Plan Snapshot
- Plan Sponsor: Southwest College Of Medical - D
- Sponsor EIN: 951729727
- Sponsor Address: 2121 W GARVEY AVE NORTH, WEST COVINA, CA, 91790
- Plan Type: 401(k)
- Total Participants: 1,339
- Total Assets: $2.7M
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 | 1,339 | $2.7M | $0 | $560,367 |
| 2023 | 1,096 | $2.1M | $0 | $468,053 |
| 2022 | 539 | $1.7M | $0 | $411,054 |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP, LLC | Investment Advisor | $14,151 | — | $14,151 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,151
- Estimated Expense Ratio: 0.529% 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 | $16,852 | $14,802 | — | — | — |
| 2023 | $13,051 | $12,208 | — | — | — |
| 2022 | $10,677 | — | — | — | — |