Plan Ledger DOL Form 5500 · updated monthly

Southwest Power Pool, Inc.401(k)

SOUTHWEST POWER POOL 401(K) SAVINGS PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Southwest Power Pool, Inc. reported $138,726 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,771 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 0.09% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 22nd-largest of 456 plans among Arkansas employers on file, and the 722nd of 11,654 in professional & technical services. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 662 to 823 since 2022.

Plan summary
Net assets, end of year$224,537,562
Participants with balances972
Active participants823
Employer contributions$4,749,506
Employee contributions$8,802,293
Employer contribution per active participant$5,771
Average account balance$231,006
Benefits paid to participants$15,517,176
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$224.5M · 972 accts · $4.7M emplr
2023$193.5M · 894 accts · $4.2M emplr
2022$157.5M · 790 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,726
Investment management$35,000
Total administrative$138,726
The Southwest Power Pool, Inc. 401(k) match · 2024
Employer contribution per active participant$5,771
Median for plans this size$3,635
2024$5,771 per active participant
2023$5,618 per active participant
2022$5,672 per active participant

Southwest Power Pool, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$103,726
FIRST SECURITY BANK · Investment advisory (plan)$35,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$138,726 · 0.07%
2023$136,014 · 0.08%
2022$161,512 · 0.09%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 710748158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.