# Southwest Security, INC. 401(k) Plan
Source: https://planprovider.pro/companies/southwest-security-inc-640639663-001

> Southwest Security, INC.&#39;s 401(k) plan: 103 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Southwest Security, INC.

- **Sponsor EIN:** 640639663

- **Sponsor Address:** P. O. BOX 670, NATCHEZ, MS, 391210670

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 103

- **Total Assets:** $5.8M

## 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|103|$5.8M|$60,000|$0|

| 2023|99|$4.8M|$60,000|$0|

| 2022|91|$4.8M|$60,000|$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|

| SILAS SIMMONS, LLP|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|$56,568|—|—|—|—|

| 2023|$49,813|—|—|—|—|

| 2022|$48,119|—|—|—|$21,286|

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