Plan Ledger DOL Form 5500 · updated monthly

Columbia Care, Inc.401(k)

COLUMBIA CARE, INC. 401(K) PLAN · CHELMSFORD, MA · plan year 2024

Reported admin expense ratio · 2024
1.56%

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

Columbia Care, Inc. reported $177,979 in plan administrative expenses for 2024: 1.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $666 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 0.46% to 1.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,741st of 2,726), and 8,050th of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 2,186 to 1,464 since 2022.

Plan summary
Net assets, end of year$11,936,672
Participants with balances607
Active participants1,464
Employer contributions$975,689
Employee contributions$2,111,982
Employer contribution per active participant$666
Average account balance$19,665
Benefits paid to participants$3,321,558
Plan auditUnmodified (clean) audit opinion
AuditorMARTIN HOOD LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 607 accts · $976K emplr
2023$10.9M · 848 accts · $1.1M emplr
2022$7.0M · 762 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,734
Investment management$43,245
Total administrative$177,979
The Columbia Care, Inc. 401(k) match · 2024
Employer contribution per active participant$666
Median for plans this size$2,416
2024$666 per active participant
2023$577 per active participant
2022$227 per active participant

Columbia Care, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
PCS RETIREMENT LLC · Claims processing · Consulting$134,734
BROOKWOOD INVESTMENT GROUP · Investment advisory (plan)$43,245

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$177,979 · 1.56%
2023$59,287 · 0.67%
2022$28,080 · 0.46%
Same employer
Similar plansManufacturing · Massachusetts
Raw Seafoods, Inc. MA$12.3M · 0.12%
Katahdin Industries, Inc MA$12.1M · 0.27%
Spinal Group, Inc. MA$11.9M · 0.41%
Rubius Therapeutics, Inc. MA$11.9M · 0.06%
Jaco, Inc. MA$11.5M · 0.31%
Scpharmaceuticals, Inc. MA$11.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 981488978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.