Plan Ledger DOL Form 5500 · updated monthly

Colsa Corporation401(k)

COLSA CORPORATION 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Colsa Corporation reported $108,354 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,592 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 0.02% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 32nd-largest of 902 plans among Alabama employers on file, and the 608th of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 1,263 to 1,577 since 2022.

Plan summary
Net assets, end of year$277,131,163
Participants with balances2,554
Active participants1,577
Employer contributions$5,664,261
Employee contributions$12,254,335
Employer contribution per active participant$3,592
Average account balance$108,509
Benefits paid to participants$33,910,737
Plan auditUnmodified (clean) audit opinion
AuditorMAUDLIN & JENKINS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$277.1M · 2,554 accts · $5.7M emplr
2023$257.9M · 2,518 accts · $5.1M emplr
2022$234.7M · 2,439 accts · $5.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,442
Investment management$27,912
Total administrative$108,354
The Colsa Corporation 401(k) match · 2024
Employer contribution per active participant$3,592
Median for plans this size$4,294
2024$3,592 per active participant
2023$3,474 per active participant
2022$4,222 per active participant

Colsa Corporation's 2024 employer contribution ran below the $4,294 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$108,354

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$108,354 · 0.04%
2023$57,447 · 0.02%
2022$45,372 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Alabama
Erc, Inc. AL$358.9M · 0.14%
Carr, Riggs & Ingram, LLC AL$328.2M · 0.05%
Axient, LLC AL$318.8M · 0.09%
Balch & Bingham LLP AL$314.9M · 0.07%
Radiance Technologies AL$194.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630798322 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.