Plan Snapshot
- Plan Sponsor: Crown Cork & Seal Company, INC.
- Sponsor EIN: 231526444
- Sponsor Address: 770 TOWNSHIP LINE ROAD, YARDLEY, PA, 19067
- Plan Type: DB
- Total Participants: 2,279
- Total Assets: $192.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,279 | $192.4M | $118.8M | $0 |
| 2023 | 2,428 | $870.2M | $0 | $0 |
| 2022 | 2,278 | $876.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| AON CONSULTING | NONE | $2,746,175 | — | $2,746,175 |
| DECHERT | NONE | $388,459 | — | $388,459 |
| DEGANN CONSULTING | NONE | $341,142 | — | $341,142 |
| BROWN AND BROWN OF PA, LP | NONE | $20,125 | — | $20,125 |
| WITHUMSMITH+BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DECHERT — NONE
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,495,901
- Estimated Expense Ratio: 1.817% 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 | $9,364,388 | $2,065,716 | — | — | — |
| 2023 | $15,836,769 | $2,446,928 | — | — | — |
| 2022 | $8,703,476 | $2,374,347 | — | — | $1,290,412 |