401(k) · DOL Form 5500 · 2023

Southwire Company, LLC 401(k) Plan

Data updated 2026-08-25

$222M
Total assets Near avg plan size
5,863
Participants Above avg headcount
95th
Percentile by assets National rank
$37,780
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,285
in Manufacturing (18,722 peers)
+18.4%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Southwire Company Hourly 401(k) Plan's outsized position 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

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

Southwire Company Hourly 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwire Company Hourly 401(k) Plan lands in the large band (5,863 participants).

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 582020515 · Southwire Company, LLC PY 2023 · 401(k)

Southwire Company Hourly 401(k) Plan · $222M · 5,863 · 95th

  • TYPE $222M
  • NET 5,863
  • BOOK 95th
  • VS-ST 401(k)
  • BOY near Inland Empire IBEW-NECA Defined Contribution Plan
  • SCH ind #17285

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 Manufacturing retirement plans → · Plans in Georgia →

Southwire Company Hourly 401(k) Plan in the asset neighbourhood

Guthrie 401(k) Retirement Savings PlanGuthrie 401(k) Retirement Sa…$222MInland Empire IBEW-NECA Defined Contribution PlanInland Empire IBEW-NECA Defi…$222MSouthwire Company Hourly 401(k) PlanSouthwire Company Hourly 401…$222MResideo Technologies, Inc. 401(k) PlanResideo Technologies, Inc. 4…$221MZiff Davis, Inc. Retirement Savings PlanZiff Davis, Inc. Retirement …$221M
End-of-year total assets ($M) among Southwire Company Hourly 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$187M
Net Assets (End of Year)$222M
Net Income$38M
Employer EIN582020515
Plan Effective Date1955-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwire Company, LLC)

Sponsor-wide plan assets over time

All Southwire Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$901M 33.765737034926765% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $674M $901M ▲ +33.8%
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 Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Southwire Company Hourly 401(k) Plan, Total assets ($B): 0.221504811 · Participants: 5863Southwire Company Hourly 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Southwire Company Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

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 Hourly 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Inland Empire IBEW-NECA Defined Contribution Plan in PA ($222M); by covered participants it is Usg Corporation Investment Plan in IL (5,865 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($222M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,863 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 Southwire Company Hourly 401(k) Plan assets move in 2023? ▼
Southwire Company Hourly 401(k) Plan grew sharply - up 18.4% during 2023, from $187M to $222M. Reported net income was $38M.
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 Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Southwire Company Hourly 401(k) 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 Southwire Company Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Inland Empire IBEW-NECA Defined Contribution Plan in PA ($222M, 6,400 participants).
Which 401(k) plans cover a similar participant headcount to Southwire Company Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Usg Corporation Investment Plan in IL (5,865 participants, $889M in assets).