Defined Benefit (Pension) · DOL Form 5500 · 2024
Southwire Company, LLC Pension Plan
Data updated 2026-08-11
- $145M
- Total assets
- 5,144
- Participants
- 93rd
- Percentile by assets
- $28,123
- Avg per participant
Official DOL plan name: Southwire Company Hourly Pension Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing
$145M in assets, 5,144 participants
Southwire Company, LLC's Southwire Company Hourly Pension Plan reported $145M in total assets and 5,144 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #15,828 in Manufacturing (17,777 peers)
Coverage in Georgia
Southwire Company Hourly Pension Plan covers 5,144 participants in Georgia, 4.7x the typical Georgia plan (state average ~1,096 per filing). Assets: $145M.
- $145M
- total plan assets (2024 EOY)
- 5,144
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $28,123
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southwire Company Hourly Pension Plan reported net income fell from $16M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- Southwire Company Hourly Pension Plan reported participants rose from 4,370 in the plan year 2023 filing to 5,144 in the plan year 2024 filing.
- Southwire Company Hourly Pension Plan end-of-year assets rose from $138M in the plan year 2023 filing to $145M in the plan year 2024 filing.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Southwire Company Hourly Pension Plan reports 5,144 participants - 4.7x that state average ($145M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $138M |
|---|---|
| Net Assets (End of Year) | $145M |
| Net Income | $7M |
| Employer EIN | 582020515 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southwire Company, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 10,714 | $674M |
| 2023 | 5 | 12,425 | $809M |
| 2024 | 3 | 13,318 | $901M |
Nearby Defined Benefit (Pension) Plans in Georgia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Southwire Company Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
- UPS Retirement Plan $21.2B · 43,465
- The Southern Company Pension Plan $15.3B · 25,843
- UPS/Ibt Full-Time Employee Pension Plan $12.2B · 69,627
- UPS Pension Plan $9.3B · 157,587
- Delta Retirement Plan $7.3B · 15,222
Scale composition for Southwire Company Hourly Pension Plan
Southwire Company Hourly Pension Plan reports $145M in end-of-year assets across 5,144 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $28,123 per participant (20% of the national average assets-per-participant) . Net income for plan year 2024 was $7M.
This plan identity (EIN 582020515, plan #013) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $122M to $145M (+18.3%) while covered participants moved from 3,829 to 5,144 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 3,829 | $122M | Open filing |
| 2023 | 4,370 | $138M | Open filing |
| 2024 · index core | 5,144 | $145M | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Southwire Company Salaried 401(k) Plan (401(k), $506M, 2,364 participants)
- Southwire Company Hourly 401(k) Plan (401(k), $250M, 5,810 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Southwire Company Hourly Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Southwire Company Hourly Pension Plan assets move in 2024? ▼
How have Southwire Company, LLC plan assets changed over time? ▼
Where does Southwire Company Hourly Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Southwire Company Hourly Pension Plan? ▼
Next read for Southwire Company Hourly Pension Plan
Filing takeaways
Ways to act on Southwire Company Hourly Pension Plan's numbers.
- By total assets, Southwire Company Hourly Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Georgia. Compare plans
- Southwire Company, LLC's sponsor-wide assets have grown 33.8% since 2022 across 3 plan years on file. More Manufacturing plans