Retirement plan

CROWN EQUIPMENT CORPORATION 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Name: CROWN EQUIPMENT CORPORATION - CROWN EQUIPMENT CORPORATION 401(K) RETIREMENT SAVINGS PLAN AND TRUST (2019) Form 5500
Creator: CROWN EQUIPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CROWN EQUIPMENT CORPORATION 401(K) RETIREMENT SAVINGS PLAN AND TRUST, CROWN EQUIPMENT CORPORATION

CROWN EQUIPMENT CORPORATIONEIN 34-4412691Plan #004PY 2019

44 S WASHINGTON STREET - NEW BREMEN, OH 45869419-629-2311crown.comLinkedIn10001+ employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$371.4M assets

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$811.8M

-12.4% from 2016

Total participants

12,069

-7.2% from 2016

Average account balance

$68,418

-5.6% from 2016

Annual return

23.04%

-9.25 pp from 2016

Benchmarks

See 89 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort89 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$82K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

15,424

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.93%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$70

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH4 years Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 15 · EIN 13-5674085	Recordkeeping	$195,158
CLEARSTEAD ADVISORS, LLC1 year Service code 70 · EIN 34-1597728	Consulting Fees	$73,880
HARTLAND & CO3 years Filed as: HARTLAND AND CO. Service code 70 · EIN 34-1597728	Consulting Fees	$25,205

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$539K

$50 / participant

Other / not subdivided$539K100.0%

% of EOY assets

0.066%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BRADY WARE AND SCHOENFELD, INC.
Auditor EIN: 351476702
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,418

$143,368-52.3%

$87,102-21.5%

$89,609-23.6%

Participation rate

98.1%

88.2%+9.9pp

76.9%+21.2pp

69.6%+28.5pp

Annual return

23.04%

28.55%-5.5pp

28.19%-5.2pp

33.65%-10.6pp

Employer contribution / active EE

$2,313

$4,012-42.3%

$2,521-8.3%

$2,584-10.5%

Participant deferral / active EE

$4,389

$7,129-38.4%

$4,048+8.4%

$4,222+4.0%

Admin fee / account holder

$45

$61-25.3%

$7,493-99.4%

$72-36.6%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH4 years

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 15 · EIN 13-5674085

Recordkeeping

$195,158

CLEARSTEAD ADVISORS, LLC1 year

Service code 70 · EIN 34-1597728

Consulting Fees

$73,880

HARTLAND & CO3 years

Filed as: HARTLAND AND CO.

Service code 70 · EIN 34-1597728

Consulting Fees

$25,205

CROWN EQUIPMENT CORPORATION 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CROWN EQUIPMENT CORPORATION 401(K) RETIREMENT SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion