Plan Snapshot
- Plan Sponsor: Crews Bank & Trust
- Sponsor EIN: 590500870
- Sponsor Address: 106 EAST MAIN STREET P.O. BOX 248, WAUCHULA, FL, 33873
- Plan Type: 401(k)
- Total Participants: 371
- Total Assets: $41.9M
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 | 371 | $41.9M | $743,750 | $2.1M |
| 2023 | 376 | $36.6M | $663,011 | $1.9M |
| 2022 | 367 | $31.3M | $508,073 | $1.8M |
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 | $55,308 | — | $55,308 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $34,554 | — | $34,554 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $11,815 | — | $11,815 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,677
- Estimated Expense Ratio: 0.243% 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 | $101,677 | $46,369 | — | — | — |
| 2023 | $100,815 | $39,303 | — | $12,500 | — |
| 2022 | $101,346 | — | $101,346 | — | — |