Plan Ledger DOL Form 5500 · updated monthly

Swingtech Consulting, Inc.401(k)

SWINGTECH CONSULTING, INC. 401(K) PROFIT SHARING PLAN · GREENBELT, MD · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Swingtech Consulting, Inc. reported $19,130 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,756 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 fell from 0.32% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (996th of 1,671), and 8,017th of 11,654 in professional & technical services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,963,137
Participants with balances214
Active participants172
Employer contributions$818,066
Employee contributions$1,154,952
Employer contribution per active participant$4,756
Average account balance$46,557
Benefits paid to participants$1,068,905
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, SCHICKNER, & HARPER LLC
Plan history2
Yearassets · accounts · employer contribution
2024$10.0M · 214 accts · $818K emplr
2023$7.4M · 206 accts · $762K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,130
Total administrative$19,130
The Swingtech Consulting, Inc. 401(k) match · 2024
Employer contribution per active participant$4,756
Median for plans this size$1,313
2024$4,756 per active participant
2023$5,257 per active participant

Swingtech Consulting, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
THE VANGUARD GROUP, IN C. · Recordkeeping · Investment management$22,880
401KINABOX · Contract administrator$10,400

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history2
2024$19,130 · 0.22%
2023$18,853 · 0.32%
Similar plansProfessional & Technical Services · Maryland
Clearview Consulting, Inc. MD$10.5M · 0.54%
Heliocampus, Inc. MD$10.3M · 0.45%
Analygence, Inc. MD$10.1M · 0.88%
Brmi Holdings Corporation MD$9.9M · 0.49%
Compass Systems, Inc. MD$9.9M · 0.59%
Innovim, LLC MD$9.7M · 0.63%
Planit Advertising, Inc. MD$9.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264774738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.