Plan Ledger DOL Form 5500 · updated monthly

Crutchfield Corporation401(k)

CRUTCHFIELD CORPORATION PROFIT SHARING PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Crutchfield Corporation reported $4,059 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,149 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 0.07% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 340th-largest of 2,266 plans among Virginia employers on file, and the 439th of 5,215 in retail trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 700 to 576 since 2022.

Plan summary
Net assets, end of year$81,351,410
Participants with balances694
Active participants576
Employer contributions$1,237,600
Employee contributions$2,136,805
Employer contribution per active participant$2,149
Average account balance$117,221
Benefits paid to participants$2,801,723
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS HANCHER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$81.4M · 694 accts · $1.2M emplr
2023$71.1M · 729 accts · $1.3M emplr
2022$60.4M · 734 accts · $1.3M emplr
The Crutchfield Corporation 401(k) match · 2024
Employer contribution per active participant$2,149
Median for plans this size$3,635
2024$2,149 per active participant
2023$2,138 per active participant
2022$1,879 per active participant

Crutchfield Corporation's 2024 employer contribution ran below the $3,635 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$4,459

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$4,059 · 0.01%
2023$3,799 · 0.01%
2022$45,408 · 0.07%
Same employer
Similar plansRetail Trade · Virginia
Sheehy Auto Stores, Inc. VA$130.6M · 0.33%
Lidl US, LLC VA$120.1M · 0.34%
Lindsay Chevrolet, LLC VA$76.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540960335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.