Retirement plan

CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

Name: CROWN LABORATORIES,INC. - CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: CROWN LABORATORIES,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN, CROWN LABORATORIES,INC.

CROWN LABORATORIES,INC.EIN 62-1840490Plan #001PY 2019

P. O. BOX 1425 - JOHNSON CITY, TN 37605800-877-8869crownlaboratories.comLinkedIn501-1000 employeescosmetics

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$5.3M

+56.7% from 2018

Total participants

376

+56.7% from 2018

Average account balance

$25,034

+8.7% from 2018

Annual return

25.41%

+13.72 pp from 2018

Benchmarks

See 2,415 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,415 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.10M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

624

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.

65.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.95M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+76.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 1295 STATE STREET · SPRINGFIELD, MA 011110001	Recordkeeping	$12,657
MESIROW FINANCIAL INVESTMENT MANAGE1 year Service code 49 · EIN 36-3429599	Other Services	$0
QUALIFIED PLANS, LLC2 years Filed as: QUALIFIED PLAN ADMINIISTRATORS INC Service code 10 332 E SPRINGBROOK DRIVE SUITE 400 · JOHNSON CITY, TN 37601	Accounting	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$13K

$37 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.238%

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: BLACKBURN, CHILDERS & STEAGALL, PLC
Auditor EIN: 620647474
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,034

$73,404-65.9%

$87,104-71.3%

$67,579-63.0%

Participation rate

51.8%

80.9%-29.1pp

76.9%-25.1pp

71.3%-19.5pp

Annual return

25.41%

48.29%-22.9pp

28.19%-2.8pp

378.56%-353.2pp

Employer contribution / active EE

$1,064

$2,014-47.2%

$2,521-57.8%

$2,148-50.4%

Participant deferral / active EE

$3,081

$3,913-21.3%

$4,048-23.9%

$3,539-13.0%

Admin fee / account holder

$60

$142-57.8%

$7,491-99.2%

$142-58.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASSMUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

1295 STATE STREET · SPRINGFIELD, MA 011110001

Recordkeeping

$12,657

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Service code 49 · EIN 36-3429599

Other Services

QUALIFIED PLANS, LLC2 years

Filed as: QUALIFIED PLAN ADMINIISTRATORS INC

Service code 10

332 E SPRINGBROOK DRIVE SUITE 400 · JOHNSON CITY, TN 37601

Accounting

CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN

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