Plan Ledger DOL Form 5500 · updated monthly

Swift & Staley Inc.401(k)

SWIFT & STALEY GOVERNMENTAL SERVICES 401(K) PLAN · PADUCAH, KY · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Swift & Staley Inc. reported $53,843 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,946 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 0.32% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 377th-largest of 871 plans among Kentucky employers on file, and the 790th of 2,534 in administrative & support services. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 140 to 161 since 2022.

Plan summary
Net assets, end of year$14,414,819
Participants with balances171
Active participants161
Employer contributions$635,337
Employee contributions$974,617
Employer contribution per active participant$3,946
Average account balance$84,297
Benefits paid to participants$1,419,029
Plan auditUnmodified (clean) audit opinion
AuditorCDH CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 171 accts · $635K emplr
2023$12.5M · 170 accts · $635K emplr
2022$10.8M · 168 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,098
Total administrative$53,843
The Swift & Staley Inc. 401(k) match · 2024
Employer contribution per active participant$3,946
Median for plans this size$2,416
2024$3,946 per active participant
2023$4,022 per active participant
2022$4,579 per active participant

Swift & Staley Inc.'s 2024 employer contribution ran above 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 · 20243
MORGAN STANLEY · Investment advisory (plan)$23,279
CAPITAL GROUP RETIREMENT PLAN SVCS$19,869
RETIREMENT MANAGEMENT SERVICES, LLC · Contract administrator$7,975

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$53,843 · 0.40%
2023$45,894 · 0.39%
2022$38,743 · 0.32%
Same employer
Similar plansAdministrative & Support Services · Kentucky
Orr Corporation KY$60.2M · 0.03%
United Communications, Inc. KY$10.5M · 0.62%
Eml, LLC KY$9.2M · 0.99%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610953661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.