The Southern Company Employee Savings Plan — Form 5500 plan (Southern Company Services, 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, The Southern Company Employee Savings Plan is a benefit plan reported by Southern Company Services, Inc. under EIN 63-0274273 and plan number 002. The latest loaded filing year is 2023. The filing reports 35,219 participants and $8,390,479,468 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Company Services, Inc.
- EIN
- 63-0274273
- Plan number
- 002
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 35,219
- End-of-year plan assets
- $8,390,479,468
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 35,219 | H, C | 20240714161620NAL0001251522001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,390,479,468
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,390,479,468
- Net assets (BOY)
- $7,766,882,780
Income & contributions
- Employer contributions
- $129,264,474
- Participant contributions
- $272,770,158
- Total contributions
- $425,033,781
- Total income / additions
- $1,311,032,006
Expenses & distributions
- Benefits paid
- $685,950,738
- Administrative expenses
- $1,228,611
- Total expenses
- $687,435,318
- Net increase / (decrease)
- $623,596,688
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $1,465,148 | $0 | 2023 |
| Warren Averett LLC | ACCOUNTANT | $32,000 | not reported in the loaded dataset | 2023 |
| Gallagher Fiduciary Advisors, LLC | CONSULTANT | $30,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Southern Company Services, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Merrill Lynch, Pierce, Fenner And S — Schedule C compensation
- Warren Averett LLC — Schedule C compensation
- Gallagher Fiduciary Advisors, LLC — Schedule C compensation