Plan Snapshot
- Plan Sponsor: Quikstudy Learning Centers, INC. Dba Southwest University At El Paso
- Sponsor EIN: 742869085
- Sponsor Address: 1420 GERONIMO DR., EL PASO, TX, 79925
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 223 | $3.1M | $167,925 | $269,123 |
| 2023 | 279 | $2.5M | $154,876 | $233,953 |
| 2022 | 203 | $1.9M | $176,195 | $230,653 |
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 |
|---|---|---|---|---|
| CARR, RIGGS AND INGRAM, L.L.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $36,379 | — | $36,379 | — | — |
| 2023 | $26,241 | — | $26,241 | — | — |
| 2022 | $26,500 | — | $26,500 | — | — |