Plan Ledger DOL Form 5500 · updated monthly

Colepak, Inc401(k)

COLEPAK, INC. 401(K) PLAN · URBANA, OH · plan year 2022

Employer contribution per participant · 2022
$484

Colepak, Inc's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $634,686 across 46 participant accounts, with employer contributions averaging $484 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (3,194th of 3,295), and 13,418th of 13,661 in manufacturing. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$634,686
Participants with balances46
Active participants163
Employer contributions$78,953
Employee contributions$157,483
Employer contribution per active participant$484
Average account balance$13,798
Plan auditUnmodified (clean) audit opinion
AuditorSTROH, JOHNSON & COMPANY LLP
The Colepak, Inc 401(k) match · 2022
Employer contribution per active participant$484
Median for plans this size$331

Colepak, Inc's 2022 employer contribution ran above the $331 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.

Similar plansManufacturing · Ohio
Edge Plastics, Inc. OH$649K · 0.26%
Ohio Valley Veneer, Inc. OH$558K · 0.16%
5BS, Inc. OH$77K · 1.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311385276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.