Plan Snapshot
- Plan Sponsor: Colormasters, LLC
- Sponsor EIN: 631286142
- Sponsor Address: P.O. BOX 2289, ALBERTVILLE, AL, 359500037
- Plan Type: 401(k)
- Total Participants: 502
- Total Assets: $3.3M
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 | 502 | $3.3M | $34,417 | $350,599 |
| 2023 | 453 | $2.7M | $37,162 | $371,625 |
| 2022 | 421 | $2.2M | $40,939 | $409,393 |
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 |
|---|---|---|---|---|
| MDA PROFESSIONAL GROUP, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MDA PROFESSIONAL GROUP, P.C. — 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 | $2,751 | — | — | — | — |
| 2023 | $2,265 | — | — | — | — |
| 2022 | $1,679 | — | — | — | $1,679 |