Plan Snapshot
- Plan Sponsor: Bswift LLC
- Sponsor EIN: 364391310
- Sponsor Address: 500 WEST MONROE, SUITE 3800, CHICAGO, IL, 60661
- Plan Type: 401(k)
- Total Participants: 1,170
- Total Assets: $73.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,170 | $73.0M | $3.7M | $7.1M |
| 2023 | 1,068 | $46.0M | $2.8M | $5.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $123,154 | — | $123,154 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $33,094 | — | $33,094 |
| GRANT THORNTON LLP | AUDITOR | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,748
- Estimated Expense Ratio: 0.222% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $161,748 | $33,094 | — | $5,500 | — |
| 2023 | $63,511 | $10,369 | — | — | — |