Plan Ledger DOL Form 5500 · updated monthly

Crower Engineering & Sales Co.401(k)

CROWER ENGINEERING & SALES CO. INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.98%

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

Crower Engineering & Sales Co. reported $27,167 in plan administrative expenses for 2023: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.82% to 0.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,864th of 9,483), and 12,295th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,972,294
Participants with balances74
Active participants78
Employer contributions$0
Employee contributions$131,654
Employer contribution per active participant$0
Average account balance$40,166
Benefits paid to participants$138,490
Plan auditUnmodified (clean) audit opinion
AuditorDUFFY KRUSPODIN, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 74 accts
2022$2.6M · 101 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,905
Investment management$9,262
Total administrative$27,167
The Crower Engineering & Sales Co. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Crower Engineering & Sales Co.'s 2023 employer contribution ran below the $1,308 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
AGF ADVISORS · Investment advisory (participants)$9,262

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

Administrative cost history2
2023$27,167 · 0.98%
2022$23,149 · 0.82%
Similar plansManufacturing · California
Eibach, Inc. CA$3.0M · 1.05%
Isu Petasys Corp. CA$3.0M · 0.05%
Traina Dried Fruit, Inc. CA$3.0M · 0.63%
Spooner's Woodworks, Inc. CA$2.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952319238 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.