Plan Snapshot
- Plan Sponsor: Southland Transportation Company
- Sponsor EIN: 561607563
- Sponsor Address: 112 RIVER ROAD, BOONVILLE, NC, 270118338
- Plan Type: 401(k)
- Total Participants: 287
- Total Assets: $4.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 287 | $4.1M | $104,582 | $719,017 |
| 2023 | 263 | $3.5M | $91,295 | $626,614 |
| 2022 | 252 | $2.6M | $81,691 | $589,134 |
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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — Auditor
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 | $81,037 | $56,330 | $24,707 | — | — |
| 2023 | $45,618 | $28,228 | $17,390 | — | — |
| 2022 | $55,771 | $36,707 | $19,064 | — | — |