Plan Snapshot
- Plan Sponsor: Collum'S Administration & Maintenance Company, LLC
- Sponsor EIN: 010679228
- Sponsor Address: P.O. BOX 535, ALLENDALE, SC, 29810
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 148
- Total Assets: $18.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 148 | $18.4M | $600,000 | $364,658 |
| 2023 | 150 | $16.9M | $1.0M | $347,500 |
| 2022 | 146 | $14.9M | $1.5M | $316,807 |
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 |
|---|---|---|---|---|
| SYNOVUS TRUST COMPANY, NA | Other Service Provider | $44,190 | — | $44,190 |
| AMERITAS | Recordkeeper | $12,302 | — | $12,302 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $8,219 | — | $8,219 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,711
- Estimated Expense Ratio: 0.351% 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 | $64,711 | — | $56,492 | — | — |
| 2023 | $61,139 | — | $61,139 | — | — |
| 2022 | $58,625 | — | $58,625 | — | — |