Plan Ledger DOL Form 5500 · updated monthly

Swan Products LLC401(k)

SWAN PRODUCTS, LLC 401(K) PLAN · SANDY SPRINGS, GA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Swan Products LLC reported $56,896 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $611 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 0.96%. 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 Georgia (1,501st of 2,160), and 10,427th of 13,661 in manufacturing. In 2024, employees put in $3.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,490,821
Participants with balances352
Active participants324
Employer contributions$198,024
Employee contributions$636,691
Employer contribution per active participant$611
Average account balance$18,440
Benefits paid to participants$633,212
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 352 accts · $198K emplr
2023$5.4M · 352 accts · $194K emplr
2022$4.6M · 327 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,532
Investment management$14,364
Total administrative$56,896
The Swan Products LLC 401(k) match · 2024
Employer contribution per active participant$611
Median for plans this size$1,313
2024$611 per active participant
2023$622 per active participant
2022$594 per active participant

Swan Products LLC's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,857
WELLS FARGO ADVISORS FIN NETWORK · Investment advisory (plan)$14,357

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

Administrative cost history3
2024$56,896 · 0.96%
2023$51,589 · 1.04%
2022$46,242 · 0.95%
Same employer
Similar plansManufacturing · Georgia
Die-Tech Industries, Inc. GA$6.5M · 0.13%
Sargent & Greenleaf, Inc. GA$6.2M · 0.44%
Ole Mexican Foods, Inc. GA$6.2M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300762206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.