Plan Snapshot
- Plan Sponsor: Southwestern Industries, INC.
- Sponsor EIN: 953746481
- Sponsor Address: 2615 HOMESTEAD PLACE, RANCHO DOMINGUEZ, CA, 90220
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 180
- Total Assets: $29.5M
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. |
|---|---|---|---|---|
| 2025 | 180 | $29.5M | $0 | $0 |
| 2024 | 162 | $26.4M | $418,056 | $1.1M |
| 2023 | 172 | $26.1M | $469,406 | $1.2M |
| 2022 | 166 | $23.3M | $471,583 | $1.1M |
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 |
|---|---|---|---|---|
| OPPENHEIMER & CO INC | Investment Advisor | $40,255 | — | $40,255 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $24,359 | — | $24,359 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $8,512 | — | $8,512 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,126
- Estimated Expense Ratio: 0.248% of plan assets
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 | $1,906,028 | $48,768 | — | — | — |
| 2024 | $61,093 | $45,640 | — | — | — |
| 2023 | $62,678 | $45,449 | — | — | — |
| 2022 | $60,967 | $4,691 | — | — | — |