401(k) · DOL Form 5500 · 2023

Southern Motion, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
1,366
Participants Near avg headcount
52nd
Percentile by assets National rank
$5,332
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Southern Motion, Inc. 401(k) Plan · Sponsored by Southern Motion, Inc. · Mississippi · Manufacturing

$7M in assets, 1,366 participants

Southern Motion, Inc.'s Southern Motion, Inc. 401(k) Plan reported $7M in total assets and 1,366 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,799 in Manufacturing (18,722 peers)

Coverage in Mississippi

Southern Motion, Inc. 401(k) Plan covers 1,366 participants in Mississippi, 3.7x the typical Mississippi plan (state average ~366 per filing). Assets: $7M.

#6,799
in Manufacturing (18,722 peers)
+7.4%
assets growth YoY

Southern Motion, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Southern Motion, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$7,283,740 Top 48% higher than 52% 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

Southern Motion, Inc. 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. Southern Motion, Inc. 401(k) Plan lands in the large band (1,366 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Motion, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $501K in the plan year 2023 filing.
  • Southern Motion, Inc. 401(k) Plan reported participants fell from 2,040 in the plan year 2022 filing to 1,366 in the plan year 2023 filing.
  • Southern Motion, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 640878218 · Southern Motion, Inc. PY 2023 · 401(k)

Southern Motion, Inc. 401(k) Plan · $7M · 1,366 · 52nd

  • 5500 $7M
  • ASSETS 1,366
  • PCT 52nd
  • EIN 401(k)
  • RANK near Re Investments 401(k) Plan
  • PHOTO ind #6799

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 Mississippi →

Southern Motion, Inc. 401(k) Plan in the asset neighbourhood

Southern Motion, Inc. 401(k) PlanSouthern Motion, Inc. 401(k)…$7MRe Investments 401(k) Plan$7MRadix Wire & Cable, LLC 401(k) PlanRadix Wire & Cable, LLC 401(…$7MAmlt Holding, Inc. 401(k) PlanAmlt Holding, Inc. 401(k) Pl…$7MMiller Bros. Electrical Contractors 401(k) PlanMiller Bros. Electrical Cont…$7M
End-of-year total assets ($M) among Southern Motion, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mississippi filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income$501K
Employer EIN640878218
Plan Effective Date2002-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Motion, Inc.)

Sponsor-wide plan assets over time

All Southern Motion, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 10.867223819561607% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M 202220232024 $6.78M $7.52M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 2,040 $7M
2023 1 1,366 $7M
2024 1 1,445 $8M

Nearby 401(k) Plans in Mississippi

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

Southern Motion, Inc. 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Southern Motion, Inc. 401(k) Plan, Total assets ($M): 7.28374 · Participants: 1366Southern Motion, Inc. 401(k) PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) Plan
Southern Motion, Inc. 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Motion, Inc. 401(k) Plan side-by-side with 3 peers →

Southern Motion, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Re Investments 401(k) Plan in MT ($7M); by covered participants it is New Mexico Electricians Retirement Benefit Fund in NM (1,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,366 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 Southern Motion, Inc. 401(k) Plan assets move in 2023? ▼
Southern Motion, Inc. 401(k) Plan grew at a solid clip - up 7.4% during 2023, from $7M to $7M. Reported net income was $501K.
How have Southern Motion, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Motion, Inc.'s sponsor-wide assets grew 10.9%, from $7M to $8M.
Which 401(k) plans are similar in size to Southern Motion, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Re Investments 401(k) Plan in MT ($7M, 326 participants).
Which 401(k) plans cover a similar participant headcount to Southern Motion, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is New Mexico Electricians Retirement Benefit Fund in NM (1,366 participants, $215M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 640878218.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.