Retirement plan

COLONIAL SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: COLONIAL SYSTEMS, INC. - COLONIAL SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: COLONIAL SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLONIAL SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, COLONIAL SYSTEMS, INC.

COLONIAL SYSTEMS, INC.EIN 04-3152864Plan #002PY 2023

1 DISTRIBUTION CENTER CIRCLE - LITTLETON, MA 01460978-657-6508colonialsystems.comLinkedIn51-200 employeesfacilities services

Other plans on this EIN

1 filing

#001Retirement-$1.8M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$19.9M

+78.1% from 2022

Total participants

+11.1% from 2022

Average account balance

$685,143

+53.5% from 2022

Annual return

72.88%

+65.07 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$21.67M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$677K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$758K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$36K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+5.25%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$12322

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2I3I2P

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$122K

$5564 / participant

Other / not subdivided$122K100.0%

% of EOY assets

0.616%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$685,143

$106,247+544.9%

$96,515+609.9%

$139,466+391.3%

Participation rate

95.5%

77.8%+17.6pp

74.3%+21.1pp

80.3%+15.1pp

Annual return

72.88%

38.47%+34.4pp

35.73%+37.2pp

373.66%-300.8pp

Employer contribution / active EE

$26,380

$4,106+542.5%

$3,740+605.4%

$4,754+454.9%

Participant deferral / active EE

$5,456-100.0%

$4,880-100.0%

$6,712-100.0%

Admin fee / account holder

$4,221

$7,885-46.5%

$6,735-37.3%

$11,409-63.0%

COLONIAL SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLONIAL SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion