Plan Snapshot
- Plan Sponsor: Colonna'S Shipyard, INC.
- Sponsor EIN: 540177940
- Sponsor Address: 400 E INDIAN RIVER RD, NORFOLK, VA, 23523
- Plan Type: 401(k)
- Total Participants: 671
- Total Assets: $43.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 671 | $43.7M | $1.2M | $3.5M |
| 2023 | 693 | $40.6M | $1.1M | $3.3M |
| 2022 | 637 | $34.4M | $959,732 | $2.9M |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — 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 | $158,295 | $17,022 | — | — | — |
| 2023 | $141,331 | $12,715 | — | — | — |
| 2022 | $119,603 | $10,894 | — | — | — |