Plan Snapshot
- Plan Sponsor: Crescent Industries, INC.
- Sponsor EIN: 231497579
- Sponsor Address: 70 E HIGH STREET, NEW FREEDOM, PA, 173499664
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 155 | $10.5M | $0 | $560,620 |
| 2023 | 155 | $10.0M | $0 | $561,662 |
| 2022 | 157 | $8.4M | $0 | $608,791 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RAYMOND JAMES FIN SVCS ADVISORS | INVESTMENT ADVISORY | $34,462 | — | $34,462 |
| EMPOWER ANNUITY INSURANCE CO. OF AM | RECORDKEEPER | $29,959 | — | $29,959 |
| BLUE RIDGE ESOP ASSOCIATES | CONTRACT ADMIN | $3,570 | $9,846 | $13,416 |
| EMC CPAS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FIN SVCS ADVISORS — INVESTMENT ADVISORY
- EMC CPAS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,837
- Estimated Expense Ratio: 0.744% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $67,291 | $34,462 | $3,570 | — | — |
| 2023 | $57,085 | $31,118 | $1,768 | — | — |
| 2022 | $61,247 | — | $61,247 | — | — |