Colony Bankcorp, Inc. 401(k) Plan: Login, Facts & Contact Information

Colony Bankcorp, Inc. 401(k) Plan Facts

Plan name
COLONY BANKCORP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COLONY BANKCORP, INC.
Participants
639 (483 active employees)
Former employees with a balance
98
Plan assets
$34,307,656 at Dec 31, 2024
Average account balance
$60,507 across 567 accounts
Employer contributions
$1,837,315 in plan year 2024 (35% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 2002
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.23 million went into the plan in contributions, $1.84 million of it from the employer (35%).
  • $3.30 million was paid out to participants.
  • Investment and other income added $4.35 million.
  • Administrative expenses were $157,483, about $278 per account.

How the Colony Bankcorp, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019464$13.3 million$1.39 million$1.68 million
2020546$17.3 million$1.03 million$1.31 million
2021546$24.9 million$1.39 million$1.39 million
2022614$23.2 million$1.78 million$3.19 million
2023713$28.2 million$1.83 million$3.83 million
2024639$34.3 million$1.84 million$3.30 million

Colony Bankcorp, Inc. 401(k) Contact Information

Phone
229-426-6000
Mailing address
2900 OLD DAWSON RD, ALBANY GA 31721
Plan sponsor
COLONY BANKCORP, INC.
Employer identification number (EIN)
58-1492391
Plan number
002

Questions about the Colony Bankcorp, Inc. 401(k)

Does Colony Bankcorp, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.84 million, 35% of all contributions.

Does the Colony Bankcorp, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Colony Bankcorp, Inc 401(k) plan?

639 participants at the start of plan year 2024, 483 of them active employees, and 98 former employees who still had money in the plan.

What is the average 401(k) balance at Colony Bankcorp, Inc?

About $60,507 per account: $34.3 million in plan assets across 567 accounts with a balance at the end of plan year 2024.

Who manages the Colony Bankcorp, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Colony Bankcorp, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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