Plan Ledger DOL Form 5500 · updated monthly

Swiss Krono USA, Inc.401(k)

SWISS KRONO USA, INC. 401K RETIREMENT PLAN · BARNWELL, SC · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Swiss Krono USA, Inc. reported $84,347 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,769 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 0.53% to 0.56%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 323rd-largest of 807 plans among South Carolina employers on file, and 6,835th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,912,023
Participants with balances374
Active participants323
Employer contributions$894,330
Employee contributions$1,766,943
Employer contribution per active participant$2,769
Average account balance$42,546
Benefits paid to participants$3,055,195
Plan auditUnmodified (clean) audit opinion
AuditorSEROTTA MADDOCKS EVANS & COCPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 374 accts · $894K emplr
2023$14.3M · 363 accts · $840K emplr
2022$12.4M · 339 accts · $730K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,292
Investment management$14,055
Total administrative$84,347
The Swiss Krono USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,769
Median for plans this size$2,416
2024$2,769 per active participant
2023$2,659 per active participant
2022$2,309 per active participant

Swiss Krono USA, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$71,221
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$14,055
ADP BROKER-DEALERindirect 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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$84,347 · 0.56%
2023$78,350 · 0.59%
2022$70,948 · 0.53%
Same employer
Similar plansManufacturing · South Carolina
Kiswire, Inc. SC$16.5M · 0.67%
Boysen USA, LLC SC$16.4M · 0.37%
Progress Lighting LLC SC$16.4M · 0.10%
Britax Child Safety, Inc. SC$16.0M · 0.24%
Rather Outdoors Corporation SC$15.1M · 0.60%
Jagenberg US Holding, Inc. SC$14.7M · 0.04%
Leigh Fibers, Inc. SC$14.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582469129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.