Plan Snapshot
- Plan Sponsor: Colart Americas, INC.
- Sponsor EIN: 223141603
- Sponsor Address: 2 CORPORATE PLACE SOUTH, PISCATAWAY, NJ, 08854
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 95 | $13.7M | $651,048 | $498,370 |
| 2023 | 94 | $12.4M | $601,606 | $479,670 |
| 2022 | 133 | $11.3M | $501,037 | $618,594 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERCADIEN P.C. | Auditor | $16,500 | — | $16,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,500
- Estimated Expense Ratio: 0.121% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $56,351 | — | $39,851 | $16,500 | — |
| 2023 | $55,684 | — | $55,684 | — | — |
| 2022 | — | — | — | — | — |