Retirement plan

CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING

Name: CROWN PRODUCTS COMPANY, INC. - CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING (2024) Form 5500
Creator: CROWN PRODUCTS COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING, CROWN PRODUCTS COMPANY, INC.

CROWN PRODUCTS COMPANY, INC.EIN 59-1038302Plan #001PY 2024

6390 PHILIPS HIGHWAY - JACKSONVILLE, FL 32216904-737-7144crownproductsco.comLinkedIn51-200 employeesmachinery

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$7.1M

+11.9% from 2023

Total participants

235

+19.3% from 2023

Average account balance

$32,379

-3.0% from 2023

Annual return

12.69%

-4.23 pp from 2023

Benchmarks

See 4,102 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,102 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.06M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

218

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$409K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$46

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 99 · EIN 48-1305000	Other Fees	$12,573
ASSURANCE DIMENSIONS5 years Service code 99 · EIN 26-3429295	Other Fees	$7,580

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$10K

$58 / participant

Investment mgmt$8K75.6%
Contract admin$2K19.4%
Other / not subdivided$5005.0%

% of EOY assets

0.142%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ASSURANCE DIMENSIONS
Auditor EIN: 263429295
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,379

$79,189-59.1%

$102,457-68.4%

$74,400-56.5%

Participation rate

90.2%

74.8%+15.4pp

76.5%+13.7pp

67.2%+23.0pp

Annual return

12.69%

54.98%-42.3pp

29.41%-16.7pp

1367.51%-1354.8pp

Employer contribution / active EE

$1,037

$2,362-56.1%

$3,022-65.7%

$2,624-60.5%

Participant deferral / active EE

$1,327

$4,415-69.9%

$5,054-73.7%

$4,348-69.5%

Admin fee / account holder

$46

$2,002-97.7%

$9,451-99.5%

$1,944-97.6%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS FINANCIAL NETW

Service code 99 · EIN 48-1305000

Other Fees

$12,573

ASSURANCE DIMENSIONS5 years

Service code 99 · EIN 26-3429295

Other Fees

$7,580

CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CROWN PRODUCTS CO, INC. 401(K) PROFIT SHARING

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