401(k) · DOL Form 5500 · 2023
Southwire Company, LLC 401(k) Plan
Data updated 2026-08-11
- $222M
- Total assets
- 5,863
- Participants
- 95th
- Percentile by assets
- $37,780
- Avg per participant
Official DOL plan name: Southwire Company Hourly 401(k) Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing
$222M in assets, 5,863 participants
Southwire Company, LLC's Southwire Company Hourly 401(k) Plan reported $222M in total assets and 5,863 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)
- #17,285 in Manufacturing (18,722 peers)
Coverage in Georgia
Southwire Company Hourly 401(k) Plan covers 5,863 participants in Georgia, 5.3x the typical Georgia plan (state average ~1,096 per filing). Assets: $222M.
- $222M
- total plan assets (2023 EOY)
- 5,863
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $37,780
- avg assets per participant
Where Southwire Company Hourly 401(k) Plan sits by total assets
Southwire Company Hourly 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$221,504,811 Top 5% higher than 95% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Southwire Company Hourly 401(k) Plan reported net income rose from -$24M in the plan year 2022 filing to $38M in the plan year 2023 filing.
- Southwire Company Hourly 401(k) Plan reported participants rose from 4,945 in the plan year 2022 filing to 5,863 in the plan year 2023 filing.
- Southwire Company Hourly 401(k) Plan end-of-year assets rose from $187M in the plan year 2022 filing to $222M in the plan year 2023 filing.
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 5,863 participants - 5.3x that state average ($222M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $187M |
|---|---|
| Net Assets (End of Year) | $222M |
| Net Income | $38M |
| Employer EIN | 582020515 |
| Plan Effective Date | 1955-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southwire Company, LLC)
| 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
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- Delta 401(k) Retirement Plan $16.2B · 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
- UPS 401(k) Savings Plan $13.1B · 102,231
- The Home Depot Futurebuilder $12.6B · 413,365
Scale composition for Southwire Company Hourly 401(k) Plan
Southwire Company Hourly 401(k) Plan reports $222M in end-of-year assets across 5,863 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $37,780 per participant (27% of the national average assets-per-participant) . Net income for plan year 2023 was $38M.
This plan identity (EIN 582020515, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $187M to $250M (+33.8%) while covered participants moved from 4,945 to 5,810 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,945 | $187M | Open filing |
| 2023 | 5,863 | $222M | This page |
| 2024 · index core | 5,810 | $250M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Southwire Company Salaried 401(k) Plan (401(k), $506M, 2,364 participants)
- Southwire Company Hourly 401(k) Plan (401(k), $250M, 5,810 participants)
- Southwire Company Hourly Pension Plan (Defined Benefit (Pension), $145M, 5,144 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.
- Inland Empire IBEW-NECA Defined Contribution Plan (PA) $222M · 6,400
- Guthrie 401(k) Retirement Savings Plan (PA) $222M · 51
- Resideo Technologies, Inc. 401(k) Plan (AZ) $221M · 3,658
- Ziff Davis, Inc. Retirement Savings Plan (NY) $221M · 2,097
Frequently Asked Questions
How did Southwire Company Hourly 401(k) Plan assets move in 2023? ▼
How have Southwire Company, LLC plan assets changed over time? ▼
Where does Southwire Company Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Southwire Company Hourly 401(k) Plan? ▼
Next read for Southwire Company Hourly 401(k) Plan
Filing takeaways
Ways to act on Southwire Company Hourly 401(k) Plan's numbers.
- By total assets, Southwire Company Hourly 401(k) 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 Georgia. Compare plans
- Southwire Company, LLC's sponsor-wide assets have grown 33.8% since 2022 across 3 plan years on file. More Manufacturing plans