Plan Ledger DOL Form 5500 · updated monthly

Swift Roofing of E-Town, Inc.401(k)

SWIFT ROOFING OF E-TOWN, INC. RETIREMENT SAVINGS PLAN · ELIZABETHTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.93%

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

Swift Roofing of E-Town, Inc. reported $45,200 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,494 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 0.75% to 0.93%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (637th of 871), and 3,953rd of 5,337 in construction. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,165,561
Participants with balances211
Active participants109
Employer contributions$162,845
Employee contributions$170,915
Employer contribution per active participant$1,494
Average account balance$24,481
Benefits paid to participants$254,780
Plan auditUnmodified (clean) audit opinion
AuditorATA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 211 accts · $163K emplr
2023$4.6M · 209 accts · $250K emplr
2022$3.7M · 180 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,754
Investment management$24,446
Total administrative$45,200
The Swift Roofing of E-Town, Inc. 401(k) match · 2024
Employer contribution per active participant$1,494
Median for plans this size$1,313
2024$1,494 per active participant
2023$2,033 per active participant
2022$1,456 per active participant

Swift Roofing of E-Town, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
BENECO SYSTEMS, LLC · Participant communication · Recordkeeping$45,200

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

Recordkeeper by year2
2024BENECO SYSTEMS, LLC
2023BENECO SYSTEMS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,200 · 0.93%
2023$39,198 · 0.95%
2022$32,114 · 0.75%
Similar plansConstruction · Kentucky
Jagoe Homes, Inc. KY$6.4M · 0.09%
Bme Services, LLC KY$6.0M · 1.05%
Riegler Blacktop KY$5.5M · 0.61%
Gaddie Shamrock, LLC KY$5.2M · 0.03%
Excel Services, Inc. KY$5.1M · 0.84%
Specialty Interiors, Inc. KY$4.2M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611070245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.