ESOP · DOL Form 5500 · 2022

Southern Services, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
71
Participants Small participant base
45th
Percentile by assets National rank
$54,588
Avg per participant Low balance/head
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Official DOL plan name: Southern Services, Inc. Employee Stock Ownership Plan · Sponsored by Southern Services, Inc. · Texas · Other Services

$4M in assets, 71 participants

Southern Services, Inc.'s Southern Services, Inc. Employee Stock Ownership Plan reported $4M in total assets and 71 participants in its 2022 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,530 in Other Services (8,398 peers)

Other Services sector rank

Within Other Services, Southern Services, Inc. Employee Stock Ownership Plan ranks #5,530 of 8,398 2022 filers by assets (518% of the sector average)-$4M for 71 participants.

#5,530
in Other Services (8,398 peers)
-28.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Services, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Other Services and all filers

Southern Services, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$3,875,782 45th percentile higher than 45% of 139,123 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 2022

Southern Services, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Services, Inc. Employee Stock Ownership Plan is a small filing (71 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 760124990 · Southern Services, Inc. PY 2022 · ESOP

Southern Services, Inc. Employee Stock Ownership Plan · $4M · 71 · 45th

  • NET $4M
  • BOOK 71
  • VS-ST 45th
  • BOY ESOP
  • SCH near Progressive Bancorp, Inc. Employee Stock Ownership Plan
  • EBSA ind #5530

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 What is an ESOP? → · Plans in Texas →

Southern Services, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Saw Ventures, Inc. Employee Stock Ownership PlanSaw Ventures, Inc. Employee …$4MLester R. Summers, Inc. Employee Stock Ownership PlanLester R. Summers, Inc. Empl…$4MSouthern Services, Inc. Employee Stock Ownership PlanSouthern Services, Inc. Empl…$4MProgressive Bancorp, Inc. Employee Stock Ownership PlanProgressive Bancorp, Inc. Em…$4MBraden Kitchens, Inc. Employee Stock Ownership PlanBraden Kitchens, Inc. Employ…$4M
End-of-year total assets ($M) among Southern Services, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Other Services filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$3M
Net Income-$2M
Employer EIN760124990
Plan Effective Date2002-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Services, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$3M 14.492971998941117% vs 2022
2023 filing year
$3.2M$3.4M$3.6M$3.8M$4M 20222023 $3.88M $3.31M ▼ -14.7%
Year Plans Participants Total Assets
2022 1 71 $4M
2023 1 30 $3M

Nearby ESOP Plans in Texas

Peer ESOP plans, same state, same plan type, ranked by total assets.

Southern Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -50510152025 Total assets ($B) Participants Southern Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003875782 · Participants: 71Southern Services, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 20.550345006 · Participants: 2620Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.519630506 · Participants: 690Highland Homes Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.495132236 · Participants: 818Cactus Feeders, Inc. Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.421653441 · Participants: 5325Austin Industries Employee Stock Ownership PlanLja Engineering ESOP, Total assets ($B): 0.352817177 · Participants: 1298Lja Engineering ESOP
Southern Services, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Southern Services, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Southern Services, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA ($4M); by covered participants it is Thumb Bank & Trust Employee Stock Ownership Plan in MI (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Services, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Southern Services, Inc. Employee Stock Ownership Plan declined sharply - down 28.5% during 2022, from $5M to $4M. Reported net income was -$2M.
How have Southern Services, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Southern Services, Inc.'s sponsor-wide assets declined 14.5%, from $4M to $3M.
Which ESOP plans are similar in size to Southern Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA ($4M, 115 participants).
Which ESOP plans cover a similar participant headcount to Southern Services, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Thumb Bank & Trust Employee Stock Ownership Plan in MI (71 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 760124990.

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.