Swarco Industries, Inc.401(k)
SWARCO 401 K PLAN · COLUMBIA, TN · plan year 2024
Swarco Industries, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,874,157 across 99 participant accounts, with employer contributions averaging $732 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 Tennessee (1,019th of 1,496), and 10,751st of 13,661 in manufacturing. In 2024, employees put in $3.41 for every $1.00 the employer contributed.
Swarco Industries, Inc.'s 2024 employer contribution ran below the $1,313 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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 330169259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.