Plan Snapshot
- Plan Sponsor: Crown Laboratories,INC.
- Sponsor EIN: 621840490
- Sponsor Address: P. O. BOX 1425, JOHNSON CITY, TN, 37605
- Plan Type: 401(k)
- Total Participants: 718
- Total Assets: $27.1M
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 | 718 | $27.1M | $1.6M | $3.3M |
| 2023 | 540 | $14.5M | $919,025 | $2.3M |
| 2022 | 441 | $10.8M | $59,974 | $164,912 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | INVESTMENT ADVISORY | $56,267 | — | $56,267 |
| QUALIFIED PLAN ADMINIISTRATORS INC | CONTRACT ADMIN | $18,092 | $8,002 | $26,094 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $5,994 | — | $5,994 |
| BLACKBURN, CHILDERS & STEAGALL, PLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,355
- Estimated Expense Ratio: 0.326% 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 | $24,736 | — | — | — | — |
| 2023 | $21,450 | — | — | — | — |
| 2022 | $1,550 | — | — | — | $1,550 |