401(k) · DOL Form 5500 · 2024

Southern Company Services, Inc. 401(k) Plan

Data updated 2026-08-25

$9.3B
Total assets Very large vs avg
27,802
Participants Very large workforce
100th
Percentile by assets National rank
$334,511
Avg per participant High balance/head
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Official DOL plan name: The Southern Company Employee Savings Plan · Sponsored by Southern Company Services, Inc. · Georgia · Utilities

$9.3B in assets, 27,802 participants

Southern Company Services, Inc.'s The Southern Company Employee Savings Plan reported $9.3B in total assets and 27,802 participants in its 2024 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.

  • #726 in Utilities (732 peers)

Coverage in Georgia

The Southern Company Employee Savings Plan covers 27,802 participants in Georgia, 25x the typical Georgia plan (state average ~1,096 per filing). Assets: $9.3B.

#726
in Utilities (732 peers)
+10.8%
assets growth YoY
93×
vs typical plan assets (national mean)

The Southern Company Employee Savings Plan's outsized position by total assets

The Southern Company Employee Savings Plan vs every filed plan by assets

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

$9,300,088,498 Highest reported value at or above every one 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

The Southern Company Employee Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Southern Company Employee Savings Plan is a mega filing (27,802 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Southern Company Employee Savings Plan reported net income rose from $624M in the plan year 2023 filing to $910M in the plan year 2024 filing.
  • The Southern Company Employee Savings Plan end-of-year assets rose from $8.4B in the plan year 2023 filing to $9.3B in the plan year 2024 filing.
  • The Southern Company Employee Savings Plan reported participants rose from 27,549 in the plan year 2023 filing to 27,802 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 630274273 · Southern Company Services, Inc. PY 2024 · 401(k)

The Southern Company Employee Savings Plan · $9.3B · 27,802 · 100th

  • PART $9.3B
  • TYPE 27,802
  • NET 100th
  • BOOK 401(k)
  • VS-ST near Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan
  • BOY ind #726

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 Employee Savings Plan in the asset neighbourhood

Insperity 401(k) Plan$9.4BNucor Corporation Profit Sharing and Retirement Savings PlanNucor Corporation Profit Sha…$9.3BBooz Allen Hamilton Inc. Employees' Capital Accumulation PlanBooz Allen Hamilton Inc. Emp…$9.3BThe Southern Company Employee Savings PlanThe Southern Company Employe…$9.3BTruist Financial Corporation 401(k) Savings PlanTruist Financial Corporation…$9.2B
End-of-year total assets ($B) among The Southern Company Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$8.4B
Net Assets (End of Year)$9.3B
Net Income$910M
Employer EIN630274273
Plan Effective Date1976-03-01
Filing StatusFILING 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
$22B$23B$24B$25B 202220232024 $22.6B $24.6B ▲ +9.0%
Year Plans Participants Total Assets
2022 2 52,724 $22.6B
2023 2 52,790 $24.0B
2024 2 53,645 $24.6B

Nearby 401(k) Plans in Georgia

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

The Southern Company Employee Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 5101520 Total assets ($B) Participants The Southern Company Employee Savings Plan, Total assets ($B): 9.300088498 · Participants: 27802The Southern Company Employee Savings PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
The Southern Company Employee Savings Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare The Southern Company Employee Savings Plan side-by-side with 3 peers →

Scale composition for The Southern Company Employee Savings Plan

The Southern Company Employee Savings Plan reports $9.3B in end-of-year assets across 27,802 participants (0.075% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.030% of 93,925,755 covered participants) - about $334,511 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2024 was $910M.

This plan identity (EIN 630274273, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $7.8B to $9.3B (+19.7%) while covered participants moved from 27,061 to 27,802 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 27,061 $7.8B Open filing
2023 27,549 $8.4B Open filing
2024 · index core 27,802 $9.3B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Southern Company Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan in VA ($9.3B); by covered participants it is Deferred Salary Plan of the Electrical Industry in NY (27,777 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (27,802 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 The Southern Company Employee Savings Plan assets move in 2024? ▼
The Southern Company Employee Savings Plan grew at a solid clip - up 10.8% during 2024, from $8.4B to $9.3B. Reported net income was $910M.
How have Southern Company Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Company Services, Inc.'s sponsor-wide assets grew 9.0%, from $22.6B to $24.6B.
Where does The Southern Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
The Southern Company Employee Savings Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Southern Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan in VA ($9.3B, 34,650 participants).
Which 401(k) plans cover a similar participant headcount to The Southern Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Deferred Salary Plan of the Electrical Industry in NY (27,777 participants, $8.0B 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 630274273.

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.