Plan Ledger DOL Form 5500 · updated monthly

The Swift Group Holdings, LLC401(k)

THE SWIFT GROUP 401(K) PROFIT SHARING PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

The Swift Group Holdings, LLC reported $137,123 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $8,823 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 0.50% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 540th-largest of 2,266 plans among Virginia employers on file, and the 3,042nd of 11,654 in professional & technical services. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 141 to 304 since 2022.

Plan summary
Net assets, end of year$44,172,929
Participants with balances488
Active participants304
Employer contributions$2,682,337
Employee contributions$4,431,401
Employer contribution per active participant$8,823
Average account balance$90,518
Benefits paid to participants$6,870,579
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.2M · 488 accts · $2.7M emplr
2023$15.6M · 257 accts · $1.3M emplr
2022$10.6M · 214 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,200
Investment management$92,923
Total administrative$137,123
The The Swift Group Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$8,823
Median for plans this size$2,416
2024$8,823 per active participant
2023$9,392 per active participant
2022$7,979 per active participant

The Swift Group Holdings, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$75,900
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,200
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,023

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$137,123 · 0.46%
2023$66,092 · 0.50%
2022$52,631 · 0.50%
Same employer
Similar plansProfessional & Technical Services · Virginia
Nextpoint Group, LLC VA$45.2M · 0.09%
System High Corporation VA$44.8M · 0.44%
Applied Insight, LLC VA$44.6M · 0.12%
Karsun Solutions, LLC VA$43.6M · 0.09%
Steampunk, Inc. VA$43.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834250369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.