Crystal Springs Services, Inc. 401(k) Review & Grade
Crystal Springs Services, Inc. 401k Plan
Hamburg, NJAccommodation & Food Services720 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$605Employer $ per active participant
$1,272Employee $ saved per active participant
0.56%Direct admin cost, % of plan assets
$6.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity38.6 / 5077th percentile for employer $ per participant
- Low cost4.9 / 2520th percentile for low admin cost vs. same-size plans
- Employee saving10.6 / 1571th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Accommodation & Food Services plans with 500–2,499 active participants (458 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 77th |
| Lower admin cost | 20th |
| Employee saving | 71th |
| Peers that auto-enroll | 17% |
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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
- Crystal Springs Services put in about $605 per active participant, more than the typical peer ($266). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.56% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $435,809 |
| Participant (employee) contributions | $915,942 |
| Other contributions (incl. rollovers in) | $4,404 |
| Administrative expenses paid from the plan | $29,760 |
| Investment advisory & management fees | $24,089 |
| Benefits paid out | $310,634 |
| Net assets, start / end of year | $4.6M / $6.1M |
| Active participants, start / end of year | 807 / 633 |
| Participants with account balances | 269 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Liebman Goldberg & Hymowitz LLP |
Largest service providers (Schedule C)
| Snowden Capital Advisors | $24,089 reported compensation |
| Adp, Inc. | $5,671 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015062640NAL0003909889001, received 2025-10-15, EIN 47-2233413, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.