Plan Ledger DOL Form 5500 · updated monthly

Swift Technical Services, LLC401(k)

AIRSWIFT OIL AND GAS 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Swift Technical Services, LLC reported $92,145 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,661 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 0.05% to 0.13%. 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 823rd-largest of 5,688 plans among Texas employers on file, and the 2,020th of 11,654 in professional & technical services. In 2024, employees put in $2.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,853,241
Participants with balances1,243
Active participants1,274
Employer contributions$3,389,985
Employee contributions$9,642,548
Employer contribution per active participant$2,661
Average account balance$57,806
Benefits paid to participants$18,348,854
Plan auditUnmodified (clean) audit opinion
AuditorABIP PC
Plan history3
Yearassets · accounts · employer contribution
2024$71.9M · 1,243 accts · $3.4M emplr
2023$65.3M · 1,274 accts · $3.4M emplr
2022$53.2M · 1,247 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,145
Total administrative$92,145
The Swift Technical Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,661
Median for plans this size$3,635
2024$2,661 per active participant
2023$2,555 per active participant
2022$2,391 per active participant

Swift Technical Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$92,144
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$92,145 · 0.13%
2023$97,034 · 0.16%
2022$28,918 · 0.05%
All plans at this employer2
AIRSWIFT TECHNICAL SERVICES 401(K) PS PLAN & TRUST401(k)
AIRSWIFT OIL AND GAS 401(K) PROFIT SHARING PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Texas
Wpengine, Inc. TX$72.0M · 0.25%
Aegis Aerospace, Inc. TX$71.8M · 0.03%
Bggmc, LLC TX$70.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760698360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.