Plan Ledger DOL Form 5500 · updated monthly

Crown Crafts, Inc.401(k)

CROWN CRAFTS, INC. 401K RETIREMENT SAVINGS PLAN · GONZALES, LA · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Crown Crafts, Inc. reported $89,746 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,339 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 0.90% to 0.52%. 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 274th-largest of 884 plans among Louisiana employers on file, and the 6,232nd of 13,661 in manufacturing. In 2024, employees put in $2.79 for every $1.00 the employer contributed; active participation has grown from 117 to 147 since 2022.

Plan summary
Net assets, end of year$18,478,061
Participants with balances175
Active participants147
Employer contributions$343,770
Employee contributions$959,446
Employer contribution per active participant$2,339
Average account balance$105,589
Benefits paid to participants$1,123,598
Plan auditUnmodified (clean) audit opinion
AuditorEISNERAMER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 175 accts · $344K emplr
2023$16.3M · 182 accts · $306K emplr
2022$13.8M · 157 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,399
Investment management$43,347
Total administrative$89,746
The Crown Crafts, Inc. 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,081 per active participant
2022$2,484 per active participant

Crown Crafts, 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 · 20242
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$46,399
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$43,346

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

Recordkeeper by year2
2024Transamerica
2023Ascensus, Transamerica

This plan has changed recordkeepers within these filings. If you left Crown Crafts, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$89,746 · 0.52%
2023$98,483 · 0.66%
2022$136,912 · 0.90%
Same employer
Similar plansManufacturing · Louisiana
Fibrebond Corporation LA$23.7M · 0.37%
James Machine Works, LLC LA$21.3M · 0.02%
Deltech Monomers Opco LLC LA$19.1M · 0.29%
K & B Machine Works, LLC LA$17.8M · 0.18%
Abell, LLC LA$17.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580678148 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.