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 Power Systems, Inc. 401(K) Plan is a benefit plan reported by Southern Power Systems, Inc under EIN 72-1273495 and plan number 001. The latest loaded filing year is 2023. The filing reports 128 participants and $8,942,800 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,942,800
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,942,800
- Net assets (BOY)
- $6,759,987
Income & contributions
- Employer contributions
- $538,653
- Participant contributions
- $766,203
- Total contributions
- $1,501,364
- Total income / additions
- $2,767,394
Expenses & distributions
- Benefits paid
- $500,288
- Administrative expenses
- $44,119
- Total expenses
- $584,581
- Net increase / (decrease)
- $2,182,813