401(k) · DOL Form 5500 · 2024

Southwire Company, LLC 401(k) Plan

Data updated 2026-08-11

$506M
Total assets
2,364
Participants
97th
Percentile by assets
$214,062
Avg per participant
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Official DOL plan name: Southwire Company Salaried 401(k) Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing

$506M in assets, 2,364 participants

Southwire Company, LLC's Southwire Company Salaried 401(k) Plan reported $506M in total assets and 2,364 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #16,994 in Manufacturing (17,777 peers)

Coverage in Georgia

Southwire Company Salaried 401(k) Plan covers 2,364 participants in Georgia, 2.2x the typical Georgia plan (state average ~1,096 per filing). Assets: $506M.

$506M
total plan assets (2024 EOY)
2,364
covered participants
97th
percentile by assets (of 123,622 plans)
$214,062
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwire Company Salaried 401(k) Plan reported net income fell from $83M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Southwire Company Salaried 401(k) Plan end-of-year assets rose from $447M in the plan year 2023 filing to $506M in the plan year 2024 filing.
  • Southwire Company Salaried 401(k) Plan reported participants rose from 2,169 in the plan year 2023 filing to 2,364 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Southwire Company Salaried 401(k) Plan reports 2,364 participants - 2.2x that state average ($506M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$447M
Net Assets (End of Year)$506M
Net Income$55M
Employer EIN582020515
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwire Company, LLC)

$600M$700M$800M$900M$1,000M 202220232024 $674M $901M ▲ +33.8%
Total plan assets by year, all Southwire Company, LLC plans on file
Year Plans Participants Total Assets
2022 4 10,714 $674M
2023 5 12,425 $809M
2024 3 13,318 $901M

Nearby 401(k) Plans in Georgia

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

Southwire Company Salaried 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Southwire Company Salaried 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Southwire Company Sa…The Teamster - UPS N…Delta 401(k) Retirem…Delta 401(k) Retirem…UPS 401(k) Savings P…The Home Depot Futur…
Southwire Company Salaried 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southwire Company Salaried 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Southwire Company Salaried 401(k) Plan assets move in 2024?
Southwire Company Salaried 401(k) Plan grew at a solid clip - up 13.1% during 2024, from $447M to $506M. Reported net income was $55M.
How have Southwire Company, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Southwire Company, LLC's sponsor-wide assets grew 33.8%, from $674M to $901M.
Where does Southwire Company Salaried 401(k) Plan rank by assets among Form 5500 filers?
Southwire Company Salaried 401(k) Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southwire Company Salaried 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cincinnati Bell Retirement Savings Plan in OH ($506M, 2,775 participants).

Next read for Southwire Company Salaried 401(k) Plan

Filing takeaways

Ways to act on Southwire Company Salaried 401(k) Plan's numbers.