Southwire Company Hourly Pension Plan — Form 5500 plan (Southwire Company, LLC)

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, Southwire Company Hourly Pension Plan is a benefit plan reported by Southwire Company, LLC under EIN 58-2020515 and plan number 013. The latest loaded filing year is 2023. The filing reports 5,769 participants and $137,984,539 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Southwire Company, LLC
EIN
58-2020515
Plan number
013
Plan type
2
Location
Carrollton, GA
Latest filing year
2023
Participants
5,769
End-of-year plan assets
$137,984,539

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,769H, C20240925114042NAL0025301520001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$137,984,539
Total liabilities (EOY)
$0
Net assets (EOY)
$137,984,539
Net assets (BOY)
$122,290,786

Income & contributions

Employer contributions
$6,700,000
Total contributions
$6,700,000
Total income / additions
$24,084,467

Expenses & distributions

Benefits paid
$7,410,872
Administrative expenses
$979,842
Total expenses
$8,390,714
Net increase / (decrease)
$15,693,753

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.NONE$292,106not reported in the loaded dataset2023
PrincipalNONE$175,000not reported in the loaded dataset2023

Related Form 5500 pages