Plan Ledger DOL Form 5500 · updated monthly

Schwan Cosmetics USA, Inc.401(k)

SCHWAN COSMETICS USA INC. 401(K) PROFIT SHARING PLAN · MURFREESBORO, TN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Schwan Cosmetics USA, Inc. reported $42,363 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,566 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (832nd of 1,496), and 8,769th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,008,911
Participants with balances313
Active participants255
Employer contributions$399,257
Employee contributions$810,847
Employer contribution per active participant$1,566
Average account balance$31,977
Benefits paid to participants$1,337,434
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 313 accts · $399K emplr
2023$9.0M · 300 accts · $374K emplr
2022$8.2M · 326 accts · $373K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,397
Investment management$27,966
Total administrative$42,363
The Schwan Cosmetics USA, Inc. 401(k) match · 2024
Employer contribution per active participant$1,566
Median for plans this size$1,313
2024$1,566 per active participant
2023$1,566 per active participant
2022$1,435 per active participant

Schwan Cosmetics USA, Inc.'s 2024 employer contribution ran above the $1,313 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
RAYMOND JAMES FINANCIAL SERVICE · Recordkeeping · Trustee$27,966
ADP, INC. · Loan processing · Recordkeeping$14,396
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Raymond James
2023ADP, Raymond James

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Administrative cost history3
2024$42,363 · 0.45%
2023$37,752 · 0.44%
2022$39,442 · 0.43%
Same employer
Similar plansManufacturing · Tennessee
Top Flight, Inc. TN$10.4M · 0.47%
Valley Packaging Corp. TN$10.3M · 0.05%
Tpi Corporation TN$9.9M · 0.60%
Floats and Fuel Cells TN$9.9M · 0.21%
Envision Aesc US, LLC TN$9.9M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271669957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.