Plan Ledger DOL Form 5500 · updated monthly

Colonial Chemical, Inc.401(k)

COLONIAL CHEMICAL, INC. 401(K) PROFIT SHARING PLAN · SOUTH PITTSBURG, TN · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Colonial Chemical, Inc. reported $73,190 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,000 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 0.06% to 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (917th of 1,496), and 9,695th of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,968,261
Participants with balances119
Active participants159
Employer contributions$317,995
Employee contributions$827,634
Employer contribution per active participant$2,000
Average account balance$66,960
Benefits paid to participants$980,439
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 119 accts · $318K emplr
2023$6.9M · 117 accts · $316K emplr
2022$5.2M · 111 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,648
Investment management$70,542
Total administrative$73,190
The Colonial Chemical, Inc. 401(k) match · 2024
Employer contribution per active participant$2,000
Median for plans this size$1,313
2024$2,000 per active participant
2023$2,109 per active participant
2022$1,775 per active participant

Colonial Chemical, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$70,542

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,190 · 0.99%
2023$60,419 · 1.00%
2022$3,370 · 0.06%
Same employer
Similar plansManufacturing · Tennessee
Beene Holdings, Inc. TN$8.7M · 0.01%
Smelter Holdings, Inc. TN$8.5M · 1.03%
Bristol Metals, LP TN$8.0M · 0.64%
Gold Bond, Inc TN$7.8M · 0.84%
Textile Printing Company TN$7.6M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621355890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.