net assets of $1,478,901. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Cobec, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $16,312 in compensation to service provider organisations, $136 per participant or 1.1% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $16,627. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Cobec, Inc.. Recordkeeping or administration: Principal Financial Group. The financial statements were audited by Ecp Accounting, Inc.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 22 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 26-0319209, plan 002, received 22 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.