401(k) · DOL Form 5500 · 2024

Southern Air Inc. 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
743
Participants Near avg headcount
88th
Percentile by assets National rank
$94,427
Avg per participant Below avg balance/head
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Official DOL plan name: Southern Air, Inc. Cash or Deferred Profit Sharing Plan · Sponsored by Southern Air Inc. · Virginia · Construction

$70M in assets, 743 participants

Southern Air Inc.'s Southern Air, Inc. Cash or Deferred Profit Sharing Plan reported $70M in total assets and 743 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,742 in Construction (9,039 peers)

Where Southern Air, Inc. Cash or Deferred Profit Sharing Plan sits by assets

Southern Air, Inc. Cash or Deferred Profit Sharing Plan sits in the top quartile of all filed plans by assets, $70M for 743 participants (~$94,427/participant), up 13.1% in 2024.

#7,742
in Construction (9,039 peers)
+13.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Southern Air, Inc. Cash or Deferred Profit Sharing Plan's outsized position by total assets

Southern Air, Inc. Cash or Deferred Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$70,159,226 Top 12% higher than 88% of 123,620 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 2024

Southern Air, Inc. Cash or Deferred Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Air, Inc. Cash or Deferred Profit Sharing Plan sits mid-pack in the medium band (743 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Air, Inc. Cash or Deferred Profit Sharing Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Southern Air, Inc. Cash or Deferred Profit Sharing Plan end-of-year assets rose from $62M in the plan year 2023 filing to $70M in the plan year 2024 filing.
  • Southern Air, Inc. Cash or Deferred Profit Sharing Plan reported participants fell from 766 in the plan year 2023 filing to 743 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 540604377 · Southern Air Inc. PY 2024 · 401(k)

Southern Air, Inc. Cash or Deferred Profit Sharing Plan · $70M · 743 · 88th

  • RANK $70M
  • RANK 743
  • RANK 88th
  • RANK 401(k)
  • RANK near Encompass Digital Media 401(k) Plan
  • RANK ind #7742

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 Virginia →

Southern Air, Inc. Cash or Deferred Profit Sharing Plan in the asset neighbourhood

Southern Air, Inc. Cash or Deferred Profit Sharing PlanSouthern Air, Inc. Cash or D…$70MEncompass Digital Media 401(k) PlanEncompass Digital Media 401(…$70MKls Martin L.P. 401(k) Salary Reduction Plan & TrustKls Martin L.P. 401(k) Salar…$70MContitech USA, Inc. Bargaining Unit Employees Retirement PlanContitech USA, Inc. Bargaini…$70MAbelson-Taylor, Inc. Profit Sharing PlanAbelson-Taylor, Inc. Profit …$70M
End-of-year total assets ($M) among Southern Air, Inc. Cash or Deferred Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$70M
Net Income$8M
Employer EIN540604377
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Air Inc.)

Sponsor-wide plan assets over time

All Southern Air Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$111M 39.811914694474% vs 2022
2024 filing year
$70M$80M$90M$100M$110M$120M 202220232024 $79.4M $111M ▲ +39.8%
Year Plans Participants Total Assets
2022 2 1,285 $79M
2023 2 1,353 $94M
2024 2 1,355 $111M

Nearby 401(k) Plans in Virginia

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

Southern Air, Inc. Cash or Deferred Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Southern Air, Inc. Cash or Deferred Profit Sharing Plan, Total assets ($B): 0.070159226 · Participants: 743Southern Air, Inc. Cash or Deferred Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Southern Air, Inc. Cash or Deferred Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Southern Air, Inc. Cash or Deferred Profit Sharing Plan side-by-side with 3 peers →

Southern Air, Inc. Cash or Deferred Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Encompass Digital Media 401(k) Plan in GA ($70M); by covered participants it is Southwest Power Pool 401(k) Savings Plan in AR (743 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (743 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Air, Inc. Cash or Deferred Profit Sharing Plan assets move in 2024? ▼
Southern Air, Inc. Cash or Deferred Profit Sharing Plan grew at a solid clip - up 13.1% during 2024, from $62M to $70M. Reported net income was $8M.
How have Southern Air Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Air Inc.'s sponsor-wide assets grew 39.8%, from $79M to $111M.
Where does Southern Air, Inc. Cash or Deferred Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Southern Air, Inc. Cash or Deferred Profit Sharing Plan ranks in the 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Air, Inc. Cash or Deferred Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Encompass Digital Media 401(k) Plan in GA ($70M, 559 participants).
Which 401(k) plans cover a similar participant headcount to Southern Air, Inc. Cash or Deferred Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southwest Power Pool 401(k) Savings Plan in AR (743 participants, $225M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540604377.

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.