Plan Ledger DOL Form 5500 · updated monthly

Crews & Associates Inc.401(k)

CREWS & ASSOCIATES INC. 401(K) PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Crews & Associates Inc. reported $123,012 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,675 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 0.31% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 88th-largest of 456 plans among Arkansas employers on file, and the 1,734th of 4,798 in finance & insurance. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has grown from 161 to 183 since 2022.

Plan summary
Net assets, end of year$47,776,650
Participants with balances188
Active participants183
Employer contributions$489,546
Employee contributions$1,708,896
Employer contribution per active participant$2,675
Average account balance$254,131
Benefits paid to participants$2,840,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.8M · 188 accts · $490K emplr
2023$42.1M · 185 accts · $454K emplr
2022$35.6M · 181 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,132
Investment management$50,880
Total administrative$123,012
The Crews & Associates Inc. 401(k) match · 2024
Employer contribution per active participant$2,675
Median for plans this size$2,416
2024$2,675 per active participant
2023$2,652 per active participant
2022$3,000 per active participant

Crews & Associates Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20244
FORVIS, LLP · Contract administrator · Recordkeeping$75,351
NEWPORT GROUP, INC. · Recordkeeping$22,893
ASCENSUS LLC · Loan processing · Recordkeeping$6,930
FINANCIAL MANAGEMENT INC · Investment advisory (plan)$17,838

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

Recordkeeper by year2
2024Ascensus, FORVIS, LLP, Newport (Ascensus)
2023FORVIS WEALTH ADVISORS LLC, Newport (Ascensus), THE NEWPORT TRUST GROUP

This plan has changed recordkeepers within these filings. If you left Crews & Associates Inc. 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$123,012 · 0.27%
2023$102,705 · 0.26%
2022$123,388 · 0.31%
Same employer
Similar plansFinance & Insurance · Arkansas
First Security Bancorp AR$84.0M · 0.01%
First Bank Corp AR$74.8M · 0.23%
First Financial Bank AR$58.5M · 0.23%
Southern Bancorp, Inc. AR$53.9M · 0.29%
Bank of England AR$41.4M · 0.52%
The Stephens Group, LLC AR$33.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710522369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.