Plan Snapshot
- Plan Sponsor: Southland Holdings, LLC
- Sponsor EIN: 204336627
- Sponsor Address: 1100 KUBOTA DRIVE, GRAPEVINE, TX, 76051
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,762
- Total Assets: $80.6M
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 | 1,762 | $80.6M | $1.8M | $4.1M |
| 2023 | 1,673 | $78.8M | $1.9M | $4.4M |
| 2022 | 2,143 | $70.3M | $1.8M | $4.2M |
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 INSURANCE & ANNUITY | Other Service Provider | $133,608 | — | $133,608 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $91,601 | — | $91,601 |
| USI ADVISORS,INC. | Other Service Provider | — | $53,000 | $53,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $278,209
- Estimated Expense Ratio: 0.345% 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 | $225,209 | $93,128 | $129,231 | — | — |
| 2023 | $142,698 | $31,009 | $103,664 | — | — |
| 2022 | $53,426 | — | $53,426 | — | — |