Plan Snapshot
- Plan Sponsor: John Crane Caribe, Ltd
- Sponsor EIN: 660362602
- Sponsor Address: PO BOX 29779, SAN JUAN, PR, 00929
- Plan Type: 401(k)
- Total Participants: 1
- Total Assets: $391,932
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1 | $391,932 | $2,546 | $5,093 |
| 2023 | 2 | $371,342 | $4,615 | $9,232 |
| 2022 | 6 | $349,808 | $2,294 | $4,589 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $6,947 | — | $6,947 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,947
- Estimated Expense Ratio: 1.773% 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 | $6,487 | — | $6,487 | — | — |
| 2023 | $6,124 | — | $6,124 | — | — |
| 2022 | $249,783 | — | — | — | — |