Plan Snapshot
- Plan Sponsor: Southwest Business Corporation
- Sponsor EIN: 751553739
- Sponsor Address: 9311 SAN PEDRO AVE. STE. 600, SAN ANTONIO, TX, 78216
- Plan Type: 401(k)
- Total Participants: 2,025
- Total Assets: $275.0M
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 | 2,025 | $275.0M | $4.7M | $14.8M |
| 2023 | 2,210 | $253.4M | $4.7M | $14.9M |
| 2022 | 2,329 | $213.8M | $5.1M | $14.8M |
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 |
|---|---|---|---|---|
| BDO USA LLP | Auditor | $29,400 | — | $29,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,400
- Estimated Expense Ratio: 0.011% 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 | $296,378 | — | $266,978 | $29,400 | — |
| 2023 | $329,088 | — | $276,682 | $47,250 | — |
| 2022 | $279,954 | — | $259,376 | — | $20,578 |