Plan Ledger DOL Form 5500 · updated monthly

Colas Inc and Subsidiaries401(k)

COLAS INC. AND SUBSIDIARIES 401(K) SAVINGS PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.14%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Colas Inc and Subsidiaries reported $779,257 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,042 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.10% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 111th-largest of 2,419 plans among New Jersey employers on file, and the 75th of 786 in management of companies. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 3,391 to 3,828 since 2022.

Plan summary
Net assets, end of year$555,226,973
Participants with balances4,525
Active participants3,828
Employer contributions$19,301,679
Employee contributions$21,929,928
Employer contribution per active participant$5,042
Average account balance$122,702
Benefits paid to participants$69,547,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$555.2M · 4,525 accts · $19.3M emplr
2023$521.4M · 5,210 accts · $17.9M emplr
2022$470.3M · 5,220 accts · $18.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$435,932
Investment management$87,418
Audit (IQPA)$45,500
Total administrative$779,257
The Colas Inc and Subsidiaries 401(k) match · 2024
Employer contribution per active participant$5,042
Median for plans this size$4,294
2024$5,042 per active participant
2023$4,680 per active participant
2022$5,452 per active participant

Colas Inc and Subsidiaries's 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$87,418
BAKER TILLY US LLP · Accounting / audit$45,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$779,257 · 0.14%
2023$535,456 · 0.11%
2022$536,184 · 0.10%
Same employer
Similar plansManagement of Companies · New Jersey
Pearson Education Inc NJ$2.4B · 0.07%
Halma Holdings Inc. NJ$294.0M · 0.15%
Indel Inc. NJ$99.1M · 0.02%
Redi-Direct Marketing, Inc. NJ$21.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222979907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.