401(k) · DOL Form 5500 · 2022
Southern Company Services, Inc. 401(k) Plan
Data updated 2026-08-25
- $7.8B
- Total assets Very large vs avg
- 27,061
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $287,049
- Avg per participant High balance/head
Official DOL plan name: The Southern Company Employee Savings Plan · Sponsored by Southern Company Services, Inc. · Georgia · Utilities
$7.8B in assets, 27,061 participants
Southern Company Services, Inc.'s The Southern Company Employee Savings Plan reported $7.8B in total assets and 27,061 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #732 in Utilities (738 peers)
Coverage in Georgia
The Southern Company Employee Savings Plan covers 27,061 participants in Georgia, 25x the typical Georgia plan (state average ~1,096 per filing). Assets: $7.8B.
- #732
- in Utilities (738 peers)
- -10.9%
- assets change YoY
- 78×
- vs typical plan assets (national mean)
The plan reported a net loss of $947M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Southern Company Employee Savings Plan's outsized position by total assets
The Southern Company Employee Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$7,767,823,982 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Southern Company Employee Savings Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Southern Company Employee Savings Plan is a mega filing (27,061 participants), the rightmost band on the breakdown.
Published 5500 schedule card
Filing strip 630274273 · Southern Company Services, Inc. PY 2022 · 401(k)
The Southern Company Employee Savings Plan · $7.8B · 27,061 · 100th
- SCH $7.8B
- EBSA 27,061
- PART 100th
- TYPE 401(k)
- NET near The Cargill Partnership Plan
- BOOK ind #732
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Georgia →
The Southern Company Employee Savings Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $8.7B |
|---|---|
| Net Assets (End of Year) | $7.8B |
| Net Income | -$947M |
| Employer EIN | 630274273 |
| Plan Effective Date | 1976-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Company Services, Inc.)
Sponsor-wide plan assets over time
All Southern Company Services, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $24.6B 8.983727652128922% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 52,724 | $22.6B |
| 2023 | 2 | 52,790 | $24.0B |
| 2024 | 2 | 53,645 | $24.6B |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster-UPS National 401(k) Tax Deferred Savings Plan $14.7B · 549,610
- Delta 401(k) Retirement Plan $13.2B · 72,820
- Delta 401(k) Retirement Plan for Pilots $11.5B · 12,193
- UPS 401 (K) Savings Plan $11.3B · 107,310
- The Home Depot Futurebuilder $10.7B · 423,174
Scale composition for The Southern Company Employee Savings Plan
The Southern Company Employee Savings Plan reports $7.8B in end-of-year assets across 27,061 participants (0.063% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.029% of 93,925,755 covered participants) - about $287,049 per participant (2.1x the national average assets-per-participant) . Net income for plan year 2022 was -$947M.
This plan identity (EIN 630274273, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $9.3B (+19.7%) while covered participants moved from 27,061 to 27,802 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 27,061 | $7.8B | This page |
| 2023 | 27,549 | $8.4B | Open filing |
| 2024 · index core | 27,802 | $9.3B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Southern Company Pension Plan (Defined Benefit (Pension), $15.3B, 25,843 participants)
- The Southern Company Employee Savings Plan (401(k), $9.3B, 27,802 participants)
The Southern Company Employee Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Georgia, the nearest 401(k) by assets is The Cargill Partnership Plan in MN ($7.7B); by covered participants it is Quanta Services, Inc. 401(k) Savings Plan in TX (27,082 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.8B here).
- The Cargill Partnership Plan (MN) $7.7B · 27,564
- The Bank of New York Mellon Corporation 401(k) Savings Plan (PA) $7.8B · 25,071
- Siemens Savings Plan (NJ) $7.6B · 26,048
- The Progressive 401(k) Plan (OH) $7.6B · 50,299
Similar participant headcount
Nearest other-state filings by covered participants (27,061 participants); asset peers above are excluded.
- Quanta Services, Inc. 401(k) Savings Plan (TX) 27,082 · 21 off
- US Foods 401(k) Plan (IL) 27,026 · 35 off
- Maximus, Inc. 401(k) Plan (VA) 26,997 · 64 off
- Entertainment Industry 401(k) Plan (CA) 26,960 · 101 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.