Plan Snapshot
- Plan Sponsor: Sooner Southwest Bankshares, INC.
- Sponsor EIN: 731492372
- Sponsor Address: 1751 EAST 71ST STREET, TULSA, OK, 74136
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $11.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 109 | $11.9M | $338,192 | $445,864 |
| 2023 | 108 | $10.7M | $338,601 | $455,911 |
| 2022 | 111 | $9.3M | $303,292 | $399,168 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $10,177 | — | $10,177 |
| ERISA SERVICES MIDWEST, LLC | THIRD PARTY ADMINISTRATO | — | $9,912 | $9,912 |
| MORNINGSTAR | SERVICE PROVIDER | — | $5,697 | $5,697 |
| VOYA RETIREMENT INS & ANN CO | SERVICE PROVIDER | — | $5,697 | $5,697 |
| REGIER, CARR & MONROE, LLP, CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORNINGSTAR — SERVICE PROVIDER
- REGIER, CARR & MONROE, LLP, CPA'S — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,483
- Estimated Expense Ratio: 0.264% 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 | $18,377 | $12,152 | $5,650 | — | — |
| 2023 | $15,884 | — | $15,884 | — | — |
| 2022 | $2,128 | — | $2,128 | — | — |