Plan Ledger DOL Form 5500 · updated monthly

Crown Laboratories,Inc.401(k)

CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · JOHNSON CITY, TN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Crown Laboratories,Inc. reported $24,736 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,254 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 rose from 0.01% to 0.12%. 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 456th-largest of 1,496 plans among Tennessee employers on file, and the 4,855th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 441 to 718 since 2022.

Plan summary
Net assets, end of year$27,087,105
Participants with balances624
Active participants718
Employer contributions$1,618,097
Employee contributions$3,334,594
Employer contribution per active participant$2,254
Average account balance$43,409
Benefits paid to participants$3,311,315
Plan auditUnmodified (clean) audit opinion
AuditorBLACKBURN, CHILDERS & STEAGALL, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.1M · 624 accts · $1.6M emplr
2023$14.4M · 331 accts · $919K emplr
2022$10.7M · 321 accts · $60K emplr
The Crown Laboratories,Inc. 401(k) match · 2024
Employer contribution per active participant$2,254
Median for plans this size$2,416
2024$2,254 per active participant
2023$1,702 per active participant
2022$136 per active participant

Crown Laboratories,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 · 20243
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$56,267
QUALIFIED PLAN ADMINIISTRATORS INC · Contract administrator$18,092

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$24,736 · 0.12%
2023$21,450 · 0.17%
2022$1,550 · 0.01%
Same employer
Similar plansManufacturing · Tennessee
Red Collar Pet Foods, Inc. TN$29.3M · 0.31%
Sl America Corporation TN$27.6M · 0.14%
Bath Fitter Tennessee, Inc. TN$27.4M · 0.66%
True Temper Sports, Inc. TN$26.4M · 0.27%
The Coats Company, LLC TN$25.8M · 0.08%
Crown Bakeries, LLC TN$25.2M · 0.63%
Penn a Kem LLC TN$25.0M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621840490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.