Plan Ledger DOL Form 5500 · updated monthly

Southwestern Correctional, LLC Salle CorrectionsProfit-sharing plan

THE CONTRACTORS RETIREMENT PLAN · DRIPPING SPRINGS, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Southwestern Correctional, LLC Salle Corrections reported $4,500 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,402 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 0.07% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,398th-largest of 5,688 plans among Texas employers on file, and the 2,434th of 5,337 in construction.

Plan summary
Net assets, end of year$15,309,382
Participants with balances3,885
Active participants1,557
Employer contributions$3,740,005
Employee contributions—
Employer contribution per active participant$2,402
Average account balance$3,941
Benefits paid to participants$2,360,132
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 3,885 accts · $3.7M emplr
2023$13.1M · 3,990 accts · $4.2M emplr
2022$9.5M · 3,573 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$4,500
Total administrative$4,500
Employer contributions to the Southwestern Correctional, LLC Salle Corrections plan · 2024
Employer contribution per active participant$2,402
Median for plans this size$2,416
2024$2,402 per active participant
2023$2,545 per active participant
2022$1,916 per active participant

Southwestern Correctional, LLC Salle Corrections's 2024 employer contribution ran below the $2,416 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.

Administrative cost history3
2024$4,500 · 0.03%
2023$4,000 · 0.04%
2022$7,000 · 0.07%
Similar plansConstruction · Texas
Vortex Companies, LLC TX$15.5M · 0.07%
Kvp Energy Services LLC TX$15.4M · 0.10%
Shearer Supply, LLC TX$15.3M · 0.04%
W. T. Byler Co. Inc. TX$15.3M · 0.01%
Tempo, Inc. TX$15.1M · 0.01%
Dnt Construction, LLC TX$15.1M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208837181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.