ESOP · DOL Form 5500 · 2023

Southern Software, Inc. ESOP

Data updated 2026-08-25

$31M
Total assets Below avg plan size
83
Participants Small participant base
80th
Percentile by assets National rank
$375,065
Avg per participant High balance/head
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Official DOL plan name: The Southern Software, Inc. Employee Stock Ownership Plan · Sponsored by Southern Software, Inc. · North Carolina · Professional & Technical Services

$31M in assets, 83 participants

Southern Software, Inc.'s The Southern Software, Inc. Employee Stock Ownership Plan reported $31M in total assets and 83 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #16,314 in Professional & Technical Services (20,321 peers)

Where The Southern Software, Inc. Employee Stock Ownership Plan sits by assets

The Southern Software, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $31M for 83 participants (~$375,065/participant), up 44.1% in 2023.

#16,314
in Professional & Technical Services (20,321 peers)
+44.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Southern Software, Inc. Employee Stock Ownership Plan's outsized position by total assets

The Southern Software, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$31,130,400 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Southern Software, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Southern Software, Inc. Employee Stock Ownership Plan is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Southern Software, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • The Southern Software, Inc. Employee Stock Ownership Plan end-of-year assets rose from $22M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • The Southern Software, Inc. Employee Stock Ownership Plan reported participants fell from 84 in the plan year 2022 filing to 83 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 561648911 · Southern Software, Inc. PY 2023 · ESOP

The Southern Software, Inc. Employee Stock Ownership Plan · $31M · 83 · 80th

  • BOOK $31M
  • BOOK 83
  • BOOK 80th
  • BOOK ESOP
  • BOOK near Ryba Marine Construction Co. Employee Stock Ownership Plan
  • BOOK ind #16314

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 What is an ESOP? → · Plans in North Carolina →

The Southern Software, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Burlington Graphics Systems, Inc. Employee Stock Ownership PlanBurlington Graphics Systems,…$31MRyba Marine Construction Co. Employee Stock Ownership PlanRyba Marine Construction Co.…$31MThe Southern Software, Inc. Employee Stock Ownership PlanThe Southern Software, Inc. …$31MRamey's Employee Stock Ownership PlanRamey's Employee Stock Owner…$31MPonce Bank Employee Stock Ownership Plan with 401(k) ProvisionsPonce Bank Employee Stock Ow…$31M
End-of-year total assets ($M) among The Southern Software, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$31M
Net Income$10M
Employer EIN561648911
Plan Effective Date2004-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Software, Inc.)

Sponsor-wide plan assets over time

All Southern Software, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 22.049281884601495% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.6M $26.4M ▲ +22.0%
Year Plans Participants Total Assets
2022 1 84 $22M
2023 1 83 $31M
2024 1 86 $26M

Nearby ESOP Plans in North Carolina

Peer ESOP plans, same state, same plan type, ranked by total assets.

The Southern Software, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150200 Total assets ($M) Participants The Southern Software, Inc. Employee Stock Ownership Plan, Total assets ($M): 31.1304 · Participants: 83The Southern Software, Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
The Southern Software, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare The Southern Software, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

The Southern Software, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Ryba Marine Construction Co. Employee Stock Ownership Plan in MI ($31M); by covered participants it is Stockmens Bank Employee Stock Ownership Plan and Trust in CO (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Southern Software, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
The Southern Software, Inc. Employee Stock Ownership Plan surged - up 44.1% during 2023, from $22M to $31M. Reported net income was $10M.
How have Southern Software, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Software, Inc.'s sponsor-wide assets grew 22.0%, from $22M to $26M.
Where does The Southern Software, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
The Southern Software, Inc. Employee Stock Ownership Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to The Southern Software, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ryba Marine Construction Co. Employee Stock Ownership Plan in MI ($31M, 48 participants).
Which ESOP plans cover a similar participant headcount to The Southern Software, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Stockmens Bank Employee Stock Ownership Plan and Trust in CO (83 participants, $3M in assets).

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 561648911.

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.