401(k) · DOL Form 5500 · 2023

Southern Electric Corporation of Mississippi 401(k) Plan

Data updated 2026-08-25

$8K
Total assets Small plan by assets
763
Participants Near avg headcount
1st
Percentile by assets National rank
$10
Avg per participant Low balance/head
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Official DOL plan name: Southern Electric Corporation 401(k) Profit Sharing Plan · Sponsored by Southern Electric Corporation of Mississippi · Mississippi · Construction

$8K in assets, 763 participants

Southern Electric Corporation of Mississippi's Southern Electric Corporation 401(k) Profit Sharing Plan reported $8K in total assets and 763 participants in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #105 in Construction (9,030 peers)

Coverage in Mississippi

Southern Electric Corporation 401(k) Profit Sharing Plan covers 763 participants in Mississippi, 2.1x the typical Mississippi plan (state average ~366 per filing). Assets: $8K.

#105
in Construction (9,030 peers)
-99.8%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Electric Corporation 401(k) Profit Sharing Plan among the smaller filed plans by assets

Southern Electric Corporation 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,734 1st percentile higher than 1% 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 Electric Corporation 401(k) Profit Sharing Plan 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. Southern Electric Corporation 401(k) Profit Sharing Plan sits mid-pack in the medium band (763 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Electric Corporation 401(k) Profit Sharing Plan reported net income fell from -$492K in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Southern Electric Corporation 401(k) Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2022 filing to $8K in the plan year 2023 filing.
  • Southern Electric Corporation 401(k) Profit Sharing Plan reported participants rose from 548 in the plan year 2022 filing to 763 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 640732376 · Southern Electric Corporation of Mississippi PY 2023 · 401(k)

Southern Electric Corporation 401(k) Profit Sharing Plan · $8K · 763 · 1st

  • TYPE $8K
  • NET 763
  • BOOK 1st
  • VS-ST 401(k)
  • BOY near Jdb Strong, Inc. 401(k) Profit Sharing Plan
  • SCH ind #105

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 Construction retirement plans → · Plans in Mississippi →

Southern Electric Corporation 401(k) Profit Sharing Plan in the asset neighbourhood

Southern Electric Corporation 401(k) Profit Sharing PlanSouthern Electric Corporatio…$8KJdb Strong, Inc. 401(k) Profit Sharing PlanJdb Strong, Inc. 401(k) Prof…$8KFire Engine Pizza Company LLC 401(k) Profit Sharing Plan & TrustFire Engine Pizza Company LL…$8KSes Employee Stock Ownership 401(k) PlanSes Employee Stock Ownership…$8KSymphion, Inc. 401(k) Plan$8K
End-of-year total assets ($M) among Southern Electric Corporation 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mississippi filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$8K
Net Income-$4M
Employer EIN640732376
Plan Effective Date1993-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Electric Corporation of Mississippi)

Sponsor-wide plan assets over time

All Southern Electric Corporation of Mississippi plans reported in each filing year

Latest sponsor-wide plan assets
$8K 99.80678032666967% vs 2022
2023 filing year
$0M$2M$4M$6M 20222023 $4M $0.01M ▼ -99.8%
Year Plans Participants Total Assets
2022 1 548 $4M
2023 1 763 $8K

Nearby 401(k) Plans in Mississippi

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

Southern Electric Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Southern Electric Corporation 401(k) Profit Sharing Plan, Total assets ($M): 0.007734 · Participants: 763Southern Electric Corporation 401(k) Profit Sharing 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 Electric Corporation 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Electric Corporation 401(k) Profit Sharing Plan side-by-side with 3 peers →

Southern Electric Corporation 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Jdb Strong, Inc. 401(k) Profit Sharing Plan in UT ($8K); by covered participants it is Police and Fire Federal Credit Union Employees Retirement Plan in PA (763 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (763 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 Electric Corporation 401(k) Profit Sharing Plan assets move in 2023? ▼
Southern Electric Corporation 401(k) Profit Sharing Plan contracted severely - down 99.8% during 2023, from $4M to $8K. Reported net income was -$4M.
How have Southern Electric Corporation of Mississippi plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Southern Electric Corporation of Mississippi's sponsor-wide assets declined 99.8%, from $4M to $8K.
Where does Southern Electric Corporation 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Southern Electric Corporation 401(k) Profit Sharing Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Southern Electric Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jdb Strong, Inc. 401(k) Profit Sharing Plan in UT ($8K, 3 participants).
Which 401(k) plans cover a similar participant headcount to Southern Electric Corporation 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Police and Fire Federal Credit Union Employees Retirement Plan in PA (763 participants, $90M 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 640732376.

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.