Colliers Engineering & Design, Inc. 401(k) Review & Grade
Colliers Engineering & Design, Inc. 401(k) Savings & Retirement Plan
Holmdel, NJProfessional, Scientific & Technical Services2,234 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,438Employer $ per active participant
$8,275Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$271.7MNet plan assets, end of year
$95,990Average balance per account
Score breakdown
- Employer generosity20.2 / 5040th percentile for employer $ per participant
- Low cost24.4 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving6.5 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score61 / 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 | 40th |
| Lower admin cost | 98th |
| Employee saving | 43th |
| 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
- Colliers Engineering & Design put in about $2,438 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $5,445,867 |
| Participant (employee) contributions | $18,481,851 |
| Other contributions (incl. rollovers in) | $6,652,664 |
| Administrative expenses paid from the plan | $28,000 |
| Other admin expenses | $28,000 |
| Benefits paid out | $19,976,497 |
| Net assets, start / end of year | $233.5M / $271.7M |
| Active participants, start / end of year | 2,088 / 2,379 |
| Participants with account balances | 2,831 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Wiss & Company, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $479,578 reported compensation |
| Newport Capital Group LLC | $130,000 reported compensation |
| Wiss & Company LLP | $23,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014103154NAL0005433090001, received 2025-10-14, EIN 22-2651610, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.