Plan Snapshot
- Plan Sponsor: The Colasanti Group, INC.
- Sponsor EIN: 381458813
- Sponsor Address: 24500 WOOD COURT, MACOMB, MI, 48042
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $10.6M
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 | 140 | $10.6M | $291,472 | $611,211 |
| 2023 | 184 | $9.6M | $297,069 | $615,558 |
| 2022 | 156 | $10.1M | $256,289 | $563,626 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $29,828 | — | $29,828 |
| COMMONWEALTH FINANCIAL | NONE | $19,013 | — | $19,013 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- COMMONWEALTH FINANCIAL — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,841
- Estimated Expense Ratio: 0.459% 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 | $23,084 | — | $4,071 | $19,013 | — |
| 2023 | $37,612 | $19,334 | $18,278 | — | — |
| 2022 | $38,614 | $30,358 | $8,256 | — | — |