Plan Ledger DOL Form 5500 · updated monthly

Swva, Inc.401(k)

SWVA, INC. COLLECTIVE BARGAINING UNIT RETIREMENT PLAN · HUNTINGTON, WV · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Swva, Inc. reported $100,817 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $3,919 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 0.26% to 0.20%. 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 38th-largest of 265 plans among West Virginia employers on file, and the 3,027th of 13,661 in manufacturing. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$52,859,500
Participants with balances598
Active participants517
Employer contributions$2,025,874
Employee contributions$1,896,777
Employer contribution per active participant$3,919
Average account balance$88,394
Benefits paid to participants$5,581,304
Plan auditUnmodified (clean) audit opinion
AuditorHAINES ISENBARGER & SKIBA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$52.9M · 598 accts · $2.0M emplr
2023$48.1M · 620 accts · $2.0M emplr
2022$41.1M · 661 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,228
Investment management$49,589
Total administrative$100,817
The Swva, Inc. 401(k) match · 2024
Employer contribution per active participant$3,919
Median for plans this size$3,635
2024$3,919 per active participant
2023$3,828 per active participant
2022$3,852 per active participant

Swva, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,228
PNC BANK NATIONAL ASSOCIATION · Investment advisory (plan)$46,260

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$100,817 · 0.20%
2023$95,551 · 0.21%
2022$101,344 · 0.26%
All plans at this employer2
SWVA, INC. COLLECTIVE BARGAINING UNIT RETIREMENT PLAN401(k)
SWVA, INC. MANAGEMENT RETIREMENT PLAN401(k)
Same employer
Similar plansManufacturing · West Virginia
J. H. Fletcher & Co. WV$62.3M · 0.26%
Fairlife, LLC IL$53.0M · 0.08%
J W Aluminum Company SC$53.0M · 0.29%
Claas of America Inc. NE$52.9M · 0.19%
Metal Exchange Corporation MO$52.8M · 0.27%
Skyline Displays, LLC MN$52.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550621605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.