Plan Ledger DOL Form 5500 · updated monthly

Ssw Advanced Technologies, LLC401(k)

SSW RETIREMENT SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Ssw Advanced Technologies, LLC reported $91,983 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,807 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 rose from 0.13% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 122nd-largest of 871 plans among Kentucky employers on file, and the 2,680th of 13,661 in manufacturing. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,965,508
Participants with balances510
Active participants613
Employer contributions$1,107,481
Employee contributions$1,844,992
Employer contribution per active participant$1,807
Average account balance$123,462
Benefits paid to participants$6,273,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.0M · 510 accts · $1.1M emplr
2023$58.8M · 95 accts · $1.2M emplr
2022$61.2M · 252 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,646
Total administrative$91,983
The Ssw Advanced Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$3,635
2024$1,807 per active participant
2023$1,683 per active participant
2022$1,089 per active participant

Ssw Advanced Technologies, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
JP MORGAN · Recordkeeping · Loan processing$88,646

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

Recordkeeper by year2
2024JP MORGAN
2023JP MORGAN

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

Administrative cost history3
2024$91,983 · 0.15%
2023$124,313 · 0.21%
2022$55,923 · 0.13%
Same employer
Similar plansManufacturing · Kentucky
Sypris Solutions, Inc. KY$70.5M · 0.17%
Carl Zeiss Vision Inc. KY$70.0M · 0.17%
Lantech.com, LLC KY$62.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824873870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.