Plan Ledger DOL Form 5500 · updated monthly

Crosman Corporation401(k)

CROSMAN CORPORATION RETIREMENT INCENTIVE SAVINGS PLAN · BLOOMFIELD, NY · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Crosman Corporation reported $110,983 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,227 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 rose from 0.51% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,173rd-largest of 5,648 plans among New York employers on file, and the 5,050th of 13,661 in manufacturing. In 2023, employees put in $4.47 for every $1.00 the employer contributed; active participation has shrunk from 337 to 271 since 2022.

Plan summary
Net assets, end of year$25,521,744
Participants with balances396
Active participants271
Employer contributions$332,418
Employee contributions$1,484,477
Employer contribution per active participant$1,227
Average account balance$64,449
Benefits paid to participants$1,314,416
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 305 accts · $281K emplr
2023$25.5M · 396 accts · $332K emplr
2022$21.4M · 419 accts · $481K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,486
Investment management$29,497
Total administrative$110,983
The Crosman Corporation 401(k) match · 2023
Employer contribution per active participant$1,227
Median for plans this size$2,440
2024$2,246 per active participant
2023$1,227 per active participant
2022$1,429 per active participant

Crosman Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK RETIREMENT PLAN SERVIC · Recordkeeping · Loan processing$82,983
LPL FINANCIAL · Investment advisory (plan)$28,000

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$112,567 · 0.53%
2023$110,983 · 0.47%
2022$120,562 · 0.51%
Same employer
Similar plansManufacturing · New York
Ecr International, Inc. NY$25.8M · 0.36%
Seal and Design, Inc. NY$25.8M · 0.18%
Century Mold Co., Inc. NY$25.6M · 0.50%
Raulli and Sons, Inc. NY$25.6M · 0.07%
Diamond Packaging, Inc. NY$25.1M · 0.05%
Darktrace Inc NY$24.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223057382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.