Plan Ledger DOL Form 5500 · updated monthly

Crown Pacific, Inc.401(k)

CROWN PACIFIC, INC. 401(K) PLAN · NEW BRUNSWICK, NJ · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Crown Pacific, Inc. reported $48,953 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,314 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 has held roughly steady near 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (1,477th of 2,419), and the 1,121st of 2,677 in transportation & warehousing. In 2023, employees put in $6.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,547,436
Participants with balances96
Active participants24
Employer contributions$31,535
Employee contributions$198,098
Employer contribution per active participant$1,314
Average account balance$109,869
Benefits paid to participants$860,180
Plan auditUnmodified (clean) audit opinion
AuditorGELTRUDE & COMPANY, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$10.5M · 96 accts · $32K emplr
2022$9.7M · 111 accts · $41K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,181
Investment management$24,772
Total administrative$48,953
The Crown Pacific, Inc. 401(k) match · 2023
Employer contribution per active participant$1,314
Median for plans this size$2,440
2023$1,314 per active participant
2022$1,254 per active participant

Crown Pacific, Inc.'s 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$24,772
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,181

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

Administrative cost history2
2023$48,953 · 0.48%
2022$56,131 · 0.50%
Similar plansTransportation & Warehousing · New Jersey
Aaa South Jersey, Inc. NJ$11.8M · 0.02%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Lx Pantos USA, Inc. NJ$10.5M · 0.24%
Budd van Lines, Inc. NJ$10.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953489805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.