Plan Ledger DOL Form 5500 · updated monthly

Sweetwater Brewing Company, Inc.401(k)

SWEETWATER BREWING COMPANY, INC. 401(K) · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Sweetwater Brewing Company, Inc. reported $2,823 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $762 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 1 year on file its reported administrative ratio fell from 0.14% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,753rd of 2,160), and 11,909th of 13,661 in manufacturing. In 2023, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 183 to 304 since 2022.

Plan summary
Net assets, end of year$3,707,724
Participants with balances125
Active participants304
Employer contributions$231,733
Employee contributions$514,723
Employer contribution per active participant$762
Average account balance$29,662
Benefits paid to participants$571,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.7M · 125 accts · $232K emplr
2022$2.1M · 101 accts · $63K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$950
Investment management$1,723
Total administrative$2,823
The Sweetwater Brewing Company, Inc. 401(k) match · 2023
Employer contribution per active participant$762
Median for plans this size$1,308
2023$762 per active participant
2022$347 per active participant

Sweetwater Brewing Company, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$1,961
MORGAN STANLEY SMITH BARNEY LLCindirect 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
2024Not separately reported
2023$2,823 · 0.10%
2022$3,257 · 0.14%
Similar plansManufacturing · Georgia
Hermeus Corporation GA$4.2M · 0.91%
M.A. Industries, Inc. GA$4.2M · 0.30%
Frey-Moss Structures Inc. GA$4.1M · 0.55%
Thrush Aircraft, LLC GA$3.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582245978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.