Plan Ledger DOL Form 5500 · updated monthly

Colonna's Shipyard, Inc.401(k)

COLONNA'S SHIPYARD, INC. RETIREMENT PLAN · NORFOLK, VA · plan year 2025

Reported admin expense ratio · 2025
0.34%

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

Colonna's Shipyard, Inc. reported $154,823 in plan administrative expenses for 2025: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,973 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 rose from 0.30% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 525th-largest of 2,266 plans among Virginia employers on file, and the 3,335th of 13,661 in manufacturing. In 2025, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,225,000
Participants with balances905
Active participants626
Employer contributions$1,234,915
Employee contributions$3,507,563
Employer contribution per active participant$1,973
Average account balance$51,077
Benefits paid to participants$9,218,096
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$46.2M · 905 accts · $1.2M emplr
2024$43.7M · 880 accts · $1.2M emplr
2023$40.6M · 947 accts · $1.1M emplr
2022$34.4M · 871 accts · $960K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$104,709
Investment management$20,193
Total administrative$154,823
The Colonna's Shipyard, Inc. 401(k) match · 2025
Employer contribution per active participant$1,973
Median for plans this size$2,666
2025$1,973 per active participant
2024$1,816 per active participant
2023$1,566 per active participant
2022$1,507 per active participant

Colonna's Shipyard, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20254
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$104,709
ONE DIGITAL · Investment advisory (plan)$22,538
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,193
RESOURCES INVESTMENT ADVISORS, LLC · Investment advisory (plan)$7,383

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

Administrative cost history4
2025$154,823 · 0.34%
2024$158,295 · 0.38%
2023$141,331 · 0.38%
2022$119,603 · 0.30%
Same employer
Similar plansManufacturing · Virginia
Fortis Solutions Group, LLC VA$52.7M · 0.00%
Liqui-Box Corporation VA$51.8M · 0.08%
Superior Paving Corp. VA$47.7M · 0.22%
Qubicaamf Worldwide, LLC VA$42.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540177940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.