Plan Ledger DOL Form 5500 · updated monthly

Swartley Bros. Engineers, Inc.401(k)

SWARTLEY BROS. ENGINEERS, INC. EMPLOYEE PROFIT SHARING PLAN · SOUDERTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Swartley Bros. Engineers, Inc. reported $51,389 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,882 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 0.16% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,582nd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,080th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 451 to 245 since 2022.

Plan summary
Net assets, end of year$19,206,506
Participants with balances276
Active participants245
Employer contributions$461,000
Employee contributions$965,376
Employer contribution per active participant$1,882
Average account balance$69,589
Benefits paid to participants$847,988
Plan auditUnmodified (clean) audit opinion
AuditorDUNLAPSLK, PC
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 276 accts · $461K emplr
2023$16.5M · 257 accts
2022$14.7M · 223 accts · $610K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,389
Total administrative$51,389
The Swartley Bros. Engineers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,882
Median for plans this size$2,416
2024$1,882 per active participant
2022$1,353 per active participant

Swartley Bros. Engineers, Inc.'s 2024 employer contribution ran below 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$51,388
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)indirect comp
BERNARDO WEALTH PLANNING · Investment advisory (plan)indirect comp

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$51,389 · 0.29%
2023$48,056 · 0.31%
2022$25,545 · 0.16%
Same employer
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The Norwood Company PA$19.7M · 0.51%
J.M. Oliver, Inc. PA$19.5M · 0.40%
R.G. Johnson Company, Inc. PA$19.5M · 0.17%
Liberty Excavators, Inc. PA$18.9M · 0.57%
W.G. Tomko, Incorporated PA$18.8M · 0.33%
Rycon Holdings, Inc. PA$18.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231296376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.