Plan Snapshot
- Plan Sponsor: Southwest Shipyard, L.P.
- Sponsor EIN: 760515702
- Sponsor Address: 18310 MARKET STREET, CHANNELVIEW, TX, 77530
- Plan Type: 401(k)
- Total Participants: 380
- Total Assets: $13.9M
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 | 380 | $13.9M | $387,723 | $1.2M |
| 2023 | 302 | $12.7M | $392,123 | $948,716 |
| 2022 | 239 | $10.8M | $247,656 | $806,720 |
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 |
|---|---|---|---|---|
| WITHUMSMITH BROWN PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH BROWN PC — 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 | $33,111 | $24,502 | — | — | — |
| 2023 | $17,365 | $21,463 | — | — | — |
| 2022 | $18,777 | — | — | — | — |