Crowley Holdings Inc. 401(k) Review & Grade
Crowley Retirement Income System Plan Rsa
Jacksonville, FLTransportation & Warehousing1,692 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$6,746Employer $ per active participant
$10,866Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$410.6MNet plan assets, end of year
$183,731Average balance per account
Score breakdown
- Employer generosity48.5 / 5097th percentile for employer $ per participant
- Low cost21.3 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving14.4 / 1596th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 97th |
| Lower admin cost | 85th |
| Employee saving | 96th |
| Peers that auto-enroll | 37% |
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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 ($569,132 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Crowley Holdings put in about $6,746 per active participant, more than the typical peer ($1,070). 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.
- 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 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 | $11,417,099 |
| Participant (employee) contributions | $18,391,083 |
| Other contributions (incl. rollovers in) | $2,327,048 |
| Administrative expenses paid from the plan | $225,216 |
| Investment advisory & management fees | $212,627 |
| Other admin expenses | $98,670 |
| Benefits paid out | $61,117,063 |
| Net assets, start / end of year | $375.1M / $410.6M |
| Active participants, start / end of year | 1,837 / 1,548 |
| Participants with account balances | 2,235 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Assurance Dimensions |
Largest service providers (Schedule C)
| Capital Research & Consulting LLC | $161,767 reported compensation |
| Strategic Advisors, Inc. | $147,818 reported compensation |
| Fidelity Investments Institutional | −$86,081 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015083605NAL0004081153001, received 2025-10-15, EIN 51-0667862, plan #007, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.