401(k) · DOL Form 5500 · 2023

Cogentrix Energy Power Management, LLC 401(k) Plan

Data updated 2026-08-11

$131M
Total assets
385
Participants
93rd
Percentile by assets
$339,527
Avg per participant
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Official DOL plan name: Cogentrix Retirement Savings Plan · Sponsored by Cogentrix Energy Power Management, LLC · North Carolina · Utilities

$131M in assets, 385 participants

Cogentrix Energy Power Management, LLC's Cogentrix Retirement Savings Plan reported $131M in total assets and 385 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 93rd percentile by assets (of 127,072 plans)
  • #475 in Utilities (721 peers)

Coverage in North Carolina

Cogentrix Retirement Savings Plan covers 385 participants in North Carolina, about 47% of the average North Carolina filer (state average ~819 per filing). Assets: $131M.

$131M
total plan assets (2023 EOY)
385
covered participants
93rd
percentile by assets (of 127,072 plans)
$339,527
avg assets per participant

Where Cogentrix Retirement Savings Plan sits by total assets

Cogentrix Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$130,717,979 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cogentrix Retirement Savings Plan reported net income rose from -$24M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Cogentrix Retirement Savings Plan end-of-year assets rose from $112M in the plan year 2022 filing to $131M in the plan year 2023 filing.
  • Cogentrix Retirement Savings Plan reported participants fell from 395 in the plan year 2022 filing to 385 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Cogentrix Retirement Savings Plan reports 385 participants - about 47% of that state average ($131M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$112M
Net Assets (End of Year)$131M
Net Income$18M
Employer EIN460647218
Plan Effective Date1985-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cogentrix Energy Power Management, LLC)

$100M$110M$120M$130M$140M$150M 202220232024 $112M $143M ▲ +27.8%
Total plan assets by year, all Cogentrix Energy Power Management, LLC plans on file
Year Plans Participants Total Assets
2022 1 395 $112M
2023 1 385 $131M
2024 1 376 $143M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cogentrix Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Cogentrix Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Cogentrix Retirement…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Cogentrix Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Cogentrix Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Cogentrix Retirement Savings Plan assets move in 2023?
Cogentrix Retirement Savings Plan grew sharply - up 16.4% during 2023, from $112M to $131M. Reported net income was $18M.
How have Cogentrix Energy Power Management, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Cogentrix Energy Power Management, LLC's sponsor-wide assets grew 27.8%, from $112M to $143M.
Where does Cogentrix Retirement Savings Plan rank by assets among Form 5500 filers?
Cogentrix Retirement Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Cogentrix Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is G+D 401(k) Plan in VA ($131M, 1,134 participants).

Next read for Cogentrix Retirement Savings Plan

Filing takeaways

Ways to act on Cogentrix Retirement Savings Plan's numbers.

  • By total assets, Cogentrix Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • Cogentrix Energy Power Management, LLC's sponsor-wide assets have grown 27.8% since 2022 across 3 plan years on file. More Utilities plans