Plan Ledger DOL Form 5500 · updated monthly

Crown Battery Manufacturing Company401(k)

CROWN BATTERY MANUFACTURING COMPANY 401(K) PROFIT SHARING PLAN · FREMONT, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Crown Battery Manufacturing Company reported $20,866 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,360 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 0.06% to 0.04%. 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 666th-largest of 3,295 plans among Ohio employers on file, and the 3,206th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,846,465
Participants with balances542
Active participants483
Employer contributions$1,139,945
Employee contributions$2,189,028
Employer contribution per active participant$2,360
Average account balance$90,123
Benefits paid to participants$5,064,903
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.8M · 542 accts · $1.1M emplr
2023$44.4M · 529 accts · $1.1M emplr
2022$34.0M · 511 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,866
Total administrative$20,866
The Crown Battery Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$2,360
Median for plans this size$2,416
2024$2,360 per active participant
2023$2,261 per active participant
2022$2,080 per active participant

Crown Battery Manufacturing Company'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,866
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
CETERA ADVISORS NETWORKS LLC · Consulting · Investment advisory (plan)indirect comp

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$20,866 · 0.04%
2023$18,873 · 0.05%
2022$18,007 · 0.06%
Same employer
Similar plansManufacturing · Ohio
Gooch & Housego (Ohio) LLC. OH$50.0M · 0.36%
The Dupps Company OH$49.3M · 0.12%
Stratus Unlimited, LLC OH$49.1M · 0.44%
Gold Medal Products Co. OH$48.9M · 0.22%
Osco Industries, Inc. OH$47.4M · 0.15%
Republic Steel OH$47.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344481335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.