Plan Snapshot
- Plan Sponsor: Southwestern Community Action Council, INC.
- Sponsor EIN: 550488202
- Sponsor Address: 540 FIFTH AVENUE, HUNTINGTON, WV, 25701
- Plan Type: DB
- Total Participants: 26
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 26 | $0 | $0 | $0 |
| 2024 | 1 | $3.9M | $789,326 | $0 |
| 2023 | 80 | $9.9M | $714,934 | $0 |
| 2022 | 85 | $12.8M | $687,437 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BANKING OPER | Other Service Provider | $49,312 | — | $49,312 |
| METRO BENEFITS, INC. | Actuary | $30,506 | — | $30,506 |
| PENCHECKS TRUST COMPANY OF AMERICA | Other Service Provider | $7,886 | — | $7,886 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,704
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 |
|---|---|---|---|---|---|
| 2025 | — | — | — | — | — |
| 2024 | $147,408 | $49,312 | — | — | — |
| 2023 | $225,016 | $59,643 | $18,853 | — | — |
| 2022 | $206,481 | $80,446 | — | — | $41,763 |