Plan Ledger DOL Form 5500 · updated monthly

Swaner Hardwood Co., Inc.401(k)

SWANER HARDWOOD CO., INC. PROFIT SHARING PLAN · BURBANK, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Swaner Hardwood Co., Inc. reported $3,375 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $542 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 0.027% to 0.028%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (4,859th of 9,483), and 2,610th of 4,246 in wholesale trade. In 2024, employees put in $6.92 for every $1.00 the employer contributed; active participation has shrunk from 142 to 126 since 2022.

Plan summary
Net assets, end of year$12,562,350
Participants with balances138
Active participants126
Employer contributions$68,229
Employee contributions$472,431
Employer contribution per active participant$542
Average account balance$91,032
Benefits paid to participants$830,107
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 138 accts · $68K emplr
2023$11.2M · 134 accts · $67K emplr
2022$9.9M · 153 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,375
Total administrative$3,375
The Swaner Hardwood Co., Inc. 401(k) match · 2024
Employer contribution per active participant$542
Median for plans this size$2,416
2024$542 per active participant
2023$494 per active participant
2022$458 per active participant

Swaner Hardwood Co., Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$3,375
ADP BROKER-DEALER · Other servicesindirect comp
STIFEL NICOLAUS AND COMPANY, INC · 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
2023ADP

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

Administrative cost history3
2024$3,375 · 0.03%
2023$3,335 · 0.03%
2022$2,865 · 0.03%
Similar plansWholesale Trade · California
Ocusun, LLC CA$12.9M · 0.81%
Southwest Traders, Inc CA$12.8M · 1.09%
Pjs Lumber, Inc. CA$12.8M · 0.03%
Align Aerospace LLC CA$12.7M · 0.06%
America Chung Nam, LLC. CA$12.5M · 0.34%
Moc Products Company, Inc. CA$12.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952562601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.