Smith & Wesson Brands, Inc. 401(k) Review & Grade
Smith & Wesson Brands, Inc. Profit Sharing and Investment Plan
Maryville, TNManufacturing1,471 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,789Employer $ per active participant
$4,674Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$256.9MNet plan assets, end of year
$107,358Average balance per account
Score breakdown
- Employer generosity40.7 / 5081th percentile for employer $ per participant
- Low cost18.5 / 2574th percentile for low admin cost vs. same-size plans
- Employee saving7.0 / 1546th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score76 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 74th |
| Employee saving | 46th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Smith & Wesson Brands put in about $4,789 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,044,224 |
| Participant (employee) contributions | $6,875,593 |
| Other contributions (incl. rollovers in) | $910,115 |
| Administrative expenses paid from the plan | $257,468 |
| Investment advisory & management fees | $35,000 |
| Benefits paid out | $39,842,531 |
| Net assets, start / end of year | $259.6M / $256.9M |
| Active participants, start / end of year | 1,525 / 1,417 |
| Participants with account balances | 2,393 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Coulter & Justus |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $200,618 reported compensation |
| Morgan Stanley | $35,000 reported compensation |
| Meyers Brothers Kalicka, PC | $21,850 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260204094418NAL0005555888001, received 2026-02-04, EIN 87-0543688, plan #002, plan year 2024-05-01 to 2025-04-30. Verify at efast.dol.gov.