Plan Snapshot
- Plan Sponsor: Southland International Trucks, INC
- Sponsor EIN: 630832185
- Sponsor Address: P.O.BOX 578, BIRMINGHAM, AL, 35201
- Plan Type: 401(k)
- Total Participants: 237
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 237 | $11.5M | $100,000 | $806,272 |
| 2023 | 216 | $11.5M | $116,920 | $902,791 |
| 2022 | 225 | $9.9M | $150,000 | $797,893 |
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 |
|---|---|---|---|---|
| T.E.LOTT | 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 | $45,623 | $22,134 | $23,489 | — | — |
| 2023 | $76,895 | $40,653 | $350 | — | — |
| 2022 | $70,275 | $65,438 | $4,837 | — | — |