Retirement plan

F.L. CRANE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: F.L. CRANE & SONS, INC. - F.L. CRANE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2019) Form 5500
Creator: F.L. CRANE & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, F.L. CRANE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, F.L. CRANE & SONS, INC.

F.L. CRANE & SONS, INC.EIN 64-0409707Plan #002PY 2019

P.O. BOX 428 - FULTON, MS 388430428662-862-2172

Other plans on this EIN

1 filing

#001Retirement-$11.7M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$48.4M

+0.2% from 2018

Total participants

578

-1.4% from 2018

Average account balance

$84,679

+0.9% from 2018

Annual return

-2.26%

-4.44 pp from 2018

Benchmarks

See 1,257 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,257 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$77.79M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

556

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.85M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+31.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2K2P2Q3I

Plan features

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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

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: FRANKS FRANKS WILEMON & HAGOOD P.A.
Auditor EIN: 640736635
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,679

$66,650+27.1%

$92,915-8.9%

$67,582+25.3%

Participation rate

98.0%

72.5%+25.5pp

76.0%+22.0pp

71.3%+26.7pp

Annual return

-2.26%

92.64%-94.9pp

109.45%-111.7pp

378.57%-380.8pp

Employer contribution / active EE

$9,619

$2,777+246.4%

$3,653+163.3%

$2,148+347.8%

Participant deferral / active EE

$3,160-100.0%

$4,238-100.0%

$3,539-100.0%

Admin fee / account holder

$199-100.0%

$5,796-100.0%

$142-100.0%

F.L. CRANE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

F.L. CRANE & SONS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion