Crescent Electric Supply Company 401(k) Review & Grade
Crescent Electric Supply Company 401(k) Plan
East Dubuque, ILWholesale Trade1,907 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,688Employer $ per active participant
$5,420Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$172.7MNet plan assets, end of year
$69,909Average balance per account
Score breakdown
- Employer generosity23.7 / 5047th percentile for employer $ per participant
- Low cost18.5 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving9.2 / 1561th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 74th |
| Employee saving | 61th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($86,241 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $4,863 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Crescent Electric Supply put in about $1,688 per active participant, below the typical peer ($1,792). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $3,219,092 |
| Participant (employee) contributions | $10,335,541 |
| Other contributions (incl. rollovers in) | $1,720,829 |
| Administrative expenses paid from the plan | $161,546 |
| Contract administrator fees | $116,245 |
| Investment advisory & management fees | $45,301 |
| Benefits paid out | $28,445,526 |
| Net assets, start / end of year | $150.3M / $172.7M |
| Active participants, start / end of year | 1,978 / 1,836 |
| Participants with account balances | 2,471 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $132,550 reported compensation |
| Ubs Financial Services Inc | $45,461 reported compensation |
| Morningstar | $1,046 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015135836NAL0006330352001, received 2025-10-15, EIN 42-0201220, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.