Swi Industrial Solutions dba Springfield Workshop, Inc401(k)
SPRINGFIELD WORKSHOP, INC. 401(K) PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Swi Industrial Solutions dba Springfield Workshop, Inc reported $6,815 in plan administrative expenses for 2024: 0.82% of average plan assets, below the peer median. Employer contributions averaged $794 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.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Missouri (1,335th of 1,393), and 11,276th of 11,654 in professional & technical services. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves.
Swi Industrial Solutions dba Springfield Workshop, Inc's 2024 employer contribution ran above the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 430861414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.