Plan Snapshot
- Plan Sponsor: Southwest Airlines Federal Credit Union
- Sponsor EIN: 751486899
- Sponsor Address: 2430 SHORECREST, DALLAS, TX, 75235
- Plan Type: DB
- Total Participants: 94
- Total Assets: $33.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 94 | $33.6M | $0 | $0 |
| 2023 | 84 | $30.2M | $0 | $0 |
| 2022 | 75 | $26.5M | $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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $100,243 | — | $100,243 |
| DAVIDSON CAPITAL MANAGEMENT, INC | NONE | $33,704 | — | $33,704 |
| 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: $133,947
- Estimated Expense Ratio: 0.399% 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 | $42,706 | $33,704 | — | — | — |
| 2023 | $27,898 | $21,836 | — | — | — |
| 2022 | $8,785 | — | — | — | $8,785 |