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THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. 401k Plan overview

Plan NameTHE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC.
Plan identification number 001

THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTHWEST DISTRIBUTORS, INC. has sponsored the creation of one or more 401k plans.

Company Name:SOUTHWEST DISTRIBUTORS, INC.
Employer identification number (EIN):640353959
NAIC Classification:424800

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01MICHAEL BELOTE2020-09-11
0012018-01-01MICHAEL BELOTE2019-08-26
0012017-01-01MICHAEL BELOTE2018-07-12
0012016-01-01MICHAEL BELOTE2017-10-11
0012015-01-01MICHAEL BELOTE2016-06-06 MICHAEL BELOTE2016-06-06
0012014-01-01ROBERT BELOTE2015-07-22 ROBERT BELOTE2015-07-22
0012013-01-01VERONICA BRUCE2014-07-25 VERONICA BRUCE2014-07-25
0012012-01-01KIM RODRIGUEZ2013-05-22 KIM RODRIGUEZ2013-05-22
0012011-01-01MICHAEL BELOTE2012-06-18
0012010-01-01MICHAEL BELOTE2011-05-11

Plan Statistics for THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC.

401k plan membership statisitcs for THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC.

Measure Date Value
2025: THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. 2025 401k membership
Total number of particpants at beginning of year2025-01-2766
Total number of particpants at end of year2025-01-2759
Number of Participants With Account Balances2025-01-2747
2024: THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. 2024 401k membership
Total number of particpants at beginning of year2024-04-1764
Total number of particpants at end of year2024-04-1763
Number of Participants With Account Balances2024-04-1747

Financial Data on THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC.

Measure Date Value
2025 : THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. 2025 401k financial data
Total expenses incurred by plan in this plan year2025-01-27333986
Net assets as of the end of the plan year2025-01-274756657
Total assets as of the beginning of the plan year2025-01-274257460
Value of plan covered by a fidelity bond2025-01-271000000
Participant contributions to plan in this plan year2025-01-27147607
Other income to plan in this plan year2025-01-27560395
Plan net income in this plan year2025-01-27499197
Net assets as of the end of the plan year2025-01-274756657
Net assets as of the beginning of the plan year2025-01-274257460
Employer contributions to plan in this plan year2025-01-27125181
Fees paid to broker by Benefit Provider2025-01-273175
Expensese paid to adminstrative service provicers from plan in this plan year2025-01-2740158
2024 : THE 401(K) PLAN OF SOUTHWEST DISTRIBUTORS, INC. 2024 401k financial data
Total expenses incurred by plan in this plan year2024-04-171033657
Net assets as of the end of the plan year2024-04-174257460
Total assets as of the beginning of the plan year2024-04-174364647
Value of plan covered by a fidelity bond2024-04-171000000
Participant contributions to plan in this plan year2024-04-17145867
Other income to plan in this plan year2024-04-17655816
Plan net income in this plan year2024-04-17-107187
Net assets as of the end of the plan year2024-04-174257460
Net assets as of the beginning of the plan year2024-04-174364647
Employer contributions to plan in this plan year2024-04-17124787
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-1740325

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