Colsa Corporation 401(k) Review & Grade
Colsa Corporation 401(k) Profit Sharing Plan
Huntsville, ALProfessional, Scientific & Technical Services1,522 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,722Employer $ per active participant
$8,051Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$277.1MNet plan assets, end of year
$108,509Average balance per account
Score breakdown
- Employer generosity30.2 / 5060th percentile for employer $ per participant
- Low cost22.5 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving6.3 / 1542th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score69 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 90th |
| Employee saving | 42th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Colsa put in about $3,722 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,664,261 |
| Participant (employee) contributions | $12,254,335 |
| Other contributions (incl. rollovers in) | $2,351,141 |
| Administrative expenses paid from the plan | $108,354 |
| Investment advisory & management fees | $27,912 |
| Benefits paid out | $33,910,737 |
| Net assets, start / end of year | $257.9M / $277.1M |
| Active participants, start / end of year | 1,467 / 1,577 |
| Participants with account balances | 2,554 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Maudlin & Jenkins, LLC |
Largest service providers (Schedule C)
| Usi Consulting Group | $108,354 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009093923NAL0006379777001, received 2025-10-09, EIN 63-0798322, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.