Plan Ledger DOL Form 5500 · updated monthly

Crown Bakeries, LLC401(k)

CROWN BAKERIES RETIREMENT PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Crown Bakeries, LLC reported $146,421 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,244 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 0.75% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 469th-largest of 1,496 plans among Tennessee employers on file, and the 5,091st of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 1,004 to 1,380 since 2022.

Plan summary
Net assets, end of year$25,207,009
Participants with balances675
Active participants1,380
Employer contributions$1,717,353
Employee contributions$2,310,928
Employer contribution per active participant$1,244
Average account balance$37,344
Benefits paid to participants$2,651,974
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 675 accts · $1.7M emplr
2023$21.3M · 586 accts · $1.6M emplr
2022$15.8M · 608 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,109
Investment management$80,312
Total administrative$146,421
The Crown Bakeries, LLC 401(k) match · 2024
Employer contribution per active participant$1,244
Median for plans this size$2,416
2024$1,244 per active participant
2023$1,471 per active participant
2022$1,438 per active participant

Crown Bakeries, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMBREE FINANCIAL GROUP · Investment management$80,312
THE VANGUARD GROUP · Contract administrator$61,131
RETIREMENT PLAN CONSULTANTS · Loan processing$26,098

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$146,421 · 0.63%
2023$152,120 · 0.82%
2022$111,209 · 0.75%
Same employer
Similar plansManufacturing · Tennessee
Bath Fitter Tennessee, Inc. TN$27.4M · 0.66%
Crown Laboratories,Inc. TN$27.1M · 0.12%
True Temper Sports, Inc. TN$26.4M · 0.27%
The Coats Company, LLC TN$25.8M · 0.08%
Penn a Kem LLC TN$25.0M · 0.20%
Jpw Industries, Inc. TN$24.8M · 0.56%
Huf North America TN$24.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621643260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.