Plan Ledger DOL Form 5500 · updated monthly

Swedish Match North America LLC401(k)

SWEDISH MATCH NORTH AMERICA SALARIED PROFIT SHARING PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Swedish Match North America LLC reported $18,341 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,018 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 0.03% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 225th-largest of 2,266 plans among Virginia employers on file, and the 1,565th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has shrunk from 212 to 168 since 2022.

Plan summary
Net assets, end of year$129,871,667
Participants with balances245
Active participants168
Employer contributions$1,514,946
Employee contributions$1,958,221
Employer contribution per active participant$9,018
Average account balance$530,088
Benefits paid to participants$12,299,136
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.9M · 245 accts · $1.5M emplr
2023$122.9M · 274 accts · $1.6M emplr
2022$114.0M · 301 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,148
Total administrative$18,341
The Swedish Match North America LLC 401(k) match · 2024
Employer contribution per active participant$9,018
Median for plans this size$3,635
2024$9,018 per active participant
2023$8,131 per active participant
2022$7,904 per active participant

Swedish Match North America LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
T ROWE PRICE RPS INC · Recordkeeping · Trustee$18,148

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$18,341 · 0.01%
2023$24,881 · 0.02%
2022$34,556 · 0.03%
All plans at this employer3
SWEDISH MATCH NORTH AMERICA SALARIED PROFIT SHARING PLAN401(k)
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EMPLOYEE RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Virginia
Trex Company, Inc. VA$184.1M · 0.10%
Airbus Helicopters, Inc. VA$168.8M · 0.07%
Yokohama Tire Corporation VA$157.2M · 0.13%
Tredegar Corporation VA$137.3M · 0.18%
Venture Global Lng, Inc VA$109.7M · 0.03%
Vsc Fire & Security, Inc. VA$107.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621257378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.