Plan Snapshot
- Plan Sponsor: Collabralink Technologies, Incorporated
- Sponsor EIN: 200318030
- Sponsor Address: 8405 GREENSBORO DR STE 1020, MCLEAN, VA, 221025109
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 557
- Total Assets: $258,978
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 557 | $258,978 | $2.9M | $946,543 |
| 2023 | 247 | $149,750 | $683,236 | $215,925 |
| 2022 | 260 | $112,764 | $2.4M | $1.0M |
| 2021 | 208 | $137,439 | $1.2M | $1.1M |
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 |
|---|---|---|---|---|
| UMR | Other Service Provider | $188,872 | $3,356 | $192,228 |
| USI INSURANCE SERVICES LLC | Investment Advisor | $90,350 | — | $90,350 |
| THE BENECON GROUP, LLC | Investment Advisor | $7,161 | — | $7,161 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $289,739
- Estimated Expense Ratio: 111.878% 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 | $837,113 | — | — | — | — |
| 2023 | $238,464 | — | $46,502 | — | — |
| 2022 | $896,213 | $79,911 | $169,621 | — | — |
| 2021 | $632,600 | $131,904 | $33,221 | — | — |