Plan Ledger DOL Form 5500 · updated monthly

Crown Extrusions, Inc.401(k)

CROWN/NORFAB RETIREMENT PLAN · CHASKA, MN · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Crown Extrusions, Inc. reported $34,269 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,554 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,462nd of 1,918), and 10,226th of 13,661 in manufacturing. In 2022, the employer put in $3.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,905,708
Participants with balances128
Active participants134
Employer contributions$342,206
Employee contributions$96,190
Employer contribution per active participant$2,554
Average account balance$53,951
Benefits paid to participants$1,105,067
Plan auditUnmodified (clean) audit opinion
AuditorFROEHLING ANDERSON
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 126 accts · $303K emplr
2023$6.6M · 132 accts · $292K emplr
2022$6.9M · 128 accts · $342K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$34,269
Total administrative$34,269
The Crown Extrusions, Inc. 401(k) match · 2022
Employer contribution per active participant$2,554
Median for plans this size$1,114
2024$2,594 per active participant
2023$2,248 per active participant
2022$2,554 per active participant

Crown Extrusions, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$29,472 · 0.45%
2023$30,235 · 0.45%
2022$34,269 · 0.44%
Similar plansManufacturing · Minnesota
Bondhus Corporation MN$7.2M · 0.49%
Elemet Group, Inc MN$7.2M · 0.69%
Lindar Corporation MN$7.0M · 1.01%
Kit Masters, Inc. MN$6.9M · 0.20%
Reo Plastics, Inc. MN$6.9M · 1.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411427677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.