401(k) · DOL Form 5500 · 2023

Southwest Business Corporation 401(k) Plan

Data updated 2026-08-11

$253M
Total assets
2,329
Participants
96th
Percentile by assets
$108,783
Avg per participant
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Official DOL plan name: Southwest Business Corporation 401(k) Profit Sharing Plan · Sponsored by Southwest Business Corporation · Texas · Finance & Insurance

$253M in assets, 2,329 participants

Southwest Business Corporation's Southwest Business Corporation 401(k) Profit Sharing Plan reported $253M in total assets and 2,329 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #8,232 in Finance & Insurance (8,869 peers)

Coverage in Texas

Southwest Business Corporation 401(k) Profit Sharing Plan covers 2,329 participants in Texas, 3.4x the typical Texas plan (state average ~688 per filing). Assets: $253M.

$253M
total plan assets (2023 EOY)
2,329
covered participants
96th
percentile by assets (of 127,072 plans)
$108,783
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southwest Business Corporation 401(k) Profit Sharing Plan reported net income rose from -$48M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Southwest Business Corporation 401(k) Profit Sharing Plan end-of-year assets rose from $214M in the plan year 2022 filing to $253M in the plan year 2023 filing.
  • Southwest Business Corporation 401(k) Profit Sharing Plan reported participants rose from 2,251 in the plan year 2022 filing to 2,329 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Finance & Insurance

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Southwest Business Corporation 401(k) Profit Sharing Plan reports 2,329 participants - 3.4x that state average ($253M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$214M
Net Assets (End of Year)$253M
Net Income$40M
Employer EIN751553739
Plan Effective Date1986-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwest Business Corporation)

$200M$220M$240M$260M$280M$300M 202220232024 $214M $275M ▲ +28.6%
Total plan assets by year, all Southwest Business Corporation plans on file
Year Plans Participants Total Assets
2022 1 2,251 $214M
2023 1 2,329 $253M
2024 1 2,210 $275M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Southwest Business Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Southwest Business Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Southwest Business C…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Southwest Business Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Southwest Business Corporation 401(k) Pr… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southwest Business Corporation 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Southwest Business Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
Southwest Business Corporation 401(k) Profit Sharing Plan grew sharply - up 18.5% during 2023, from $214M to $253M. Reported net income was $40M.
How have Southwest Business Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southwest Business Corporation's sponsor-wide assets grew 28.6%, from $214M to $275M.
Where does Southwest Business Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Southwest Business Corporation 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southwest Business Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Skidmore, Owings & Merrill LLP 401(k) Savings Plan in IL ($253M, 1,017 participants).

Next read for Southwest Business Corporation 401(k) Pr…

Filing takeaways

Ways to act on Southwest Business Corporation 401(k) Profit Sharing Plan's numbers.

  • By total assets, Southwest Business Corporation 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Southwest Business Corporation's sponsor-wide assets have grown 28.6% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 751553739.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.