Plan Ledger DOL Form 5500 · updated monthly

Swoon Group, LLC401(k)

SWOON GROUP, LLC RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Swoon Group, LLC reported $36,274 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,129 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 3 years on file its reported administrative ratio has held roughly steady near 0.46%. 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 Illinois (2,501st of 3,702), and the 1,087th of 2,534 in administrative & support services. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has shrunk from 387 to 297 since 2022.

Plan summary
Net assets, end of year$8,785,829
Participants with balances267
Active participants297
Employer contributions$335,270
Employee contributions$1,143,416
Employer contribution per active participant$1,129
Average account balance$32,906
Benefits paid to participants$800,374
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 267 accts · $335K emplr
2023$6.9M · 275 accts · $352K emplr
2022$5.2M · 245 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,274
Total administrative$36,274
The Swoon Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,129
Median for plans this size$1,313
2024$1,129 per active participant
2023$1,121 per active participant
2022$1,133 per active participant

Swoon Group, LLC's 2024 employer contribution ran below the $1,313 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
MMA SECURITIES · Trustee (directed)$30,674
SHORE TOMPKINS ACTUARIAL RESOURCES · Contract administrator$4,650
CAPITAL RESEARCH AND MANAGEMENT CO$1,400

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$36,274 · 0.46%
2023$35,969 · 0.59%
2022$22,955 · 0.47%
Same employer
Similar plansAdministrative & Support Services · Illinois
J.J. & H., LTD. IL$9.3M · 0.89%
Staffing Plus, Inc IL$9.1M · 0.75%
Vonachen Group, Inc. IL$8.6M · 0.16%
Gdi Services Inc. IL$7.8M · 0.88%
A.S.G Staffing, Inc. IL$7.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270610400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.