Plan Ledger DOL Form 5500 · updated monthly

Swift Media Entertainment, Inc.401(k)

SWIFT MEDIA ENTERTAINMENT 401(K) PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Swift Media Entertainment, Inc. reported $8,395 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,745 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 rose from 0.52% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (8,492nd of 9,483), and 1,174th of 1,311 in arts, entertainment & recreation. In 2023, employees put in $5.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,610,112
Participants with balances85
Active participants45
Employer contributions$78,544
Employee contributions$466,290
Employer contribution per active participant$1,745
Average account balance$18,942
Benefits paid to participants$485,307
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.6M · 85 accts · $79K emplr
2022$1.3M · 164 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,920
Investment management$475
Total administrative$8,395
The Swift Media Entertainment, Inc. 401(k) match · 2023
Employer contribution per active participant$1,745
Median for plans this size$1,308

Swift Media Entertainment, Inc.'s 2023 employer contribution ran above 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
EMPOWER ADVISORY GROUP, LLC · Investment management$475

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$8,395 · 0.58%
2022$5,964 · 0.52%
Similar plansArts, Entertainment & Recreation · California
Otf Services LLC CA$1.7M · 1.60%
Waterworks Aquatics CA$1.6M · 1.10%
Riser Fitness CA$1.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823475192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.