Plan Ledger DOL Form 5500 · updated monthly

Swiss Automation, Inc.401(k)

SWISS AUTOMATION, INC. 401(K) PLAN · BARRINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Swiss Automation, Inc. reported $1,375 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $487 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,559th of 3,702), and 9,543rd of 13,661 in manufacturing. In 2024, employees put in $4.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,292,973
Participants with balances166
Active participants283
Employer contributions$137,928
Employee contributions$610,536
Employer contribution per active participant$487
Average account balance$49,958
Benefits paid to participants$295,326
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 166 accts · $138K emplr
2023$7.0M · 146 accts · $153K emplr
2022$5.8M · 141 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,375
Total administrative$1,375
The Swiss Automation, Inc. 401(k) match · 2024
Employer contribution per active participant$487
Median for plans this size$1,313
2024$487 per active participant
2023$535 per active participant
2022$445 per active participant

Swiss Automation, 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$1,375

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$1,375 · 0.02%
2023$725 · 0.01%
2022$662 · 0.01%
Same employer
Similar plansManufacturing · Illinois
Tukaiz, LLC IL$8.4M · 0.31%
Bci Acrylic, Inc. IL$8.3M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362994700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.