Plan Ledger DOL Form 5500 · updated monthly

Colonial Electric Co., LLC401(k)

COLONIAL ELECTRIC CO., RETIREMENT SAVINGS PLAN · HARWOOD, MD · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Colonial Electric Co., LLC reported $22,535 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $874 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,215th of 1,671), and 9,444th of 11,654 in professional & technical services. In 2022, employees put in $2.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,888,776
Participants with balances78
Active participants121
Employer contributions$105,762
Employee contributions$304,278
Employer contribution per active participant$874
Average account balance$75,497
Benefits paid to participants$48,588
Plan auditUnmodified (clean) audit opinion
AuditorCOHN REZNICK
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,560
Investment management$14,975
Total administrative$22,535
The Colonial Electric Co., LLC 401(k) match · 2022
Employer contribution per active participant$874
Median for plans this size$1,114

Colonial Electric Co., LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,535 · 0.36%
Similar plansProfessional & Technical Services · Maryland
A&T Systems, Inc. MD$6.0M · 0.90%
Cloudbolt Software, Inc. MD$5.9M · 0.56%
Helion Technologies, Inc. MD$5.8M · 0.92%
Tenax Technologies, LLC MD$5.8M · 0.37%
Enrollease, Inc. MD$5.8M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 520900361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.