401(k) · DOL Form 5500 · 2024

Southwire Company, LLC 401(k) Plan

Data updated 2026-08-25

$250M
Total assets Near avg plan size
5,810
Participants Above avg headcount
95th
Percentile by assets National rank
$43,065
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Southwire Company Hourly 401(k) Plan · Sponsored by Southwire Company, LLC · Georgia · Manufacturing

$250M in assets, 5,810 participants

Southwire Company, LLC's Southwire Company Hourly 401(k) Plan reported $250M in total assets and 5,810 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #16,433 in Manufacturing (17,777 peers)

Coverage in Georgia

Southwire Company Hourly 401(k) Plan covers 5,810 participants in Georgia, 5.3x the typical Georgia plan (state average ~1,096 per filing). Assets: $250M.

#16,433
in Manufacturing (17,777 peers)
+13.0%
assets growth YoY
2.5×
vs typical plan assets (national mean)

Southwire Company Hourly 401(k) Plan's outsized position by total assets

Southwire Company Hourly 401(k) Plan vs every filed plan by assets

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

$250,209,958 Top 5% higher than 95% 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

Southwire Company Hourly 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southwire Company Hourly 401(k) Plan lands in the large band (5,810 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southwire Company Hourly 401(k) Plan reported net income fell from $38M in the plan year 2023 filing to $33M in the plan year 2024 filing.
  • Southwire Company Hourly 401(k) Plan end-of-year assets rose from $222M in the plan year 2023 filing to $250M in the plan year 2024 filing.
  • Southwire Company Hourly 401(k) Plan reported participants fell from 5,863 in the plan year 2023 filing to 5,810 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 582020515 · Southwire Company, LLC PY 2024 · 401(k)

Southwire Company Hourly 401(k) Plan · $250M · 5,810 · 95th

  • EIN $250M
  • EIN 5,810
  • EIN 95th
  • EIN 401(k)
  • EIN near Northern California Carpenters 401(k) Trust Fund
  • EIN ind #16433

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 Manufacturing retirement plans → · Plans in Georgia →

Southwire Company Hourly 401(k) Plan in the asset neighbourhood

Insulet Corporation 401(k) Profit Sharing PlanInsulet Corporation 401(k) P…$250MNorthern California Carpenters 401(k) Trust FundNorthern California Carpente…$250MSouthwire Company Hourly 401(k) PlanSouthwire Company Hourly 401…$250MHydraforce, Inc. 401(k) Plan$250MSummit Racing Equipment Retirement PlanSummit Racing Equipment Reti…$250M
End-of-year total assets ($M) among Southwire Company Hourly 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$222M
Net Assets (End of Year)$250M
Net Income$33M
Employer EIN582020515
Plan Effective Date1955-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southwire Company, LLC)

Sponsor-wide plan assets over time

All Southwire Company, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$901M 33.765737034926765% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $674M $901M ▲ +33.8%
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 Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Southwire Company Hourly 401(k) Plan, Total assets ($B): 0.250209958 · Participants: 5810Southwire Company Hourly 401(k) 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
Southwire Company Hourly 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

Scale composition for Southwire Company Hourly 401(k) Plan

Southwire Company Hourly 401(k) Plan reports $250M in end-of-year assets across 5,810 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $43,065 per participant (31% of the national average assets-per-participant) . Net income for plan year 2024 was $33M.

This plan identity (EIN 582020515, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $187M to $250M (+33.8%) while covered participants moved from 4,945 to 5,810 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,945 $187M Open filing
2023 5,863 $222M Open filing
2024 · index core 5,810 $250M This page

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Southwire Company Hourly 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Northern California Carpenters 401(k) Trust Fund in CA ($250M); by covered participants it is Iss Facility Services 401(k) Savings Plan in TX (5,814 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($250M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,810 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 Southwire Company Hourly 401(k) Plan assets move in 2024? ▼
Southwire Company Hourly 401(k) Plan grew at a solid clip - up 13.0% during 2024, from $222M to $250M. Reported net income was $33M.
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 Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Southwire Company Hourly 401(k) Plan ranks in the 95th 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 Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northern California Carpenters 401(k) Trust Fund in CA ($250M, 4,311 participants).
Which 401(k) plans cover a similar participant headcount to Southwire Company Hourly 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Iss Facility Services 401(k) Savings Plan in TX (5,814 participants, $107M in assets).