Crown Energy Services, Inc. Dba Able Engineering Services 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $87.8 million was transferred out of the plan. Assets moved to the ABM 401(K) EMPLOYEE SAVINGS PLAN (sponsored by ABM INDUSTRIES INCORPORATED). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ABM 401(K) EMPLOYEE SAVINGS PLAN →

Crown Energy Services, Inc. Dba Able Engineering Services 401(k) Plan Facts (plan year 2022)

Plan name
ABLE SERVICES 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ABLE ENGINEERING SERVICES
Participants
6,842
Former employees with a balance
0
Employer contributions
$2,126,945 in plan year 2022 (14% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 30, 2022
Plan established
Jan 1, 2007
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 30, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $14.9 million went into the plan in contributions, $2.13 million of it from the employer (14%).
  • $20.5 million was paid out to participants.

How the Crown Energy Services, Inc. Dba Able Engineering Services 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20173,225$26.3 million$1.75 million$1.91 million
20187,395$53.6 million$1.88 million$4.02 million
20196,593$72.9 million$1.97 million$5.80 million
20206,843$90.2 million$2.08 million$8.56 million
20216,791$112.7 million$2.49 million$7.25 million
2022 (final)6,842$0$2.13 million$20.5 million

Crown Energy Services, Inc. Dba Able Engineering Services 401(k) Contact Information

Phone
415-546-6534
Mailing address
600 HARRISON STREET SUITE 600, SAN FRANCISCO CA 94107
Plan sponsor
ABLE ENGINEERING SERVICES
Plan administrator
ADMINISTRATIVE COMMITTEE
Employer identification number (EIN)
94-3226677
Plan number
002

Questions about the Crown Energy Services, Inc. Dba Able Engineering Services 401(k)

Is the Crown Energy Services, Inc. Dba Able Engineering Services 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the ABM 401(K) EMPLOYEE SAVINGS PLAN.

Does Crown Energy Services, Inc. Dba Able Engineering Services contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $2.13 million, 14% of all contributions.

Does the Crown Energy Services, Inc. Dba Able Engineering Services 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Crown Energy Services, Inc. Dba Able Engineering Services 401(k) plan?

6,842 participants at the start of plan year 2022.

Who manages the Crown Energy Services, Inc. Dba Able Engineering Services 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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