401(k) · DOL Form 5500 · 2024
Southwire Company, LLC 401(k) Plan
Data updated 2026-08-11
- $250M
- Total assets
- 5,810
- Participants
- 95th
- Percentile by assets
- $43,065
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $250M
- total plan assets (2024 EOY)
- 5,810
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $43,065
- avg assets per participant
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.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Southwire Company Hourly 401(k) Plan reports 5,810 participants - 5.3x that state average ($250M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $222M |
|---|---|
| Net Assets (End of Year) | $250M |
| Net Income | $33M |
| Employer EIN | 582020515 |
| Plan Effective Date | 1955-08-01 |
| 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 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
- 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 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 Salaried 401(k) Plan (401(k), $506M, 2,364 participants)
- Southwire Company Hourly Pension Plan (Defined Benefit (Pension), $145M, 5,144 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Southwire Company Hourly 401(k) Plan by total assets, not by location.
- Northern California Carpenters 401(k) Trust Fund (CA) $250M · 4,311
- Hydraforce, Inc. 401(k) Plan (IL) $250M · 955
- Summit Racing Equipment Retirement Plan (OH) $250M · 1,857
- Insulet Corporation 401(k) Profit Sharing Plan (MA) $250M · 2,284
Frequently Asked Questions
How did Southwire Company Hourly 401(k) Plan assets move in 2024? ▼
How have Southwire Company, LLC plan assets changed over time? ▼
Where does Southwire Company Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Southwire Company Hourly 401(k) Plan? ▼
Next read for Southwire Company Hourly 401(k) Plan
Filing takeaways
Ways to act on Southwire Company Hourly 401(k) Plan's numbers.
- By total assets, Southwire Company Hourly 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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