Plan Ledger DOL Form 5500 · updated monthly

Crystal Enterprises, Inc.401(k)

CRYSTAL ENTERPRISES, INC. 401(K) SAVINGS PLAN · THOMPSONVILLE, MI · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Crystal Enterprises, Inc. reported $29,102 in plan administrative expenses for 2023: 0.34% of average plan assets, below the peer median. Employer contributions averaged $582 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 1 year on file its reported administrative ratio rose from 0.28% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (1,587th of 2,619), and the 596th of 2,240 in accommodation & food services. In 2023, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,280,611
Participants with balances154
Active participants260
Employer contributions$151,375
Employee contributions$442,021
Employer contribution per active participant$582
Average account balance$60,264
Benefits paid to participants$701,187
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.3M · 154 accts · $151K emplr
2022$7.6M · 158 accts · $151K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,912
Investment management$8,190
Total administrative$29,102
The Crystal Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$582
Median for plans this size$1,308
2023$582 per active participant
2022$534 per active participant

Crystal Enterprises, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$4,225
FIFTH THIRD BANK · Investment advisory (plan)$3,965

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

Administrative cost history2
2023$29,102 · 0.34%
2022$21,679 · 0.28%
Same employer
Similar plansAccommodation & Food Services · Michigan
Patton Wings, Inc. MI$14.0M · 0.63%
Tsfr Apple Venture LLC MI$12.2M · 0.56%
Sundance, Inc. MI$7.2M · 0.63%
Russ' of Holland, Inc. MI$6.9M · 0.61%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 381819511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.