Plan Ledger DOL Form 5500 · updated monthly

Swissport North America Holdings, Inc.401(k)

SWISSPORT NORTH AMERICA HOLDINGS, INC. · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Swissport North America Holdings, Inc. reported $572,588 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $687 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 0.29% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 133rd-largest of 2,005 plans among North Carolina employers on file, and the 55th of 2,240 in accommodation & food services. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,531,037
Participants with balances6,179
Active participants9,283
Employer contributions$6,379,805
Employee contributions$11,947,142
Employer contribution per active participant$687
Average account balance$28,084
Benefits paid to participants$25,823,486
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Plan history3
Yearassets · accounts · employer contribution
2024$173.5M · 6,179 accts · $6.4M emplr
2023$161.1M · 7,617 accts · $6.2M emplr
2022$141.8M · 7,689 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$536,252
Investment management$887
Audit (IQPA)$33,974
Total administrative$572,588
The Swissport North America Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$687
Median for plans this size$3,635
2024$687 per active participant
2023$1,479 per active participant
2022$732 per active participant

Swissport North America Holdings, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$536,252
THOMPSON GREENSPON & CO PC · Accounting / audit$33,974
ADVISED ASSETS GROUP, LLC · Investment management$887

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Swissport North America Holdings, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$572,588 · 0.34%
2023$518,820 · 0.34%
2022$446,237 · 0.29%
Similar plansAccommodation & Food Services · North Carolina
Compass Group USA, Inc. NC$2.5B · 0.22%
Osi Restaurant Partners, LLC FL$194.9M · 0.14%
Fertitta Entertainment, Inc. TX$181.4M · 0.36%
White Castle System, Inc. OH$176.5M · 0.07%
Highgate Hotels, L.P. TX$171.0M · 0.36%
Outrigger Hotels Hawaii HI$162.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113280508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.