Plan Snapshot
- Plan Sponsor: Southwest Electrical Contracting Services, Ltd.
- Sponsor EIN: 753152897
- Sponsor Address: 9435 E. LOOP 1604 N., CONVERSE, TX, 78109
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $6.8M
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 | 316 | $6.8M | $1.0M | $410,015 |
| 2023 | 368 | $6.7M | $1.7M | $469,671 |
| 2022 | 321 | $5.5M | $1.2M | $487,119 |
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 |
|---|---|---|---|---|
| SKIBBIE CPA, INC. | Auditor | — | — | $0 |
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 | $73,347 | — | $18,615 | — | — |
| 2023 | $91,143 | — | $26,045 | — | — |
| 2022 | $49,242 | — | $49,242 | — | — |