Plan Ledger DOL Form 5500 · updated monthly

Crowne Management, LLC401(k)

CROWNE MANAGEMENT, LLC 401(K) AND PROFIT SHARING PLAN · MONROEVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Crowne Management, LLC reported $240,214 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $253 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 0.84% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 212th-largest of 902 plans among Alabama employers on file, and the 2,549th of 11,911 in health care & social assistance. In 2024, employees put in $6.09 for every $1.00 the employer contributed; active participation has grown from 1,930 to 2,275 since 2022.

Plan summary
Net assets, end of year$33,573,609
Participants with balances2,132
Active participants2,275
Employer contributions$575,836
Employee contributions$3,504,766
Employer contribution per active participant$253
Average account balance$15,747
Benefits paid to participants$4,980,845
Plan auditUnmodified (clean) audit opinion
AuditorJACKSON THORNTON & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.6M · 2,132 accts · $576K emplr
2023$30.4M · 1,794 accts · $516K emplr
2022$25.5M · 1,686 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$186,712
Total administrative$240,214
The Crowne Management, LLC 401(k) match · 2024
Employer contribution per active participant$253
Median for plans this size$2,416
2024$253 per active participant
2023$249 per active participant
2022$277 per active participant

Crowne Management, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$186,704
REGIONS BANK · Investment advisory (plan)$53,510

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$240,214 · 0.75%
2023$218,529 · 0.78%
2022$235,122 · 0.84%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
S.B.J.S., P.C. AL$42.0M · 0.15%
Highfive Dental Holdco, LLC AL$40.8M · 0.28%
Turenne & Associates, LLC AL$29.0M · 0.44%
Gut, P.C. AL$25.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562391858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.