Defined Benefit (Pension) · DOL Form 5500 · 2023

Southco, Inc. Pension Plan

Data updated 2026-08-25

$157M
Total assets Near avg plan size
214
Participants Below avg headcount
94th
Percentile by assets National rank
$734,909
Avg per participant High balance/head
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Official DOL plan name: Pension Plan for Employees of Southco, Inc. · Sponsored by Southco, Inc. · Pennsylvania · Manufacturing

$157M in assets, 214 participants

Southco, Inc.'s Pension Plan for Employees of Southco, Inc. reported $157M in total assets and 214 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,930 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Pension Plan for Employees of Southco, Inc. covers 214 participants in Pennsylvania, about 26% of the average Pennsylvania filer (state average ~822 per filing). Assets: $157M.

#16,930
in Manufacturing (18,722 peers)
+5.7%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Pension Plan for Employees of Southco, Inc.'s outsized position by total assets

Pension Plan for Employees of Southco, Inc. vs every filed plan by assets

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

$157,270,512 Top 6% higher than 94% 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

Pension Plan for Employees of Southco, Inc. among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Employees of Southco, Inc. sits mid-pack in the medium band (214 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan for Employees of Southco, Inc. reported net income rose from -$52M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Pension Plan for Employees of Southco, Inc. end-of-year assets rose from $149M in the plan year 2022 filing to $157M in the plan year 2023 filing.
  • Pension Plan for Employees of Southco, Inc. reported participants fell from 225 in the plan year 2022 filing to 214 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 231287596 · Southco, Inc. PY 2023 · Defined Benefit (Pension)

Pension Plan for Employees of Southco, Inc. · $157M · 214 · 94th

  • BOOK $157M
  • VS-ST 214
  • BOY 94th
  • SCH Defined Benefit (Pension)
  • EBSA near University of Maryland Medical System Corporation Pension Plan
  • PART ind #16930

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 Pennsylvania →

Pension Plan for Employees of Southco, Inc. in the asset neighbourhood

Northern California Plastering Industry Pension PlanNorthern California Plasteri…$158MPension Plan for Employees of Southco, Inc.Pension Plan for Employees o…$157MUniversity of Maryland Medical System Corporation Pension PlanUniversity of Maryland Medic…$157MTeamsters Local 210 Affiliated Pension Trust FundTeamsters Local 210 Affiliat…$157MLocal 91 Pension Fund$157M
End-of-year total assets ($M) among Pension Plan for Employees of Southco, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$149M
Net Assets (End of Year)$157M
Net Income$8M
Employer EIN231287596
Plan Effective Date1958-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Southco, Inc.)

Sponsor-wide plan assets over time

All Southco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$234M 5.608863350767995% vs 2022
2024 filing year
$230M$240M$250M$260M 202220232024 $248M $234M ▼ -5.6%
Year Plans Participants Total Assets
2022 2 781 $248M
2023 2 776 $254M
2024 2 762 $234M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Pension Plan for Employees of Southco, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Employees of Southco, Inc., Total assets ($B): 0.157270512 · Participants: 214Pension Plan for Employees of Southco, Inc.National Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Pension Plan for Employees of Southco, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan for Employees of Southco, Inc. side-by-side with 3 peers →

Pension Plan for Employees of Southco, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is University of Maryland Medical System Corporation Pension Plan in MD ($157M); by covered participants it is Swift Pension Plan in VA (214 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (214 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 Pension Plan for Employees of Southco, Inc. assets move in 2023? ▼
Pension Plan for Employees of Southco, Inc. grew at a solid clip - up 5.7% during 2023, from $149M to $157M. Reported net income was $8M.
How have Southco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southco, Inc.'s sponsor-wide assets declined 5.6%, from $248M to $234M.
Where does Pension Plan for Employees of Southco, Inc. rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of Southco, Inc. ranks in the 94th 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 Pension Plan for Employees of Southco, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is University of Maryland Medical System Corporation Pension Plan in MD ($157M, 1,688 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of Southco, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Swift Pension Plan in VA (214 participants, $226M 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 231287596.

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.