Defined Benefit (Pension) · DOL Form 5500 · 2023
Southern Company Services, Inc. Pension Plan
Data updated 2026-08-25
- $15.6B
- Total assets Mega-plan scale
- 25,241
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $617,921
- Avg per participant High balance/head
Official DOL plan name: The Southern Company Pension Plan · Sponsored by Southern Company Services, Inc. · Georgia · Utilities
$15.6B in assets, 25,241 participants
Southern Company Services, Inc.'s The Southern Company Pension Plan reported $15.6B in total assets and 25,241 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #718 in Utilities (721 peers)
Coverage in Georgia
The Southern Company Pension Plan covers 25,241 participants in Georgia, 23x the typical Georgia plan (state average ~1,096 per filing). Assets: $15.6B.
- #718
- in Utilities (721 peers)
- +5.2%
- assets growth YoY
- 156×
- vs typical plan assets (national mean)
The Southern Company Pension Plan's outsized position by total assets
The Southern Company Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$15,596,954,837 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Southern Company Pension Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Southern Company Pension Plan is a mega filing (25,241 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Southern Company Pension Plan reported net income rose from -$3.2B in the plan year 2022 filing to $500M in the plan year 2023 filing.
- The Southern Company Pension Plan end-of-year assets rose from $14.8B in the plan year 2022 filing to $15.6B in the plan year 2023 filing.
- The Southern Company Pension Plan reported participants fell from 25,663 in the plan year 2022 filing to 25,241 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 630274273 · Southern Company Services, Inc. PY 2023 · Defined Benefit (Pension)
The Southern Company Pension Plan · $15.6B · 25,241 · 100th
- BOY $15.6B
- BOY 25,241
- BOY 100th
- BOY Defined Benefit (Pension)
- BOY near Shell Pension Plan
- BOY ind #718
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 Utilities retirement plans → · Plans in Georgia →
The Southern Company Pension Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $14.8B |
|---|---|
| Net Assets (End of Year) | $15.1B |
| Net Income | $500M |
| Employer EIN | 630274273 |
| Plan Effective Date | 1949-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Company Services, Inc.)
Sponsor-wide plan assets over time
All Southern Company Services, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $24.6B 8.983727652128922% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 52,724 | $22.6B |
| 2023 | 2 | 52,790 | $24.0B |
| 2024 | 2 | 53,645 | $24.6B |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- UPS/Ibt Full-Time Employee Pension Plan $12.3B · 70,241
- UPS Pension Plan $9.7B · 153,217
- Cox Enterprises, Inc. Pension Plan $7.4B · 24,023
- Delta Retirement Plan $7.3B · 15,601
- Ufcw Consolidated Pension Fund $5.5B · 191,597
Scale composition for The Southern Company Pension Plan
The Southern Company Pension Plan reports $15.6B in end-of-year assets across 25,241 participants (0.13% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.027% of 93,925,755 covered participants) - about $617,921 per participant (4.5x the national average assets-per-participant) . Net income for plan year 2023 was $500M.
This plan identity (EIN 630274273, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.8B to $15.3B (+3.4%) while covered participants moved from 25,663 to 25,843 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 25,663 | $14.8B | Open filing |
| 2023 | 25,241 | $15.6B | This page |
| 2024 · index core | 25,843 | $15.3B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Southern Company Pension Plan (Defined Benefit (Pension), $15.3B, 25,843 participants)
- The Southern Company Employee Savings Plan (401(k), $9.3B, 27,802 participants)
The Southern Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Georgia, the nearest Defined Benefit (Pension) by assets is Shell Pension Plan in TX ($15.1B); by covered participants it is Merck US Pension Plan in NJ (25,223 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15.6B here).
- Shell Pension Plan (TX) $15.1B · 12,215
- 1199seiu Health Care Employees Pension Fund (NY) $16.2B · 107,582
- Consolidated Edison Retirement Plan (NY) $16.2B · 10,779
- JPMorgan Chase Retirement Plan (NJ) $16.3B · 90,644
Similar participant headcount
Nearest other-state filings by covered participants (25,241 participants); asset peers above are excluded.
- Merck US Pension Plan (NJ) 25,223 · 18 off
- The Continental Retirement Plan (TX) 25,492 · 251 off
- The Travelers Pension Plan (MN) 24,884 · 357 off
- Pacific Gas and Electric Company Retirement Plan (CA) 25,647 · 406 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.