ESOP · DOL Form 5500 · 2024

Southern Directional, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
43
Participants Small participant base
46th
Percentile by assets National rank
$146,886
Avg per participant Above avg balance/head
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Official DOL plan name: Southern Directional, Inc. Employee Stock Ownership Plan · Sponsored by Southern Directional, Inc. · Alabama · Utilities

$6M in assets, 43 participants

Southern Directional, Inc.'s Southern Directional, Inc. Employee Stock Ownership Plan reported $6M in total assets and 43 participants in its 2024 DOL Form 5500 filing, ranking in the 46th 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.

  • #134 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Southern Directional, Inc. Employee Stock Ownership Plan ranks #134 of 732 2024 filers by assets (8501% of the sector average)-$6M for 43 participants.

#134
in Utilities (732 peers)
+29.1%
assets growth YoY

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

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

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

$6,316,100 46th percentile higher than 46% 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 Directional, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Directional, Inc. Employee Stock Ownership Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Directional, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Southern Directional, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Southern Directional, Inc. Employee Stock Ownership Plan reported participants fell from 47 in the plan year 2023 filing to 43 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 631233438 · Southern Directional, Inc. PY 2024 · ESOP

Southern Directional, Inc. Employee Stock Ownership Plan · $6M · 43 · 46th

  • TYPE $6M
  • NET 43
  • BOOK 46th
  • VS-ST ESOP
  • BOY near A. Reddix & Associates Inc. Employee Stock Ownership Plan
  • SCH ind #134

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 Alabama →

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

A. Reddix & Associates Inc. Employee Stock Ownership PlanA. Reddix & Associates Inc. …$6MTool North, Inc. Employee Stock Ownership PlanTool North, Inc. Employee St…$6MCoho Partners, Ltd ESOP Ownership PlanCoho Partners, Ltd ESOP Owne…$6MSouthern Directional, Inc. Employee Stock Ownership PlanSouthern Directional, Inc. E…$6MBrechbill and Helman Construction Co. , Inc. Employee Stock Ownership PlanBrechbill and Helman Constru…$6M
End-of-year total assets ($M) among Southern Directional, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$3M
Net Income$2M
Employer EIN631233438
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Directional, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$6M 65.42785445617501% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.82M $6.32M ▲ +65.4%
Year Plans Participants Total Assets
2022 1 54 $4M
2023 1 47 $5M
2024 1 43 $6M

Nearby ESOP Plans in Alabama

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

Southern Directional, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600 Total assets ($M) Participants Southern Directional, Inc. Employee Stock Ownership Plan, Total assets ($M): 6.3161 · Participants: 43Southern Directional, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
Southern Directional, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Southern Directional, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is A. Reddix & Associates Inc. Employee Stock Ownership Plan in VA ($6M); by covered participants it is Zsi Employee Stock Ownership Plan in WI (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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 Directional, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Southern Directional, Inc. Employee Stock Ownership Plan grew sharply - up 29.1% during 2024, from $5M to $6M. Reported net income was $2M.
How have Southern Directional, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Directional, Inc.'s sponsor-wide assets grew 65.4%, from $4M to $6M.
Which ESOP plans are similar in size to Southern Directional, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is A. Reddix & Associates Inc. Employee Stock Ownership Plan in VA ($6M, 61 participants).
Which ESOP plans cover a similar participant headcount to Southern Directional, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Zsi Employee Stock Ownership Plan in WI (43 participants, $4M 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 631233438.

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.