401(k) · DOL Form 5500 · 2023

Southwire Company, LLC 401(k) Plan

Data updated 2026-08-11

$447M
Total assets
2,169
Participants
97th
Percentile by assets
$206,314
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Southwire Company Salaried 401(k) Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing

$447M in assets, 2,169 participants

Southwire Company, LLC's Southwire Company Salaried 401(k) Plan reported $447M in total assets and 2,169 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,871 in Manufacturing (18,722 peers)

Where Southwire Company Salaried 401(k) Plan sits by assets

Southwire Company Salaried 401(k) Plan sits in the top 5% of all filed plans by assets, $447M for 2,169 participants (~$206,314/participant), up 24.0% in 2023.

$447M
total plan assets (2023 EOY)
2,169
covered participants
97th
percentile by assets (of 127,072 plans)
$206,314
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southwire Company Salaried 401(k) Plan reported net income rose from -$49M in the plan year 2022 filing to $83M in the plan year 2023 filing.
  • Southwire Company Salaried 401(k) Plan end-of-year assets rose from $361M in the plan year 2022 filing to $447M in the plan year 2023 filing.
  • Southwire Company Salaried 401(k) Plan reported participants rose from 1,833 in the plan year 2022 filing to 2,169 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Southwire Company Salaried 401(k) Plan vs the 2023 asset distribution

By assets, Southwire Company Salaried 401(k) Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$361M
Net Assets (End of Year)$447M
Net Income$83M
Employer EIN582020515
Plan Effective Date2002-01-01
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 Salaried 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Southwire Company Salaried 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 Sa…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Southwire Company Salaried 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 Salaried 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Southwire Company Salaried 401(k) Plan assets move in 2023?
Southwire Company Salaried 401(k) Plan grew sharply - up 24.0% during 2023, from $361M to $447M. Reported net income was $83M.
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 Salaried 401(k) Plan rank by assets among Form 5500 filers?
Southwire Company Salaried 401(k) Plan ranks in the 97th 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 Southwire Company Salaried 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Albany International Corp. Prosperity Plus Savings Plan in NH ($448M, 1,784 participants).

Next read for Southwire Company Salaried 401(k) Plan

Scale reading

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