Plan Ledger DOL Form 5500 · updated monthly

Schwing Bioset, Inc.401(k)

SCHWING BIOSET, INC 401(K) SALARY SAVINGS PLAN · SOMERSET, WI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Schwing Bioset, Inc. reported $68,815 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,647 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 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Wisconsin (975th of 1,936), and the 6,612th of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has shrunk from 155 to 123 since 2022.

Plan summary
Net assets, end of year$16,812,607
Participants with balances151
Active participants123
Employer contributions$448,588
Employee contributions$977,870
Employer contribution per active participant$3,647
Average account balance$111,342
Benefits paid to participants$1,739,194
Plan auditUnmodified (clean) audit opinion
AuditorFROEHLING ANDERSON, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 151 accts · $449K emplr
2023$15.1M · 165 accts · $1.0M emplr
2022$12.2M · 160 accts · $514K emplr
Administrative expenses, itemized · 2024
Investment management$68,815
Total administrative$68,815
The Schwing Bioset, Inc. 401(k) match · 2024
Employer contribution per active participant$3,647
Median for plans this size$2,416
2024$3,647 per active participant
2023$6,516 per active participant
2022$3,316 per active participant

Schwing Bioset, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
TRUST POINT INC · Loan processing · Participant communication$68,815

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

Recordkeeper by year2
2024TRUST POINT INC
2023TRUST POINT INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,815 · 0.43%
2023$61,053 · 0.45%
2022$56,697 · 0.45%
Similar plansManufacturing · Wisconsin
Kaysun Corporation WI$17.0M · 0.43%
Schumann Printers, Inc. WI$16.9M · 0.32%
Walzcraft Industries, Inc WI$16.7M · 0.50%
E.K. Machine Company, Inc. WI$16.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204562151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.