Defined Benefit (Pension) · DOL Form 5500 · 2024

Southco, Inc. Pension Plan

Data updated 2026-08-25

$148M
Total assets Near avg plan size
192
Participants Below avg headcount
93rd
Percentile by assets National rank
$768,461
Avg per participant High balance/head
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Official DOL plan name: Pension Plan for Employees of Southco, Inc. · Sponsored by Southco, Inc. · Pennsylvania · Manufacturing

$148M in assets, 192 participants

Southco, Inc.'s Pension Plan for Employees of Southco, Inc. reported $148M in total assets and 192 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.

  • #15,861 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Pension Plan for Employees of Southco, Inc. covers 192 participants in Pennsylvania, about 23% of the average Pennsylvania filer (state average ~822 per filing). Assets: $148M.

#15,861
in Manufacturing (17,777 peers)
-6.2%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan for Employees of Southco, Inc.'s outsized position by total assets

Pension Plan for Employees of Southco, Inc. vs every filed plan by assets

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

$147,544,560 Top 7% higher than 93% 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

Pension Plan for Employees of Southco, Inc. among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pension Plan for Employees of Southco, Inc. sits mid-pack in the medium band (192 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Pension Plan for Employees of Southco, Inc. reported net income fell from $8M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Pension Plan for Employees of Southco, Inc. reported participants fell from 214 in the plan year 2023 filing to 192 in the plan year 2024 filing.
  • Pension Plan for Employees of Southco, Inc. end-of-year assets fell from $157M in the plan year 2023 filing to $148M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 231287596 · Southco, Inc. PY 2024 · Defined Benefit (Pension)

Pension Plan for Employees of Southco, Inc. · $148M · 192 · 93rd

  • PHOTO $148M
  • PHOTO 192
  • PHOTO 93rd
  • PHOTO Defined Benefit (Pension)
  • PHOTO near International Brotherhood of Boilermakers Officers and Employees' Pension Plan
  • PHOTO ind #15861

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 Pennsylvania →

Pension Plan for Employees of Southco, Inc. in the asset neighbourhood

Efw Inc. Consolidated Retirement PlanEfw Inc. Consolidated Retire…$148MInternational Brotherhood of Boilermakers Officers and Employees' Pension PlanInternational Brotherhood of…$148MPension Plan for Employees of Southco, Inc.Pension Plan for Employees o…$148MSchaeffler Group USA Inc. Pension PlanSchaeffler Group USA Inc. Pe…$147MIubac - Local Union Officers & Employees Pension PlanIubac - Local Union Officers…$147M
End-of-year total assets ($M) among Pension Plan for Employees of Southco, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$157M
Net Assets (End of Year)$148M
Net Income-$10M
Employer EIN231287596
Plan Effective Date1958-12-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Southco, Inc.)

Sponsor-wide plan assets over time

All Southco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$234M 5.608863350767995% vs 2022
2024 filing year
$230M$240M$250M$260M 202220232024 $248M $234M ▼ -5.6%
Year Plans Participants Total Assets
2022 2 781 $248M
2023 2 776 $254M
2024 2 762 $234M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan for Employees of Southco, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Pension Plan for Employees of Southco, Inc., Total assets ($B): 0.14754456 · Participants: 192Pension Plan for Employees of Southco, Inc.National Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Pension Plan for Employees of Southco, Inc. vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Pension Plan for Employees of Southco, Inc. side-by-side with 3 peers →

Pension Plan for Employees of Southco, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is International Brotherhood of Boilermakers Officers and Employees' Pension Plan in MO ($148M); by covered participants it is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Pension Plan for Employees of Southco, Inc. assets move in 2024? ▼
Pension Plan for Employees of Southco, Inc. pulled back noticeably - down 6.2% during 2024, from $157M to $148M. Reported net income was -$10M.
How have Southco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southco, Inc.'s sponsor-wide assets declined 5.6%, from $248M to $234M.
Where does Pension Plan for Employees of Southco, Inc. rank by assets among Form 5500 filers? ▼
Pension Plan for Employees of Southco, Inc. ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan for Employees of Southco, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Brotherhood of Boilermakers Officers and Employees' Pension Plan in MO ($148M, 202 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan for Employees of Southco, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants, $5M 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 231287596.

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.