Crescent Plastics, Inc. 401(k) Review & Grade
Employees Incentive Savings Plan
Evansville, INManufacturing530 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,359Employer $ per active participant
$4,187Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$71.9MNet plan assets, end of year
$119,396Average balance per account
Score breakdown
- Employer generosity13.4 / 5027th percentile for employer $ per participant
- Low cost23.4 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score46 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 94th |
| Employee saving | 39th |
| Peers that auto-enroll | 59% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Crescent Plastics put in about $1,359 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $720,973 |
| Participant (employee) contributions | $2,221,191 |
| Other contributions (incl. rollovers in) | $132,150 |
| Administrative expenses paid from the plan | $18,365 |
| Other admin expenses | $6,979 |
| Benefits paid out | $5,103,881 |
| Net assets, start / end of year | $64.0M / $71.9M |
| Active participants, start / end of year | 509 / 552 |
| Participants with account balances | 602 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Forvis LLP | $13,600 reported compensation |
| United of Omaha Life Insurance Com | $6,979 reported compensation |
| Fidelity Investments Institutional | −$2,214 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250731105112NAL0010317874001, received 2025-07-31, EIN 35-0851142, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.