Plan Ledger DOL Form 5500 · updated monthly

Swd, Inc.401(k)

SWD, INC. DEFINED CONTRIBUTION PLAN · ADDISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Swd, Inc. reported $4,040 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,413 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 0.028%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,008th of 3,702), and 7,151st of 13,661 in manufacturing. In 2024, employees put in $1.09 for every $1.00 the employer contributed; active participation has grown from 169 to 192 since 2022.

Plan summary
Net assets, end of year$14,778,112
Participants with balances250
Active participants192
Employer contributions$463,319
Employee contributions$507,017
Employer contribution per active participant$2,413
Average account balance$59,112
Benefits paid to participants$1,691,582
Plan auditUnmodified (clean) audit opinion
AuditorDHJJ LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 250 accts · $463K emplr
2023$14.2M · 224 accts · $436K emplr
2022$12.4M · 211 accts · $421K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,040
Total administrative$4,040
The Swd, Inc. 401(k) match · 2024
Employer contribution per active participant$2,413
Median for plans this size$2,416
2024$2,413 per active participant
2023$2,435 per active participant
2022$2,494 per active participant

Swd, 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 · 20241
FIRST AMERICAN BANK · Recordkeeping · Custodial$4,040

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

Recordkeeper by year2
2024FIRST AMERICAN BANK
2023FIRST AMERICAN BANK

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

Administrative cost history3
2024$4,040 · 0.03%
2023$3,099 · 0.02%
2022$3,433 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Lifeway Foods, Inc. IL$15.0M · 0.41%
Forge Resources Group IL$14.9M · 0.19%
Assertio Management, LLC IL$14.8M · 0.39%
Vienna Beef LTD. IL$14.7M · 0.00%
Perfection Plating, Inc. IL$14.7M · 0.12%
Surewerx USA Inc. IL$14.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363003387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.