Plan Snapshot
- Plan Sponsor: Swbc Professional Employer Services V, LLC
- Sponsor EIN: 273708085
- Sponsor Address: 30815 US HWY 281 N., BULVERDE, TX, 781633239
- Plan Type: 401(k)
- Total Participants: 11,989
- Total Assets: $201.2M
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. |
|---|---|---|---|---|
| 2024 | 11,989 | $201.2M | $7.7M | $19.7M |
| 2023 | 10,734 | $155.0M | $6.4M | $16.4M |
| 2022 | 9,481 | $116.0M | $4.9M | $13.5M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $950,810 | $234,130 | $716,680 | — | — |
| 2023 | $738,263 | — | $593,680 | — | — |
| 2022 | $606,025 | $115,964 | $490,061 | — | — |