Plan Ledger DOL Form 5500 · updated monthly

Crounse Corporation401(k)

CROUNSE CORPORATION 401(K) PLAN · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Crounse Corporation reported $100,825 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,902 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 0.24% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 145th-largest of 871 plans among Kentucky employers on file, and the 389th of 2,677 in transportation & warehousing. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 285 to 382 since 2022.

Plan summary
Net assets, end of year$48,317,808
Participants with balances333
Active participants382
Employer contributions$1,490,479
Employee contributions$2,344,873
Employer contribution per active participant$3,902
Average account balance$145,099
Benefits paid to participants$3,525,349
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 333 accts · $1.5M emplr
2023$41.9M · 329 accts · $1.3M emplr
2022$36.3M · 312 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,630
Investment management$59,195
Total administrative$100,825
The Crounse Corporation 401(k) match · 2024
Employer contribution per active participant$3,902
Median for plans this size$2,416
2024$3,902 per active participant
2023$4,330 per active participant
2022$4,633 per active participant

Crounse Corporation'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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$36,698
PROCOURSE FIDUCIARY ADVISORS LLC · Investment advisory (plan)$22,498

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

Administrative cost history3
2024$100,825 · 0.22%
2023$90,609 · 0.23%
2022$100,071 · 0.24%
Same employer
Similar plansTransportation & Warehousing · Kentucky
Verst Group Logistics KY$39.9M · 0.41%
James Marine, Inc. KY$32.3M · 0.30%
P&L Transportation, Inc. KY$19.1M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610426923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.