Plan Snapshot
- Plan Sponsor: Columbian Mutual Life Insurance Company
- Sponsor EIN: 150274455
- Sponsor Address: P.O. BOX 1381, BINGHAMTON, NY, 139021381
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $76.4M
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 | 181 | $76.4M | $1.6M | $2.1M |
| 2023 | 288 | $81.5M | $1.8M | $2.3M |
| 2022 | 308 | $72.9M | $1.8M | $2.2M |
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 |
|---|---|---|---|---|
| DERMODY BURKE & BROWN CPAS ,LLC | Auditor | — | — | $0 |
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 | $43,592 | — | — | — | — |
| 2023 | $38,515 | — | — | — | — |
| 2022 | $36,498 | — | — | — | — |