Plan Ledger DOL Form 5500 · updated monthly

Swbg, LLC401(k)

SWBG, LLC 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Swbg, LLC reported $476,166 in plan administrative expenses for 2024: 0.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $103 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 fell from 0.25% to 0.18%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 138th-largest of 3,644 plans among Florida employers on file, and the 938th of 13,661 in manufacturing. In 2024, employees put in $4.28 for every $1.00 the employer contributed; active participation has grown from 13,633 to 21,573 since 2022.

Plan summary
Net assets, end of year$269,382,450
Participants with balances8,003
Active participants21,573
Employer contributions$2,225,965
Employee contributions$9,537,586
Employer contribution per active participant$103
Average account balance$33,660
Benefits paid to participants$35,865,164
Plan auditUnmodified (clean) audit opinion
AuditorWARREN AVERETT,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$269.4M · 8,003 accts · $2.2M emplr
2023$262.5M · 7,371 accts · $2.7M emplr
2022$237.2M · 7,398 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$379,777
Investment management$83,750
Total administrative$476,166
The Swbg, LLC 401(k) match · 2024
Employer contribution per active participant$103
Median for plans this size$4,294
2024$103 per active participant
2023$193 per active participant
2022$37 per active participant

Swbg, LLC's 2024 employer contribution ran below the $4,294 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
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$379,777
ALLIANT INSURANCE SERVICES INC · Investment advisory (plan)$80,000
ADVISED ASSETS GROUP, LLC · Investment management$3,750

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

Recordkeeper by year2
2024Empower
2023Empower

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Administrative cost history3
2024$476,166 · 0.18%
2023$472,210 · 0.19%
2022$663,403 · 0.25%
Same employer
Similar plansManufacturing · Florida
Masonite Corporation FL$324.4M · 0.13%
Chromalloy Corporation FL$324.4M · 0.17%
Bacardi U.S.A., Inc. FL$290.0M · 0.34%
Signode Industrial Group LLC FL$263.1M · 0.10%
Refresco Beverages US Inc. FL$216.8M · 0.26%
Welbilt, Inc. FL$213.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383958040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.