Plan Snapshot
- Plan Sponsor: Southwest Security, INC.
- Sponsor EIN: 640639663
- Sponsor Address: P. O. BOX 670, NATCHEZ, MS, 391210670
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $10.0M
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 | 103 | $10.0M | $182,599 | $435,086 |
| 2023 | 112 | $7.9M | $165,530 | $411,273 |
| 2022 | 105 | $6.3M | $149,270 | $365,137 |
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 |
|---|---|---|---|---|
| SILAS SIMMONS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SILAS SIMMONS, LLP — Auditor
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 | $85,492 | — | — | — | — |
| 2023 | $67,764 | — | — | — | — |
| 2022 | $66,158 | — | — | — | $66,158 |