Defined Benefit (Pension) · DOL Form 5500 · 2022
Southern Company Services, Inc. Pension Plan
Data updated 2026-08-06
- $14.8B
- Total assets
- 25,663
- Participants
- 100th
- Percentile by assets
- $577,566
- Avg per participant
Official DOL plan name: The Southern Company Pension Plan · Sponsored by Southern Company Services, Inc. · Georgia · Utilities
$14.8B in assets, 25,663 participants
Southern Company Services, Inc.'s The Southern Company Pension Plan reported $14.8B in total assets and 25,663 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.
- 100th percentile by assets (of 139,258 plans)
- #737 in Utilities (739 peers)
Coverage in Georgia
The Southern Company Pension Plan covers 25,663 participants in Georgia, 23x the typical Georgia plan (state average ~1,126 per filing). Assets: $14.8B.
- $14.8B
- total plan assets (2022 EOY)
- 25,663
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $577,566
- avg assets per participant
The plan reported a net loss of $3.2B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,126 participants across 3,470 plans. The Southern Company Pension Plan reports 25,663 participants - 23x that state average ($14.8B EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $18.0B |
|---|---|
| Net Assets (End of Year) | $14.6B |
| Net Income | -$3.2B |
| Employer EIN | 630274273 |
| Plan Effective Date | 1949-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Company Services, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 52,724 | $22.6B |
| 2023 | 2 | 52,790 | $24.0B |
| 2024 | 2 | 53,645 | $24.6B |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
The Southern Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
- UPS Retirement Plan $22.0B · 52,821
- UPS/Ibt Full-Time Employee Pension Plan $11.9B · 68,592
- UPS Pension Plan $9.6B · 151,682
- Delta Retirement Plan $7.4B · 15,951
- Cox Enterprises, Inc. Pension Plan $7.1B · 26,075
Scale composition for The Southern Company Pension Plan
The Southern Company Pension Plan reports $14.8B in end-of-year assets across 25,663 participants (0.13% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.029% of 89,805,449 covered participants) - about $577,566 per participant (4.2x the national average assets-per-participant) . Net income for plan year 2022 was -$3.2B.
This plan identity (EIN 630274273, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.8B to $15.3B (+3.4%) while covered participants moved from 25,663 to 25,843 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,663 | $14.8B | This page |
| 2023 | 25,241 | $15.6B | Open filing |
| 2024 · index core | 25,843 | $15.3B | 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to The Southern Company Pension Plan by total assets, not by location.
- JPMorgan Chase Retirement Plan (NJ) $14.8B · 102,340
- Shell Pension Plan (TX) $14.6B · 12,912
- Nokia Retirement Income Plan (NJ) $14.5B · 7,413
- 3M Employee Retirement Income Plan (MN) $14.0B · 12,160
Frequently Asked Questions
How did The Southern Company Pension Plan assets move in 2022? ▼
How have Southern Company Services, Inc. plan assets changed over time? ▼
Where does The Southern Company Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to The Southern Company Pension Plan? ▼
Next read for The Southern Company Pension Plan
Filing takeaways
Ways to act on The Southern Company Pension Plan's numbers.
- By total assets, The Southern Company Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Georgia. Compare plans
- Southern Company Services, Inc.'s sponsor-wide assets have grown 9.0% since 2022 across 3 plan years on file. More Utilities plans