Plan Ledger DOL Form 5500 · updated monthly

Bswift LLC401(k)

BSWIFT LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Bswift LLC reported $161,748 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,132 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.14% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 701st-largest of 3,702 plans among Illinois employers on file, and the 1,982nd of 11,654 in professional & technical services. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,020,227
Participants with balances984
Active participants1,170
Employer contributions$3,664,720
Employee contributions$7,079,945
Employer contribution per active participant$3,132
Average account balance$74,208
Benefits paid to participants$7,284,854
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$73.0M · 984 accts · $3.7M emplr
2023$46.0M · 821 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,154
Investment management$33,094
Audit (IQPA)$5,500
Total administrative$161,748
The Bswift LLC 401(k) match · 2024
Employer contribution per active participant$3,132
Median for plans this size$3,635
2024$3,132 per active participant
2023$2,622 per active participant

Bswift LLC's 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$33,094
GRANT THORNTON LLP · Accounting / audit$5,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$161,748 · 0.27%
2023$63,511 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Illinois
Kerber, Eck & Braeckel LLP IL$74.5M · 0.08%
Ricondo & Associates, Inc. IL$74.1M · 0.17%
Abelson-Taylor, Inc. IL$73.8M · 0.17%
Heplerbroom, LLC IL$73.7M · 0.06%
Warady & Davis, LLP IL$73.0M · 0.10%
Baxter Healthcare S.A. IL$70.3M · 0.82%
Softchoice Corporation IL$68.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364391310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.