Plan Snapshot
- Plan Sponsor: Colwell Industries, INC.
- Sponsor EIN: 200488361
- Sponsor Address: 2605 MARION DRIVE, KENDALLVILLE, IN, 46755
- Plan Type: 401(k)
- Total Participants: 37
- Total Assets: $10.4M
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 | 37 | $10.4M | $135,642 | $219,453 |
| 2023 | 97 | $10.8M | $196,304 | $365,081 |
| 2022 | 114 | $11.6M | $214,657 | $403,507 |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $21,025 | — | $21,025 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $15,165 | — | $15,165 |
| BOMBERG, HANSON & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOMBERG, HANSON & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,190
- Estimated Expense Ratio: 0.348% 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 | $15,165 | — | — | — | — |
| 2023 | $21,542 | $21,542 | — | — | — |
| 2022 | $26,956 | $26,956 | — | — | — |