Plan Snapshot
- Plan Sponsor: Colonial Bag LLC
- Sponsor EIN: 362820702
- Sponsor Address: 205 EAST FULLERTON AVENUE, CAROL STREAM, IL, 60188
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $10.1M
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 | 284 | $10.1M | $384,890 | $664,853 |
| 2023 | 229 | $7.9M | $244,487 | $497,132 |
| 2022 | 124 | $3.0M | $178,172 | $149,140 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $30,765 | — | $30,765 |
| ALERA GROUP DBA ALERA INVESTMENT AD | INVESTMENT ADVISOR | $23,978 | — | $23,978 |
| OSTROW REISIN BERK & ABRAMS, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSTROW REISIN BERK & ABRAMS, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,743
- Estimated Expense Ratio: 0.541% 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 | $55,058 | $24,293 | — | — | — |
| 2023 | $25,606 | $13,770 | — | — | — |
| 2022 | — | — | — | — | — |