Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Southwest Business Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Southwest Business Corporation under EIN 75-1553739 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,065 participants and $253,356,511 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $253,356,511
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $253,356,511
- Net assets (BOY)
- $213,821,711
Income & contributions
- Employer contributions
- $4,675,034
- Participant contributions
- $14,880,963
- Total contributions
- $22,799,141
- Total income / additions
- $63,202,594
Expenses & distributions
- Benefits paid
- $23,338,005
- Administrative expenses
- $329,088
- Total expenses
- $23,667,794
- Net increase / (decrease)
- $39,534,800