Plan Ledger DOL Form 5500 · updated monthly

Swinerton Incorporated401(k) + ESOP (KSOP)

SWINERTON 401(K) & SAVINGS PLAN · CONCORD, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Swinerton Incorporated reported $508,129 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $8,498 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 fell from 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other construction employers. By assets it is the 157th-largest of 9,483 plans among California employers on file, and the 76th of 5,337 in construction. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 2,280 to 2,707 since 2022.

Plan summary
Net assets, end of year$831,509,680
Participants with balances4,414
Active participants2,707
Employer contributions$23,005,434
Employee contributions$28,447,004
Employer contribution per active participant$8,498
Average account balance$188,380
Benefits paid to participants$80,417,768
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$831.5M · 4,414 accts · $23.0M emplr
2023$747.6M · 3,812 accts · $31.0M emplr
2022$687.4M · 3,595 accts · $35.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$508,129
Total administrative$508,129
The Swinerton Incorporated 401(k) match · 2024
Employer contribution per active participant$8,498
Median for plans this size$4,294
2024$8,498 per active participant
2023$12,479 per active participant
2022$15,727 per active participant

Swinerton Incorporated's 2024 employer contribution ran above the $4,294 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$508,129
CHARTWELL FINANCIAL ADVISORY, INC · Valuationindirect comp
BAKER TILLY US, LLP · Accounting / auditindirect comp
NFP RETIREMENT · Investment advisory (plan)indirect comp

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$508,129 · 0.06%
2023$633,463 · 0.09%
2022$542,543 · 0.07%
Same employer
Similar plansConstruction · California
Dpr Construction CA$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931132374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.