401(k) · DOL Form 5500 · 2023

Southern States Cooperative, Inc. 401(k) Plan

Data updated 2026-08-11

$222M
Total assets
1,645
Participants
95th
Percentile by assets
$135,005
Avg per participant
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Official DOL plan name: Southern States Retirement Savings Plan · Sponsored by Southern States Cooperative, Inc. · Virginia · Wholesale Trade

$222M in assets, 1,645 participants

Southern States Cooperative, Inc.'s Southern States Retirement Savings Plan reported $222M in total assets and 1,645 participants in its 2023 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 127,072 plans)
  • #6,081 in Wholesale Trade (6,309 peers)

Coverage in Virginia

Southern States Retirement Savings Plan covers 1,645 participants in Virginia, 2.1x the typical Virginia plan (state average ~782 per filing). Assets: $222M.

$222M
total plan assets (2023 EOY)
1,645
covered participants
95th
percentile by assets (of 127,072 plans)
$135,005
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern States Retirement Savings Plan reported net income rose from -$64M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Southern States Retirement Savings Plan reported participants fell from 2,288 in the plan year 2022 filing to 1,645 in the plan year 2023 filing.
  • Southern States Retirement Savings Plan end-of-year assets rose from $212M in the plan year 2022 filing to $222M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Southern States Retirement Savings Plan reports 1,645 participants - 2.1x that state average ($222M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$212M
Net Assets (End of Year)$222M
Net Income$19M
Employer EIN540387200
Plan Effective Date1977-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern States Cooperative, Inc.)

$400M$410M$420M$430M 202220232024 $403M $421M ▲ +4.5%
Total plan assets by year, all Southern States Cooperative, Inc. plans on file
Year Plans Participants Total Assets
2022 2 2,559 $403M
2023 2 1,892 $414M
2024 2 1,845 $421M

Nearby 401(k) Plans in Virginia

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

Southern States Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Southern States Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Southern States Reti…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Southern States Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southern States Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Southern States Retirement Savings Plan assets move in 2023?
Southern States Retirement Savings Plan edged up modestly - up 5.0% during 2023, from $212M to $222M. Reported net income was $19M.
How have Southern States Cooperative, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern States Cooperative, Inc.'s sponsor-wide assets grew 4.5%, from $403M to $421M.
Where does Southern States Retirement Savings Plan rank by assets among Form 5500 filers?
Southern States Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern States Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is British Airways Savings Plan in NY ($222M, 697 participants).

Next read for Southern States Retirement Savings Plan

Filing takeaways

Ways to act on Southern States Retirement Savings Plan's numbers.

  • By total assets, Southern States Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Southern States Cooperative, Inc.'s sponsor-wide assets have grown 4.5% since 2022 across 3 plan years on file. More Wholesale Trade plans