Plan Ledger DOL Form 5500 · updated monthly

Swift, Currie, McGhee & Hiers401(k)

SWIFT, CURRIE, MCGHEE & HIERS 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Swift, Currie, McGhee & Hiers reported $253,757 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,735 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 0.24% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 285th-largest of 2,160 plans among Georgia employers on file, and the 1,573rd of 11,654 in professional & technical services. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$96,086,584
Participants with balances452
Active participants347
Employer contributions$3,031,039
Employee contributions$2,252,844
Employer contribution per active participant$8,735
Average account balance$212,581
Benefits paid to participants$6,356,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.1M · 452 accts · $3.0M emplr
2023$84.8M · 454 accts · $3.1M emplr
2022$74.0M · 447 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,651
Audit (IQPA)$26,125
Total administrative$253,757
The Swift, Currie, McGhee & Hiers 401(k) match · 2024
Employer contribution per active participant$8,735
Median for plans this size$3,635
2024$8,735 per active participant
2023$9,316 per active participant
2022$8,953 per active participant

Swift, Currie, McGhee & Hiers'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 · 20247
T ROWE PRICE RPS INC · Recordkeeping · Trustee$42,651
CAPFINANCIAL PARTNERS LLC · Consulting$74,284
DISCIPLINED EQUITY · Investment advisory (participants)$31,343
SMITH AND HOWARD PC · Accounting / audit$19,000
HB WEALTH MANAGEMENT LLC · Investment advisory (participants)$16,152
THE HILB GROUP OF NE, LLC · Accounting / audit$7,125
CHARLES SCHWAB & CO., INC. · Securities brokerage$125

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$253,757 · 0.28%
2023$210,132 · 0.26%
2022$198,205 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Georgia
Meridian Cooperative, Inc. GA$109.3M · 0.26%
Artivion, Inc. GA$101.7M · 0.17%
Prgx USA, Inc. GA$96.4M · 0.17%
Frazier & Deeter, LLC GA$95.4M · 0.01%
Hall Booth Smith PC GA$93.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580955936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.