Retirement plan

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

Name: CROWN LABORATORIES,INC. - CROWN LABORATORIES, INC. 401(K) PROFIT SHARING PLAN (2022) 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 2022

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

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$10.8M

-1.4% from 2021

Total participants

505

+2.6% from 2021

Average account balance

$33,496

-10.6% from 2021

Annual return

-3.56%

-31.65 pp from 2021

Benchmarks

See 2,389 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,389 peers

Snapshot2022

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 2 by compensation

Provider	Service type	Compensation
QUALIFIED PLANS, LLC5 years Filed as: QUALIFIED PLAN ADMINIISTRATORS INC Service code 13 332 E SPRINGBROOK DRIVE SUITE 400 · JOHNSON CITY, TN 37601	Contract Administrator	$1,400
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$250

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$4 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,496

$72,303-53.7%

$86,698-61.4%

$64,819-48.3%

Participation rate

58.3%

80.4%-22.1pp

76.6%-18.3pp

71.5%-13.2pp

Annual return

-3.56%

392.77%-396.3pp

35.95%-39.5pp

32.84%-36.4pp

Employer contribution / active EE

$136

$2,393-94.3%

$2,837-95.2%

$2,507-94.6%

Participant deferral / active EE

$374

$4,660-92.0%

$4,656-92.0%

$4,311-91.3%

Admin fee / account holder

$174-97.2%

$7,493-99.9%

$188-97.4%

Provider

Service type

Compensation

QUALIFIED PLANS, LLC5 years

Filed as: QUALIFIED PLAN ADMINIISTRATORS INC

Service code 13

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

Contract Administrator

$1,400

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$250

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