Southern States Retirement Savings Plan — Form 5500 plan (Southern States Cooperative, Inc.)
Plain-English plan 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, Southern States Retirement Savings Plan is a benefit plan reported by Southern States Cooperative, Inc. under EIN 54-0387200 and plan number 334. The latest loaded filing year is 2023. The filing reports 2,832 participants and $222,082,551 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$222.1MPlan net assets, end of year$222,082,551
Participants2.8KCovered participants reported2,832
Assets / participant$78.4KComputed: assets ÷ participants$78,419 (computed)
Provider compensation$250.3K2 Schedule C provider row(s)$250,272
- Plan sponsor
- Southern States Cooperative, Inc.
- EIN
- 54-0387200
- Plan number
- 334
- Plan type
- 3
- Location
- Richmond, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,832 | H, C | 20240808143840NAL0002870707001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$222.1M total assets
Net assets$222.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $222,082,551
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $222,082,551
- Net assets (BOY)
- $211,557,773
Income & contributions
- Employer contributions
- $3,393,306
- Participant contributions
- $5,846,393
- Total contributions
- $10,218,927
- Total income / additions
- $43,124,640
Expenses & distributions
- Benefits paid
- $24,182,045
- Administrative expenses
- $250,272
- Total expenses
- $24,460,357
- Net increase / (decrease)
- $18,664,283
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income56%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $166,918 | $0 | 2023 |
| Mercer Investments LLC | INVESTMENT ADVISOR | $83,354 | not reported in the loaded dataset | 2023 |