Plan Ledger DOL Form 5500 · updated monthly

Swords to Plowshares403(b)

SWORDS TO PLOWSHARES 403(B) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Swords to Plowshares reported $28,755 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,659 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 0.36% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,261st of 9,483), and the 5,498th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,739,930
Participants with balances233
Active participants190
Employer contributions$505,225
Employee contributions$430,380
Employer contribution per active participant$2,659
Average account balance$46,094
Benefits paid to participants$912,385
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 233 accts · $505K emplr
2023$9.5M · 227 accts · $482K emplr
2022$8.0M · 217 accts · $428K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,755
Total administrative$28,755
Employer contributions to the Swords to Plowshares plan · 2024
Employer contribution per active participant$2,659
Median for plans this size$2,416
2024$2,659 per active participant
2023$2,564 per active participant
2022$2,457 per active participant

Swords to Plowshares'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 · 20244
PEERY & ASSOCIATES INC · Contract administrator$9,150
EMPOWER ADVISORY GROUP LLC · Investment management$5,299
LINCOLN NATIONAL CORPORATION · Contract administrator$725

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$28,755 · 0.28%
2023$27,427 · 0.31%
2022$26,902 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · California
Berg Senior Services, LLC CA$10.8M · 0.03%
Momentum Agencies CA$10.7M · 0.29%
Elica Health Centers CA$10.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942260626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.