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
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
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.
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
Georgia filing particulars
| Total Assets (Beginning of Year) | $8.4B |
|---|---|
| Net Assets (End of Year) | $9.3B |
| Net Income | $910M |
| Employer EIN | 630274273 |
| Plan Effective Date | 1976-03-01 |
| 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 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $19.3B · 452,126
- Delta 401(k) Retirement Plan $19.0B · 89,836
- Delta 401(k) Retirement Plan for Pilots $15.9B · 14,473
- UPS 401(k) Savings Plan $14.2B · 95,250
- The Home Depot Futurebuilder $14.1B · 398,464
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 Pension Plan (Defined Benefit (Pension), $15.3B, 25,843 participants)
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.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9.3B here).
- Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan (VA) $9.3B · 34,650
- Nucor Corporation Profit Sharing and Retirement Savings Plan (NC) $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan (NC) $9.2B · 52,699
- Insperity 401(k) Plan (TX) $9.4B · 177,779
Similar participant headcount
Nearest other-state filings by covered participants (27,802 participants); asset peers above are excluded.
- Deferred Salary Plan of the Electrical Industry (NY) 27,777 · 25 off
- Hilton 401(k) Plan (VA) 27,734 · 68 off
- Publicis Benefits Connection 401(k) Plan (IL) 27,733 · 69 off
- Merck US Savings Plan (NJ) 27,956 · 154 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.