Plan Snapshot
- Plan Sponsor: Crown Health Care Laundry Servic
- Sponsor EIN: 593056648
- Sponsor Address: 25 WEST CEDAR STREET SUITE 405, PENSACOLA, FL, 32502
- Plan Type: 401(k)
- Total Participants: 843
- Total Assets: $11.0M
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 | 843 | $11.0M | $680,135 | $1.2M |
| 2023 | 854 | $8.8M | $575,051 | $980,951 |
| 2022 | 750 | $6.8M | $542,303 | $926,814 |
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 | $46,246 | — | $46,246 |
| ADP, INC. | Recordkeeper | $7,515 | — | $7,515 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Investment Advisor | $7,273 | — | $7,273 |
| SKIBBIE CPA INC | Auditor | $7,000 | — | $7,000 |
| STRATEGIC ADVISORS, INC | Investment Advisor | $5,170 | — | $5,170 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- STRATEGIC ADVISORS, INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,204
- Estimated Expense Ratio: 0.669% 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 | $73,205 | — | — | — | — |
| 2023 | $58,999 | $17,360 | — | $5,301 | — |
| 2022 | $56,590 | $1,008 | — | — | — |