Plan Ledger DOL Form 5500 · updated monthly

Crown Health Care Laundry Services, LLC401(k)

CROWN HEALTH CARE LAUNDRY SERVICES 401(K) PLAN · PENSACOLA, FL · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Crown Health Care Laundry Services, LLC reported $73,205 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $807 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 0.83% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 1,692nd-largest of 3,644 plans among Florida employers on file, and the 1,569th of 3,341 in other services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 750 to 843 since 2022.

Plan summary
Net assets, end of year$10,950,313
Participants with balances343
Active participants843
Employer contributions$680,135
Employee contributions$1,213,361
Employer contribution per active participant$807
Average account balance$31,925
Benefits paid to participants$1,089,051
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA INC.
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 343 accts · $680K emplr
2023$8.8M · 267 accts · $575K emplr
2022$6.8M · 249 accts · $542K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,205
Total administrative$73,205
The Crown Health Care Laundry Services, LLC 401(k) match · 2024
Employer contribution per active participant$807
Median for plans this size$1,313
2024$807 per active participant
2023$673 per active participant
2022$723 per active participant

Crown Health Care Laundry Services, LLC's 2024 employer contribution ran below the $1,313 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 · 20246
ADP, INC. · Loan processing · Recordkeeping$7,515
FIDELITY INVESTMENTS INSTITUTIONAL · Plan administrator · Trustee (discretionary)$46,246
FIDELITY INVESTMENTS INSTITUTIONAL · Investment advisory (participants)$7,273
SKIBBIE CPA INC · Accounting / audit$7,000
STRATEGIC ADVISORS, INC · Investment advisory (plan)$5,170
ADP BROKER-DEALER · Other servicesindirect 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$73,205 · 0.74%
2023$58,999 · 0.76%
2022$56,590 · 0.83%
Same employer
Similar plansOther Services · Florida
Endeavor Schools, LLC FL$11.5M · 0.28%
Daytona Heart Group FL$11.2M · 0.61%
Vitality Home Care, Inc. FL$11.2M · 0.19%
Enterprise Florida, Inc. FL$10.8M · 0.03%
Aris Global, LLC FL$10.8M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593056648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.