Plan Ledger DOL Form 5500 · updated monthly

Colonial Brick Company, Inc.401(k)

MUMFORD COMPANIES 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Colonial Brick Company, Inc. reported $5,657 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $485 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 0.41% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,869th of 3,702), and 3,839th of 5,337 in construction. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 401 to 525 since 2022.

Plan summary
Net assets, end of year$5,729,455
Participants with balances211
Active participants525
Employer contributions$254,691
Employee contributions$656,551
Employer contribution per active participant$485
Average account balance$27,154
Benefits paid to participants$929,177
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 211 accts · $255K emplr
2023$5.2M · 203 accts · $246K emplr
2022$4.0M · 169 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,657
Total administrative$5,657
The Colonial Brick Company, Inc. 401(k) match · 2024
Employer contribution per active participant$485
Median for plans this size$1,313
2024$485 per active participant
2023$591 per active participant
2022$567 per active participant

Colonial Brick Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
LPL FINANCIAL LLCindirect comp

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$5,657 · 0.10%
2023$10,867 · 0.24%
2022$16,586 · 0.41%
Similar plansConstruction · Illinois
Painters USA, Inc. IL$6.3M · 0.85%
Blunier Builders Inc. IL$5.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362691076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.