Defined Benefit (Pension) · DOL Form 5500 · 2023

Southwire Company, LLC Pension Plan

Data updated 2026-08-11

$138M
Total assets
4,370
Participants
93rd
Percentile by assets
$31,575
Avg per participant
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Official DOL plan name: Southwire Company Hourly Pension Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing

$138M in assets, 4,370 participants

Southwire Company, LLC's Southwire Company Hourly Pension Plan reported $138M in total assets and 4,370 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #16,751 in Manufacturing (18,722 peers)

Coverage in Georgia

Southwire Company Hourly Pension Plan covers 4,370 participants in Georgia, 4.0x the typical Georgia plan (state average ~1,096 per filing). Assets: $138M.

$138M
total plan assets (2023 EOY)
4,370
covered participants
93rd
percentile by assets (of 127,072 plans)
$31,575
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southwire Company Hourly Pension Plan reported net income rose from -$41M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Southwire Company Hourly Pension Plan reported participants rose from 3,829 in the plan year 2022 filing to 4,370 in the plan year 2023 filing.
  • Southwire Company Hourly Pension Plan end-of-year assets rose from $122M in the plan year 2022 filing to $138M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Southwire Company Hourly Pension Plan reports 4,370 participants - 4.0x that state average ($138M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$122M
Net Assets (End of Year)$138M
Net Income$16M
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 Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Southwire Company Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Southwire Company Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -505101520 Total assets ($B) Participants Southwire Company Ho…The Southern Company…UPS/Ibt Full-Time Em…UPS Pension PlanCox Enterprises, Inc…Delta Retirement Plan
Southwire Company Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Southwire Company Hourly Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Southwire Company Hourly Pension Plan assets move in 2023?
Southwire Company Hourly Pension Plan grew at a solid clip - up 12.8% during 2023, from $122M to $138M. Reported net income was $16M.
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 Pension Plan rank by assets among Form 5500 filers?
Southwire Company Hourly Pension Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Southwire Company Hourly Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hubbell Pension Plan F/K/a Hubbell Inc. for Collectively Bargained Hourly Employees in CT ($138M, 694 participants).

Next read for Southwire Company Hourly Pension Plan

Filing takeaways

Ways to act on Southwire Company Hourly Pension Plan's numbers.

  • By total assets, Southwire Company Hourly Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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