2023 Form 5500 filing — The Southern Company Employee Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240714161620NAL0001251522001) for The Southern Company Employee Savings Plan, reported by Southern Company Services, Inc. under EIN 63-0274273 and plan number 002. It reports 35,219 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240714161620NAL0001251522001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southern Company Services, Inc.
- EIN
- 63-0274273
- Plan number
- 002
- Location
- Atlanta, GA
- Participants
- 35,219
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,390,479,468
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,390,479,468
- Employer contributions
- $129,264,474
- Participant contributions
- $272,770,158
- Total income / additions
- $1,311,032,006
- Benefits paid
- $685,950,738
- Administrative expenses
- $1,228,611
- Total expenses
- $687,435,318
- Net increase / (decrease)
- $623,596,688
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $1,465,148 | $0 |
| Warren Averett LLC | ACCOUNTANT | $32,000 | not reported in the loaded dataset |
| Gallagher Fiduciary Advisors, LLC | CONSULTANT | $30,000 | not reported in the loaded dataset |