Plan Ledger DOL Form 5500 · updated monthly

Southwest International Trucks, Inc401(k)

SOUTHWEST INTERNATIONAL TRUCKS, INC 401(K) PLAN & TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.26%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Southwest International Trucks, Inc reported $52,523 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.34% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 2,018th-largest of 5,688 plans among Texas employers on file, and the 1,885th of 4,246 in wholesale trade. active participation has grown from 282 to 366 since 2022.

Plan summary
Net assets, end of year$20,024,023
Participants with balances188
Active participants366
Employer contributions$0
Employee contributions$987,251
Employer contribution per active participant$0
Average account balance$106,511
Benefits paid to participants$3,290,290
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 188 accts
2023$19.8M · 228 accts · $300K emplr
2022$17.5M · 234 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,434
Investment management$7,089
Total administrative$52,523
The Southwest International Trucks, Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$1,038 per active participant
2022$1,064 per active participant

Southwest International Trucks, Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
REGIONS BANK · Investment advisory (plan)$41,931
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,315

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$52,523 · 0.26%
2023$63,909 · 0.34%
2022$72,761 · 0.34%
Same employer
Similar plansWholesale Trade · Texas
Johnson Equipment Company TX$20.5M · 0.03%
Strategic Materials TX$20.5M · 0.54%
K-Solv, LP TX$20.4M · 0.60%
Avelo Airlines, Inc. TX$19.9M · 0.18%
Mannatech Incorporated TX$19.8M · 0.64%
Tifco Industries, Inc. TX$19.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751830929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.