Plan Ledger DOL Form 5500 · updated monthly

Colliflower, Inc.401(k)

COLLIFLOWER, INC. 401(K) PROFIT SHARING PLAN & TRUST · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Colliflower, Inc. reported $35,796 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,325 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 fell from 0.56% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (874th of 1,671), and 7,257th of 11,654 in professional & technical services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 159 to 183 since 2022.

Plan summary
Net assets, end of year$12,434,827
Participants with balances130
Active participants183
Employer contributions$425,566
Employee contributions$789,299
Employer contribution per active participant$2,325
Average account balance$95,653
Benefits paid to participants$813,991
Plan auditUnmodified (clean) audit opinion
AuditorELLIN & TUCKER CHARTERS
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 130 accts · $426K emplr
2023$10.1M · 136 accts · $352K emplr
2022$9.5M · 131 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,742
Investment management$15,054
Total administrative$35,796
The Colliflower, Inc. 401(k) match · 2024
Employer contribution per active participant$2,325
Median for plans this size$2,416
2024$2,325 per active participant
2023$2,121 per active participant
2022$2,100 per active participant

Colliflower, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$20,742
KESTRA ADVISORY SERVICES, LLP · Consulting · Investment advisory (plan)$12,798

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$35,796 · 0.32%
2023$51,900 · 0.53%
2022$61,087 · 0.56%
Same employer
Similar plansProfessional & Technical Services · Maryland
Eba Engineering, Inc. MD$12.6M · 0.25%
Standard Solar, Inc. MD$12.5M · 0.47%
Tandium Corporation MD$12.4M · 0.82%
Psi Pax, Inc. MD$12.4M · 0.42%
Camris International, LLC MD$12.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520603335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.