Plan Ledger DOL Form 5500 · updated monthly

Colson Medical LLC401(k)

THE COLSON MEDICAL LLC EMPLOYEES' RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Colson Medical LLC reported $75,981 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,405 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 fell from 0.11% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 353rd-largest of 3,702 plans among Illinois employers on file, and the 1,199th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$190,211,284
Participants with balances1,717
Active participants1,271
Employer contributions$6,869,829
Employee contributions$9,081,706
Employer contribution per active participant$5,405
Average account balance$110,781
Benefits paid to participants$21,893,961
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$190.2M · 1,717 accts · $6.9M emplr
2023$169.3M · 1,717 accts · $6.6M emplr
2022$140.6M · 1,675 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Investment management$54,127
Audit (IQPA)$36,075
Total administrative$75,981
The Colson Medical LLC 401(k) match · 2024
Employer contribution per active participant$5,405
Median for plans this size$3,635
2024$5,405 per active participant
2023$5,268 per active participant
2022$5,202 per active participant

Colson Medical LLC's 2024 employer contribution ran above 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 · 20245
MERCER INC. · Consulting$89,116
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$54,127
GRANT THORNTON · Accounting / audit$36,075
THOMPSON COBURN LLP · Legal$11,130
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$75,981 · 0.04%
2023$99,791 · 0.06%
2022$171,265 · 0.11%
Same employer
Similar plansManufacturing · Illinois
Samuel, Son & Co. (USA) Inc. IL$201.5M · 0.23%
Suncoke Energy, Inc. IL$195.9M · 0.09%
Wilson Sporting Goods Co. IL$195.5M · 0.11%
Evraz NA IL$187.3M · 0.01%
Transcontinental US, LLC IL$185.6M · 0.24%
Winland Foods, Inc. IL$182.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842860690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.