Plan Snapshot
- Plan Sponsor: Southland Steel Fabricators, INC.
- Sponsor EIN: 721074477
- Sponsor Address: 13040 FOULKS LANE, AMITE, LA, 70422
- Plan Type: 401(k)
- Total Participants: 374
- Total Assets: $4.5M
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 | 374 | $4.5M | $564,791 | $616,942 |
| 2023 | 266 | $3.4M | $801,828 | $471,789 |
| 2022 | 128 | $1.9M | $105,212 | $334,111 |
| 2020 | 166 | $2.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| HAWTHORN, WAYMOUTH & CARROLL, L.L.P | 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 | $8,387 | — | — | — | — |
| 2023 | $1,883 | — | — | — | — |
| 2022 | $2,812 | — | — | — | — |
| 2020 | $1,250 | — | — | $1,250 | — |