Plan Snapshot
- Plan Sponsor: Colson Medical LLC
- Sponsor EIN: 842860690
- Sponsor Address: 181 W. MADISON ST., CHICAGO, IL, 60602
- Plan Type: 401(k)
- Total Participants: 1,271
- Total Assets: $190.2M
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 | 1,271 | $190.2M | $6.9M | $9.1M |
| 2023 | 1,258 | $169.3M | $6.6M | $8.8M |
| 2022 | 1,189 | $140.6M | $6.2M | $8.0M |
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 |
|---|---|---|---|---|
| MERCER INC. | CONSULTANT | $89,116 | — | $89,116 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $54,127 | — | $54,127 |
| GRANT THORNTON | ACCOUNTANT/AUDITOR | $36,075 | — | $36,075 |
| THOMPSON COBURN LLP | ATTORNEY/LEGAL | $11,130 | — | $11,130 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- GRANT THORNTON — ACCOUNTANT/AUDITOR
- THOMPSON COBURN LLP — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $190,448
- Estimated Expense Ratio: 0.100% 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 | $75,981 | $54,127 | $600 | $36,075 | — |
| 2023 | $99,791 | $42,161 | — | $32,500 | — |
| 2022 | $171,265 | $20,194 | — | — | — |