Plan Snapshot
- Plan Sponsor: Southwest Airlines Federal Credit Union
- Sponsor EIN: 751486899
- Sponsor Address: 2430 SHORECREST, DALLAS, TX, 75235
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $10.7M
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 | 111 | $10.7M | $339,771 | $553,633 |
| 2023 | 110 | $8.8M | $335,299 | $553,486 |
| 2022 | 97 | $8.1M | $305,319 | $549,886 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $53,336 | — | $53,336 |
| DAVIDSON CAPITAL MANAGEMENT, INC | NONE | $9,991 | — | $9,991 |
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,327
- Estimated Expense Ratio: 0.590% 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 | $17,442 | $9,992 | $7,450 | — | — |
| 2023 | $13,296 | $5,798 | $7,498 | — | — |
| 2022 | $6,338 | — | $6,338 | — | — |