Plan Snapshot
- Plan Sponsor: Crown Motors Ltd.
- Sponsor EIN: 381588299
- Sponsor Address: 196 REGENT BLVD., HOLLAND, MI, 494239368
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $18.8M
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 | 202 | $18.8M | $248,674 | $1.3M |
| 2023 | 195 | $15.8M | $253,900 | $1.3M |
| 2022 | 194 | $13.3M | $246,932 | $1.2M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $75,153 | $59,008 | — | — | — |
| 2023 | $68,627 | $52,314 | — | — | — |
| 2022 | $66,375 | — | — | — | $66,375 |