Plan Ledger DOL Form 5500 · updated monthly

Crowne Partners, Inc.401(k)

CROWNE PARTNERS, INC. 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Crowne Partners, Inc. reported $19,321 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $525 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 0.12% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Alabama (561st of 902), and 1,375th of 2,096 in real estate & leasing. In 2024, employees put in $5.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,517,547
Participants with balances119
Active participants177
Employer contributions$92,962
Employee contributions$556,039
Employer contribution per active participant$525
Average account balance$54,769
Benefits paid to participants$697,938
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 119 accts · $93K emplr
2023$5.7M · 114 accts · $88K emplr
2022$4.3M · 110 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,600
Investment management$6,216
Total administrative$19,321
The Crowne Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$525
Median for plans this size$1,313
2024$525 per active participant
2023$467 per active participant
2022$488 per active participant

Crowne Partners, Inc.'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
WARREN AVERETT, LLC · Accounting / audit$14,500
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$4,821
MORGAN STANLEY SMITH BARNEY LLCindirect 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$19,321 · 0.32%
2023$4,674 · 0.09%
2022$5,847 · 0.12%
Same employer
Similar plansReal Estate & Leasing · Alabama
Craneworks, Inc. AL$12.1M · 0.63%
Metro Mini Storage AL$8.6M · 0.52%
Bayer Properties, L.L.C. AL$6.2M · 0.70%
Jcj-Raleigh, LLC AL$5.2M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631056824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.