Department of Labor filing

SOUTHERN COMPANY SERVICES, INC.

THE SOUTHERN COMPANY EMPLOYEE SAVINGS PLAN · For the plan year ended Dec 31, 2024

Spot something wrong?
Public filing 2024 · received Aug 12, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

50filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$4,817

Reported employer contributions per active participant.

Higher than about 36% of comparable plans
#People in the filing
28,079

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$47 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 83% of comparable plans
Investment performance
Not available

Plan assets changed 10.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202450out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions36th percentileTypical peer $5,837 · based on 67 comparable plans
Lower reported administrative expense83rd percentileTypical peer $110 · based on 65 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SOUTHERN COMPANY SERVICES, INC. reported $135,260,890 in employer contributions across the plan and 28,079 active participants. That works out to $4,817 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy79%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 8.9%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 20.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context50/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$135,260,890
Participant contributions
$285,051,682
Other contributions
$21,662,125
Employer share of reported contributions
32.2%
Beginning assets
$8,390,479,468
Ending assets
$9,300,088,498
Ending net assets
$9,300,088,498
Ending liabilities
$0
Total income
$1,779,989,713
Total expenses
$870,380,683
Administrative expenses
$1,665,856
Participant loans
$132,504,338

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$4,423
2023
$4,649
2024
$4,817
Plan-paid administrative expenses per participant
2022
$39
2023
$35
2024
$47
Active participants
2022
27,549
2023
27,802
2024
28,079
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$4,81728,0799.3B20250812122928NAL0007212931001
2023$4,64927,8028.4B20240714161620NAL0001251522001
2022$4,42327,5497.8B20230706083408NAL0019610672001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
1.4%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
630274273-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Mar 1, 1976
Industry
Utilities
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2F2G2I2J2K2O2R3H3F2S2T

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →
Filing ACK_ID20250812122928NAL0007212931001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗