Plan Snapshot
- Plan Sponsor: Crounse Corporation
- Sponsor EIN: 610426923
- Sponsor Address: P.O. BOX 360, PADUCAH, KY, 420020360
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $48.3M
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 | 382 | $48.3M | $1.5M | $2.3M |
| 2023 | 307 | $41.9M | $1.3M | $2.1M |
| 2022 | 285 | $36.3M | $1.3M | $2.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $41,630 | — | $41,630 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $36,698 | — | $36,698 |
| PROCOURSE FIDUCIARY ADVISORS LLC | ADVISOR | $22,498 | — | $22,498 |
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- FORVIS MAZARS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,826
- Estimated Expense Ratio: 0.209% 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 | $100,825 | $59,195 | — | — | — |
| 2023 | $90,609 | $55,168 | — | — | — |
| 2022 | $100,071 | $32,422 | — | — | — |