Plan Ledger DOL Form 5500 · updated monthly

Swipejobs, Inc.401(k)

SWIPEJOBS, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
1.26%

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

Swipejobs, Inc. reported $60,657 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $25 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 1.36% to 1.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,967th of 5,688), and 1,400th of 2,534 in administrative & support services. In 2024, employees put in $6.32 for every $1.00 the employer contributed; active participation has grown from 284 to 6,028 since 2022.

Plan summary
Net assets, end of year$5,337,052
Participants with balances272
Active participants6,028
Employer contributions$151,288
Employee contributions$955,846
Employer contribution per active participant$25
Average account balance$19,622
Benefits paid to participants$672,307
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 272 accts · $151K emplr
2023$4.3M · 307 accts · $156K emplr
2022$2.8M · 271 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,089
Investment management$21,568
Total administrative$60,657
The Swipejobs, Inc. 401(k) match · 2024
Employer contribution per active participant$25
Median for plans this size$1,313
2024$25 per active participant
2023$14 per active participant
2022$527 per active participant

Swipejobs, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
MMA SECURITIES LLC · Investment advisory (plan)$21,568

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$60,657 · 1.26%
2023$45,929 · 1.30%
2022$39,067 · 1.36%
Similar plansAdministrative & Support Services · Texas
Cl Support Services, LLC TX$5.6M · 1.14%
Pds Tech Commercial, Inc. TX$5.5M · 0.03%
Career Strategies, Inc. TX$5.3M · 0.66%
Vetiq Staffing, Inc. TX$5.3M · 0.98%
Maviro, Inc. TX$5.2M · 0.60%
Telvista, Inc. TX$5.0M · 0.38%
Fma Alliance, LTD TX$5.0M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471203513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.