Plan Snapshot
- Plan Sponsor: Colours, INC.
- Sponsor EIN: 232434138
- Sponsor Address: 1137 HANOVER STREET, HANOVER TOWNSHIP, PA, 18706
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $6.1M
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 | 252 | $6.1M | $120,109 | $409,706 |
| 2023 | 248 | $5.3M | $119,126 | $383,092 |
| 2022 | 225 | $5.1M | $118,969 | $398,922 |
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 |
|---|---|---|---|---|
| MMQ & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMQ & ASSOCIATES, 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 | $46,042 | $31,461 | $14,581 | — | — |
| 2023 | $41,557 | $25,874 | $15,683 | — | — |
| 2022 | $41,646 | $26,897 | — | — | — |