Plan Ledger DOL Form 5500 · updated monthly

Swisslog Logistics, Inc401(k)

SWISSLOG LOGISTICS RETIREMENT SAVINGS PLAN · NEWPORT NEWS, VA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Swisslog Logistics, Inc reported $101,578 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $7,867 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 0.24% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 380th-largest of 2,266 plans among Virginia employers on file, and the 2,481st of 13,661 in manufacturing. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,432,916
Participants with balances597
Active participants483
Employer contributions$3,799,994
Employee contributions$4,418,765
Employer contribution per active participant$7,867
Average account balance$116,303
Benefits paid to participants$4,874,759
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.4M · 597 accts · $3.8M emplr
2023$57.2M · 579 accts · $3.5M emplr
2022$45.4M · 567 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,578
Total administrative$101,578
The Swisslog Logistics, Inc 401(k) match · 2024
Employer contribution per active participant$7,867
Median for plans this size$3,635
2024$7,867 per active participant
2023$7,827 per active participant
2022$6,682 per active participant

Swisslog Logistics, Inc's 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$101,578
DOEREN MAYHEW ASSURANCE · Other servicesindirect comp
RBC WEALTH MANAGEMENT · Consultingindirect 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$101,578 · 0.16%
2023$95,248 · 0.19%
2022$115,999 · 0.24%
Similar plansManufacturing · Virginia
Vfp, Inc. VA$81.5M · 0.01%
Birdsong Corporation VA$73.7M · 0.23%
Sauer Brands, Inc. VA$68.9M · 0.12%
Sicpa Securink Corporation VA$65.1M · 0.22%
Cooke Seafoods USA VA$64.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541312235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.