Plan Ledger DOL Form 5500 · updated monthly

Crown Packaging Corporation401(k)

CROWN PACKAGING CORPORATION PROFIT SHARING PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Crown Packaging Corporation reported $33,046 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $242 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 1.22% to 1.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,876th of 3,295), and 12,318th of 13,661 in manufacturing. In 2024, employees put in $3.42 for every $1.00 the employer contributed; active participation has grown from 188 to 207 since 2022.

Plan summary
Net assets, end of year$2,936,784
Participants with balances272
Active participants207
Employer contributions$50,000
Employee contributions$170,893
Employer contribution per active participant$242
Average account balance$10,797
Benefits paid to participants$280,021
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 272 accts · $50K emplr
2023$2.7M · 394 accts · $50K emplr
2022$2.3M · 367 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,768
Investment management$14,278
Total administrative$33,046
The Crown Packaging Corporation 401(k) match · 2024
Employer contribution per active participant$242
Median for plans this size$1,313
2024$242 per active participant
2023$250 per active participant
2022$266 per active participant

Crown Packaging Corporation's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CREATIVE RETIREMENT SYSTEMS, INC. · Recordkeeping · Loan processing$11,233
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$7,536
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$14,278

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

Recordkeeper by year2
2024CREATIVE RETIREMENT SYSTEMS, INC., Transamerica
2023CREATIVE RETIREMENT SYSTEMS, INC., Transamerica

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

Administrative cost history3
2024$33,046 · 1.16%
2023$16,982 · 0.68%
2022$30,807 · 1.22%
Same employer
Similar plansManufacturing · Ohio
Schrocks Woodcrafts, Inc. OH$3.1M · 0.83%
Greenfield Research, Inc. OH$2.9M · 0.59%
Busken Bakery, Inc. OH$2.8M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310743880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.