High Gear Auto Inc. dba Crown Delivery401(k)
HIGH GEAR AUTO INC 401(K) PLAN · MENDOTA HEIGHTS, MN · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
High Gear Auto Inc. dba Crown Delivery reported $2,021 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $643 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 0.19% to 0.50%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Minnesota (1,882nd of 1,918), and 2,425th of 2,677 in transportation & warehousing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.
High Gear Auto Inc. dba Crown Delivery's 2024 employer contribution ran above the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 203636955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.