Plan Snapshot
- Plan Sponsor: Croell, INC.
- Sponsor EIN: 421029170
- Sponsor Address: 2010 KENWOOD AVENUE, NEW HAMPTON, IA, 50659
- Plan Type: 401(k)
- Total Participants: 1,053
- Total Assets: $50.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,053 | $50.7M | $1.1M | $4.3M |
| 2023 | 920 | $41.8M | $966,503 | $3.8M |
| 2022 | 869 | $33.9M | $822,265 | $3.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN | NONE | $152,548 | — | $152,548 |
| L.M.KOHN & COMPANY | NONE | $58,547 | — | $58,547 |
| PARADIGM BENEFITS LLC | NONE | $27,415 | — | $27,415 |
| BERGANKDV, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN — NONE
- BERGANKDV, LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $238,510
- Estimated Expense Ratio: 0.471% 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 | $152,549 | $6,921 | $145,628 | — | — |
| 2023 | $132,055 | $5,738 | $126,317 | — | — |
| 2022 | $121,912 | $3,995 | $117,917 | — | — |