Plan Ledger DOL Form 5500 · updated monthly

Sweep America Intermediate Holdings, LLC401(k)

SCA 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Sweep America Intermediate Holdings, LLC reported $52,119 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,138 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 0.56% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,116th of 3,295), and the 1,090th of 2,534 in administrative & support services. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,747,388
Participants with balances391
Active participants1,182
Employer contributions$1,345,615
Employee contributions$897,672
Employer contribution per active participant$1,138
Average account balance$22,372
Benefits paid to participants$2,132,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 391 accts · $1.3M emplr
2023$7.4M · 371 accts · $898K emplr
2022$5.8M · 368 accts · $189K emplr
Administrative expenses, itemized · 2024
Investment management$52,119
Total administrative$52,119
The Sweep America Intermediate Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,138
Median for plans this size$1,313
2024$1,138 per active participant
2023$753 per active participant
2022$164 per active participant

Sweep America Intermediate Holdings, LLC'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.

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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$21,867
ASCENSUS HOLDINGS INC. DBA FUTUREPL · Contract administrator$11,460
EMPOWER ADVISORY GROUP, LLC · Investment management$8,121

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$52,119 · 0.65%
2023$41,037 · 0.62%
2022$23,812 · 0.56%
Same employer
Similar plansAdministrative & Support Services · Ohio
Fairwood Brands, LLC OH$12.3M · 0.40%
Healthcomp, Inc. OH$8.8M · 0.37%
Reilly Sweeping, Inc. OH$8.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815107662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.