Retirement plan

SOUTHWEST AUTOMATED SECURITY INC. EMPLOYEE STOCK OWNERSHP PLAN

Name: SOUTHWEST AUTOMATED SECURITY, INC. - SOUTHWEST AUTOMATED SECURITY INC. EMPLOYEE STOCK OWNERSHP PLAN (2020) Form 5500
Creator: SOUTHWEST AUTOMATED SECURITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHWEST AUTOMATED SECURITY INC. EMPLOYEE STOCK OWNERSHP PLAN, SOUTHWEST AUTOMATED SECURITY, INC.

SOUTHWEST AUTOMATED SECURITY, INC.EIN 27-0103211Plan #001PY 2020

2545 MERRELL ROAD - DALLAS, TX 75229214-902-7997southwestautomated.comLinkedIn51-200 employeeswholesale

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11M

+13.8% from 2019

Total participants

+19.7% from 2019

Average account balance

$139,805

-7.8% from 2019

Annual return

9.52%

+4.88 pp from 2019

Benchmarks

See 9,207 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,207 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$11.30M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$96K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

118

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-8.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$2133

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$53K

$772 / participant

Other / not subdivided$53K100.0%

% of EOY assets

0.483%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$139,805

$91,559+52.7%

$133,971+4.4%

$79,852+75.1%

Participation rate

100.0%

73.3%+26.7pp

79.8%+20.2pp

69.6%+30.4pp

Annual return

9.52%

61.85%-52.3pp

45.09%-35.6pp

31.72%-22.2pp

Employer contribution / active EE

$6,077

$2,384+155.0%

$3,919+55.1%

$2,471+145.9%

Participant deferral / active EE

$3,734-100.0%

$5,047-100.0%

$3,740-100.0%

Admin fee / account holder

$675

$6,321-89.3%

$8,929-92.4%

$5,306-87.3%

SOUTHWEST AUTOMATED SECURITY INC. EMPLOYEE STOCK OWNERSHP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHWEST AUTOMATED SECURITY INC. EMPLOYEE STOCK OWNERSHP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion