Plan Snapshot
- Plan Sponsor: Southwest Service Administrators INC
- Sponsor EIN: 860785790
- Sponsor Address: 2550 W UNION HILLS DRIVE, PHOENIZ, AZ, 85027
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $3.8M
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 | 198 | $3.8M | $157,124 | $371,421 |
| 2023 | 200 | $3.4M | $142,595 | $309,638 |
| 2022 | 188 | $2.8M | $132,003 | $292,759 |
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 |
|---|---|---|---|---|
| TULL, FORSBERG AND OLSON PLC | 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 | $37,721 | — | — | — | — |
| 2023 | $14,820 | — | — | — | — |
| 2022 | $13,749 | — | $13,749 | — | — |