401(k) · DOL Form 5500 · 2024

Southern Motion, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
1,445
Participants Near avg headcount
50th
Percentile by assets National rank
$5,204
Avg per participant Low balance/head
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Official DOL plan name: Southern Motion, Inc. 401(k) Plan · Sponsored by Southern Motion, Inc. · Mississippi · Manufacturing

$8M in assets, 1,445 participants

Southern Motion, Inc.'s Southern Motion, Inc. 401(k) Plan reported $8M in total assets and 1,445 participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #6,060 in Manufacturing (17,777 peers)

Coverage in Mississippi

Southern Motion, Inc. 401(k) Plan covers 1,445 participants in Mississippi, 3.9x the typical Mississippi plan (state average ~366 per filing). Assets: $8M.

#6,060
in Manufacturing (17,777 peers)
+3.2%
assets growth YoY

Southern Motion, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Southern Motion, Inc. 401(k) Plan vs every filed plan by assets

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

$7,519,524 Top 50% higher than 50% 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

Southern Motion, Inc. 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. Southern Motion, Inc. 401(k) Plan lands in the large band (1,445 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Motion, Inc. 401(k) Plan reported net income fell from $501K in the plan year 2023 filing to $236K in the plan year 2024 filing.
  • Southern Motion, Inc. 401(k) Plan reported participants rose from 1,366 in the plan year 2023 filing to 1,445 in the plan year 2024 filing.
  • Southern Motion, Inc. 401(k) Plan end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 640878218 · Southern Motion, Inc. PY 2024 · 401(k)

Southern Motion, Inc. 401(k) Plan · $8M · 1,445 · 50th

  • RANK $8M
  • PHOTO 1,445
  • IND 50th
  • EOY 401(k)
  • 5500 near Carolina Inpatient Medical Specialists, PLLC 401(k) Profit Sharing Plan
  • ASSETS ind #6060

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 Mississippi →

Southern Motion, Inc. 401(k) Plan in the asset neighbourhood

Southern Motion, Inc. 401(k) PlanSouthern Motion, Inc. 401(k)…$8MCarolina Inpatient Medical Specialists, PLLC 401(k) Profit Sharing PlanCarolina Inpatient Medical S…$8MKenosha Beef 401(k) Plan for Bargaining EmployeesKenosha Beef 401(k) Plan for…$8MRo Health 401(k) Plan$8MWdi Hospitality, LLC 401(k) PlanWdi Hospitality, LLC 401(k) …$8M
End-of-year total assets ($M) among Southern Motion, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Mississippi filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$236K
Employer EIN640878218
Plan Effective Date2002-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Motion, Inc.)

Sponsor-wide plan assets over time

All Southern Motion, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 10.867223819561607% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M 202220232024 $6.78M $7.52M ▲ +10.9%
Year Plans Participants Total Assets
2022 1 2,040 $7M
2023 1 1,366 $7M
2024 1 1,445 $8M

Nearby 401(k) Plans in Mississippi

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

Southern Motion, Inc. 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Southern Motion, Inc. 401(k) Plan, Total assets ($M): 7.519524 · Participants: 1445Southern Motion, Inc. 401(k) PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 817.14825 · Participants: 6117Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 770.769507 · Participants: 3508Ergon 401(k) PlanV2x 401(k) Retirement Plan, Total assets ($M): 644.420569 · Participants: 6644V2x 401(k) Retirement PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 607.648166 · Participants: 3561Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 528.338892 · Participants: 2689Southern Farm Bureau and Adopting Companies 401(k) Plan
Southern Motion, Inc. 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Motion, Inc. 401(k) Plan side-by-side with 3 peers →

Southern Motion, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Carolina Inpatient Medical Specialists, PLLC 401(k) Profit Sharing Plan in NC ($8M); by covered participants it is Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan in PA (1,445 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,445 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 Southern Motion, Inc. 401(k) Plan assets move in 2024? ▼
Southern Motion, Inc. 401(k) Plan edged up modestly - up 3.2% during 2024, from $7M to $8M. Reported net income was $236K.
How have Southern Motion, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Motion, Inc.'s sponsor-wide assets grew 10.9%, from $7M to $8M.
Which 401(k) plans are similar in size to Southern Motion, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Carolina Inpatient Medical Specialists, PLLC 401(k) Profit Sharing Plan in NC ($8M, 1 participant).
Which 401(k) plans cover a similar participant headcount to Southern Motion, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Federated Hermes, Inc. Employees Profit Sharing / 401(k) Plan in PA (1,445 participants, $694M 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 640878218.

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.