Plan Snapshot
- Plan Sponsor: Crestron Electronics, INC
- Sponsor EIN: 222077521
- Sponsor Address: 15 VOLVO DRIVE, ROCKLEIGH, NJ, 07647
- Plan Type: 401(k)
- Total Participants: 1,465
- Total Assets: $274.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 1,465 | $274.6M | $6.4M | $16.7M |
| 2023 | 1,713 | $243.7M | $7.7M | $18.1M |
| 2022 | 1,737 | $191.7M | $3.7M | $16.4M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | INVESTMENT ADVISOR | $587,045 | — | $587,045 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $123,888 | — | $123,888 |
| SAX LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAX LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $710,933
- Estimated Expense Ratio: 0.259% 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 | $710,936 | $587,048 | $300 | — | — |
| 2023 | $419,733 | $296,926 | $900 | — | — |
| 2022 | $504,170 | — | — | — | — |