Plan Snapshot
- Plan Sponsor: Crom Corporation
- Sponsor EIN: 300825347
- Sponsor Address: 250 SW 36TH TERRACE, GAINESVILLE, FL, 32607
- Plan Type: 401(k)
- Total Participants: 449
- Total Assets: $21.2M
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 | 449 | $21.2M | $737,846 | $1.9M |
| 2023 | 428 | $17.8M | $619,020 | $1.6M |
| 2022 | 410 | $15.1M | $593,348 | $1.4M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $54,257 | — | $54,257 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $40,193 | $2,875 | $43,068 |
| COHEN & COMPANY, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,325
- Estimated Expense Ratio: 0.458% 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 | $94,451 | $40,193 | — | — | — |
| 2023 | $69,792 | $29,811 | — | — | — |
| 2022 | $84,499 | — | — | — | — |