Plan Snapshot
- Plan Sponsor: Southland Industries
- Sponsor EIN: 951596533
- Sponsor Address: 12131 WESTERN AVE, GARDEN GROVE, CA, 92841
- Plan Type: 401(k)
- Total Participants: 1,096
- Total Assets: $211.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,096 | $211.8M | $7.1M | $14.1M |
| 2023 | 916 | $177.3M | $6.0M | $11.9M |
| 2022 | 847 | $141.3M | $5.2M | $10.4M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $312,003 | — | $312,003 |
| FISHER INVESTMENTS | Recordkeeper | $16,553 | — | $16,553 |
| KENDALL CAPITAL MANAGEMENT | Other Service Provider | $13,005 | — | $13,005 |
| LMCG INVESTMENTS LLC | Other Service Provider | $10,405 | — | $10,405 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- FISHER INVESTMENTS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $351,966
- Estimated Expense Ratio: 0.166% 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 | $438,866 | $372,905 | — | — | — |
| 2023 | $330,796 | $330,796 | — | — | — |
| 2022 | $298,070 | — | — | — | — |