Plan Ledger DOL Form 5500 · updated monthly

Swyfft Holdings LLC401(k)

SWYFFT HOLDINGS LLC 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Swyfft Holdings LLC reported $24,107 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,381 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 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in New Jersey (1,450th of 2,419), and 3,886th of 4,798 in finance & insurance. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 149 to 195 since 2022.

Plan summary
Net assets, end of year$11,091,148
Participants with balances205
Active participants195
Employer contributions$659,323
Employee contributions$1,464,307
Employer contribution per active participant$3,381
Average account balance$54,103
Benefits paid to participants$219,275
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 205 accts · $659K emplr
2023$7.0M · 176 accts · $556K emplr
2022$4.5M · 154 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,005
Investment management$21,102
Total administrative$24,107
The Swyfft Holdings LLC 401(k) match · 2024
Employer contribution per active participant$3,381
Median for plans this size$1,313
2024$3,381 per active participant
2023$3,233 per active participant
2022$3,204 per active participant

Swyfft Holdings LLC's 2024 employer contribution ran above the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$3,005
GALLAGHER FIDUCIARY ADVISORS · Investment advisory (plan)$21,102

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,107 · 0.27%
2023$17,141 · 0.30%
2022$11,238 · 0.26%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 843889715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.