401(k) · DOL Form 5500 · 2022

Southwire Company, LLC 401(k) Plan

Data updated 2026-08-11

$187M
Total assets
4,945
Participants
95th
Percentile by assets
$37,821
Avg per participant
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Official DOL plan name: Southwire Company Hourly 401(k) Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing

$187M in assets, 4,945 participants

Southwire Company, LLC's Southwire Company Hourly 401(k) Plan reported $187M in total assets and 4,945 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #19,109 in Manufacturing (20,602 peers)

Coverage in Georgia

Southwire Company Hourly 401(k) Plan covers 4,945 participants in Georgia, 4.5x the typical Georgia plan (state average ~1,096 per filing). Assets: $187M.

$187M
total plan assets (2022 EOY)
4,945
covered participants
95th
percentile by assets (of 139,126 plans)
$37,821
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Southwire Company Hourly 401(k) Plan reports 4,945 participants - 4.5x that state average ($187M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$220M
Net Assets (End of Year)$187M
Net Income-$24M
Employer EIN582020515
Plan Effective Date1955-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwire Company, LLC)

$600M$700M$800M$900M$1,000M 202220232024 $674M $901M ▲ +33.8%
Total plan assets by year, all Southwire Company, LLC plans on file
Year Plans Participants Total Assets
2022 4 10,714 $674M
2023 5 12,425 $809M
2024 3 13,318 $901M

Nearby 401(k) Plans in Georgia

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

Southwire Company Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Southwire Company Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Southwire Company Ho…The Teamster-UPS Nat…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401 (K) Savings …The Home Depot Futur…
Southwire Company Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southwire Company Hourly 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Southwire Company Hourly 401(k) Plan assets move in 2022?
Southwire Company Hourly 401(k) Plan pulled back noticeably - down 14.9% during 2022, from $220M to $187M. Reported net income was -$24M.
How have Southwire Company, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Southwire Company, LLC's sponsor-wide assets grew 33.8%, from $674M to $901M.
Where does Southwire Company Hourly 401(k) Plan rank by assets among Form 5500 filers?
Southwire Company Hourly 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southwire Company Hourly 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Nascar Employee 401 (K) Savings Plan in FL ($187M, 7,896 participants).

Next read for Southwire Company Hourly 401(k) Plan

Filing takeaways

Ways to act on Southwire Company Hourly 401(k) Plan's numbers.