South Plains Implement 401(k) match, vesting and fees
What South Plains Implement's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Nationwide | Schedule C ↗ |
| Independent auditor | Equipment Dealer Consulting, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 1,080 defined-contribution plans in retail trade with 100 to 499 participants.
| South Plains Implement: employer contribution per participant | $2,644 | |
| Peer median | $1,247 |
| South Plains Implement: average balance | $120,647 | |
| Peer median | $56,979 |
| South Plains Implement: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $24M at the end of plan year 2021 to $41.6M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 382 | $41.6M | $912K | $2,644 | 0.20% | Not published | Form 5500 ↗ |
| 2024 | 388 | $34.4M | $912K | $2,673 | 0.16% | Not published | Form 5500 ↗ |
| 2023 | 438 | $28.9M | $914K | $2,538 | 0.30% | Not published | Form 5500 ↗ |
| 2022 | 366 | $20.1M | $602K | $2,520 | 0.08% | Not published | Form 5500 ↗ |
| 2021 | 277 | $24M | $619K | $2,538 | 0.07% | Not published | Form 5500 ↗ |
Common questions
Does South Plains Implement match 401(k) contributions?
The match terms for the South Plains Implement, Ltd 401k Plan have not been published from its filing yet. The plan year 2025 filing reports $912K in employer contributions, about $2,644 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the South Plains Implement 401(k) match vested?
The vesting schedule for the South Plains Implement, Ltd 401k Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the South Plains Implement 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Nationwide. The plan administrator is South Plains Implement, Ltd.
I left South Plains Implement. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (South Plains Implement, Ltd, (913) 648-5526) or the recordkeeper, Nationwide. The South Plains Implement old 401(k) page lists the contacts from every plan filing. Find an old South Plains Implement 401(k)
Data from the public Form 5500 annual reports South Plains Implement filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with South Plains Implement. Not financial advice. Report a correction · Methodology