Plan Ledger DOL Form 5500 · updated monthly

Colonial Parking, Inc.401(k)

COLONIAL PARKING 401(K) RETIREMENT SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Colonial Parking, Inc. reported $8,505 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $527 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (480th of 618), and 1,907th of 3,341 in other services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 681 to 840 since 2022.

Plan summary
Net assets, end of year$7,693,486
Participants with balances452
Active participants840
Employer contributions$442,372
Employee contributions$816,843
Employer contribution per active participant$527
Average account balance$17,021
Benefits paid to participants$483,841
Plan auditDisclaimer of opinion
AuditorCOUNCILOR, BUCHANAN MITCHELL
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 452 accts · $442K emplr
2023$6.2M · 476 accts · $298K emplr
2022$4.8M · 477 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,505
Total administrative$8,505
The Colonial Parking, Inc. 401(k) match · 2024
Employer contribution per active participant$527
Median for plans this size$1,313
2024$527 per active participant
2023$368 per active participant
2022$406 per active participant

Colonial Parking, 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$8,505

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$8,505 · 0.12%
2023$5,390 · 0.10%
2022$6,775 · 0.13%
Same employer
Similar plansOther Services · District of Columbia
America Votes, Inc. DC$8.1M · 0.27%
Prosperity Now DC$8.0M · 0.65%
Working America DC$7.4M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 530215818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.