Plan Ledger DOL Form 5500 · updated monthly

Crawford United 401(K) Plan401(k)

CRAWFORD UNITED 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.60%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Crawford United 401(K) Plan reported $74,201 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,287 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.71% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,731st of 3,295), and 7,689th of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed; active participation has grown from 290 to 373 since 2022.

Plan summary
Net assets, end of year$13,090,389
Participants with balances450
Active participants373
Employer contributions$480,005
Employee contributions$1,323,325
Employer contribution per active participant$1,287
Average account balance$29,090
Benefits paid to participants$2,048,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 450 accts · $480K emplr
2023$11.8M · 378 accts · $393K emplr
2022$9.7M · 366 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,201
Total administrative$74,201
The Crawford United 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$1,287
Median for plans this size$2,416
2024$1,287 per active participant
2023$1,146 per active participant
2022$1,223 per active participant

Crawford United 401(K) Plan's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$35,085
MEADEN & MOORE, LTD. · Accounting / audit$21,000
NFP RETIREMENT, INC. · Investment advisory (plan)$18,240

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Crawford United 401(K) Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,201 · 0.60%
2023$52,378 · 0.49%
2022$70,389 · 0.71%
Same employer
Similar plansManufacturing · Ohio
Sandusky International Inc OH$13.2M · 0.12%
Star Manufacturing, LLC OH$13.2M · 0.51%
Upc Holdings III Corp. OH$13.1M · 0.40%
Fecon, LLC OH$13.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340288470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.