Plan Ledger DOL Form 5500 · updated monthly

The Colasanti Group, Inc.401(k)

COLASANTI GROUP, INC. 401(K) PROFIT SHARING PLAN · MACOMB, MI · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Colasanti Group, Inc. reported $23,084 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,082 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 0.36% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Michigan (1,496th of 2,619), and 2,996th of 5,337 in construction. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has shrunk from 156 to 140 since 2022.

Plan summary
Net assets, end of year$10,634,671
Participants with balances99
Active participants140
Employer contributions$291,472
Employee contributions$611,211
Employer contribution per active participant$2,082
Average account balance$107,421
Benefits paid to participants$1,057,721
Plan auditUnmodified (clean) audit opinion
AuditorFENNER, MELSTROM & DOOLING PLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 99 accts · $291K emplr
2023$9.6M · 99 accts · $297K emplr
2022$10.1M · 108 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,071
Audit (IQPA)$19,013
Total administrative$23,084
The The Colasanti Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,082
Median for plans this size$2,416
2024$2,082 per active participant
2023$1,615 per active participant
2022$1,643 per active participant

The Colasanti Group, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$29,828
COMMONWEALTH FINANCIAL · Pension consulting · Investment advisory (plan)$19,013
FENNER, MELSTROM, & DOOLING PLC · Accounting / auditindirect comp

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left The Colasanti Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,084 · 0.23%
2023$37,612 · 0.38%
2022$38,614 · 0.36%
Similar plansConstruction · Michigan
R.W. Mercer Company MI$11.2M · 0.20%
Dood Enterprises MI$11.1M · 0.64%
Sherriff-Goslin Company MI$10.2M · 0.81%
Dykema Excavators, Inc. MI$10.1M · 0.31%
Davis Construction, Inc. MI$8.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381458813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.