Plan Snapshot
- Plan Sponsor: Colonial Chemical, INC.
- Sponsor EIN: 621355890
- Sponsor Address: 225 COLONIAL DRIVE, SOUTH PITTSBURG, TN, 37380
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $8.0M
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 | 159 | $8.0M | $317,995 | $827,634 |
| 2023 | 150 | $6.9M | $316,389 | $833,438 |
| 2022 | 161 | $5.2M | $285,726 | $756,173 |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $73,190 | $70,542 | $2,648 | — | — |
| 2023 | $60,419 | $58,090 | $2,329 | — | — |
| 2022 | $3,370 | — | $3,370 | — | — |