Plan Ledger DOL Form 5500 · updated monthly

Crown Energy Company401(k)

CROWN ENERGY COMPANY 401(K) PROFIT SHARING PLAN & TRUST · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Crown Energy Company reported $38,850 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $2,304 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 1.23% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oklahoma (526th of 724), and 9,538th of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 142 to 166 since 2022.

Plan summary
Net assets, end of year$5,637,029
Participants with balances197
Active participants166
Employer contributions$382,382
Employee contributions$894,276
Employer contribution per active participant$2,304
Average account balance$28,614
Benefits paid to participants$309,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 197 accts · $382K emplr
2023$4.1M · 176 accts · $318K emplr
2022$2.9M · 159 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,136
Trustee / custodial$30,714
Total administrative$38,850
The Crown Energy Company 401(k) match · 2024
Employer contribution per active participant$2,304
Median for plans this size$1,313
2024$2,304 per active participant
2023$2,132 per active participant
2022$1,659 per active participant

Crown Energy Company's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$38,850

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,850 · 0.79%
2023$31,880 · 0.91%
2022$40,417 · 1.23%
Similar plansProfessional & Technical Services · Oklahoma
Altamira-Us, LLC OK$5.9M · 1.10%
Long Wave, Inc. OK$5.3M · 0.69%
Objectstream, Inc. OK$4.7M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731482569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.