Plan Ledger DOL Form 5500 · updated monthly

Crowley Webb and Associates, Inc401(k)

CROWLEY WEBB AND ASSOCIATES RETIREMENT SAVINGS PLAN · BUFFALO, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Crowley Webb and Associates, Inc reported $47,676 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,417 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,516th of 5,648), and 7,775th of 11,654 in professional & technical services. In 2024, employees put in $5.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,709,080
Participants with balances155
Active participants128
Employer contributions$181,435
Employee contributions$915,503
Employer contribution per active participant$1,417
Average account balance$69,091
Benefits paid to participants$2,568,228
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 155 accts · $181K emplr
2023$10.5M · 171 accts · $203K emplr
2022$9.2M · 167 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,140
Investment management$45,536
Total administrative$47,676
The Crowley Webb and Associates, Inc 401(k) match · 2024
Employer contribution per active participant$1,417
Median for plans this size$2,416
2024$1,417 per active participant
2023$1,417 per active participant
2022$1,354 per active participant

Crowley Webb and Associates, Inc's 2024 employer contribution ran below 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
ADP, INC. · Loan processing · Recordkeeping$24,608
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$23,067
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$47,676 · 0.45%
2023$49,369 · 0.50%
2022$44,769 · 0.46%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 161281496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.