Plan Ledger DOL Form 5500 · updated monthly

Crown Products Company, Inc.401(k)

CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Crown Products Company, Inc. reported $10,030 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,037 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 0.19% to 0.15%. 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 Florida (2,151st of 3,644), and 10,140th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 148 to 173 since 2022.

Plan summary
Net assets, end of year$7,058,647
Participants with balances218
Active participants173
Employer contributions$179,431
Employee contributions$229,646
Employer contribution per active participant$1,037
Average account balance$32,379
Benefits paid to participants$458,272
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 218 accts · $179K emplr
2023$6.3M · 189 accts · $175K emplr
2022$5.2M · 173 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,950
Investment management$7,580
Total administrative$10,030
The Crown Products Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,037
Median for plans this size$1,313
2024$1,037 per active participant
2023$1,215 per active participant
2022$1,014 per active participant

Crown Products Company, Inc.'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 · 20242
ASSURANCE DIMENSIONS$7,580
WELLS FARGO ADVISORS FINANCIAL NETWindirect 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$10,030 · 0.15%
2023$8,759 · 0.15%
2022$12,045 · 0.19%
Same employer
Similar plansManufacturing · Florida
King Plastic Corporation FL$7.3M · 0.49%
Molekule Group, Inc. FL$7.2M · 0.40%
03 USA, Inc. FL$7.0M · 0.63%
Tse Industries, Inc. FL$7.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591038302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.