Plan Ledger DOL Form 5500 · updated monthly

Colony Hardware Corp.401(k)

COLONY HARDWARE CORP 401(K) PLAN · ORANGE, CT · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Colony Hardware Corp. reported $184,693 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,539 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 0.318%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 260th-largest of 1,106 plans among Connecticut employers on file, and the 540th of 5,215 in retail trade. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 982 to 1,162 since 2022.

Plan summary
Net assets, end of year$63,921,222
Participants with balances1,473
Active participants1,162
Employer contributions$2,950,863
Employee contributions$5,775,085
Employer contribution per active participant$2,539
Average account balance$43,395
Benefits paid to participants$10,975,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.9M · 1,473 accts · $3.0M emplr
2023$52.1M · 1,317 accts · $2.6M emplr
2022$43.5M · 1,155 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,147
Investment management$71,546
Total administrative$184,693
The Colony Hardware Corp. 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$3,635
2024$2,539 per active participant
2023$2,443 per active participant
2022$2,296 per active participant

Colony Hardware Corp.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTS INST OPER CO INC · Loan processing$113,146
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$71,546

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$184,693 · 0.32%
2023$151,576 · 0.32%
2022$144,790 · 0.32%
Same employer
Similar plansRetail Trade · Connecticut
Stew Leonard's CT$115.3M · 0.14%
Mbi, Inc. CT$111.4M
Ed Mitchell, Inc. CT$77.0M · 0.29%
Sdi Stores, LLC CT$34.6M · 0.48%
Prrc, Inc. CT$31.9M · 0.11%
Santa Fuel, Inc. CT$30.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300432137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.