Schwans Shared Services, LLC401(k)

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

Schwans Shared Services, LLC reported $1,085,272 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,524 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 2 years on file its reported administrative ratio fell from 0.25% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 71st-largest of 1,918 plans among Minnesota employers on file, and the 479th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 5,753 to 9,135 since 2022.