Department of Labor filing

SOUTHERN MANAGEMENT COMPANIES LLC

SOUTHERN MANAGEMENT COMPANIES LLC 401(K) SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 8, 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

$1,297

Reported employer contributions per active participant.

Higher than about 54% of comparable plans

#People in the filing

2,151

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$74 / participant

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

Lower cost than about 42% of comparable plans

↗Investment performance

Not available

Plan assets changed 9.2%, 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 contributions54th percentileTypical peer $1,194 · based on 65 comparable plans

Lower reported administrative expense42nd percentileTypical peer $65 · 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 MANAGEMENT COMPANIES LLC reported $2,788,776 in employer contributions across the plan and 2,151 active participants. That works out to $1,297 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 proxy78%

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 trendDown 4.9%

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

Expense trendDown 19.2%

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: $2,788,776
Participant contributions: $3,133,915
Other contributions: $122,989
Employer share of reported contributions: 47.1%
Beginning assets: $83,940,151
Ending assets: $91,656,103
Ending net assets: $91,656,103
Ending liabilities: $0
Total income: $15,260,253
Total expenses: $7,544,301
Administrative expenses: $193,188
Participant loans: $1,824,335

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

$1,363

2023

$1,308

2024

$1,297

Plan-paid administrative expenses per participant

2022

$91

2023

$90

2024

$74

Active participants

2022

1,937

2023

2,051

2024

2,151

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,297	2,151	91.7M	20251008174203NAL0003468755001
2023	$1,308	2,051	83.9M	20241015134905NAL0048210368001
2022	$1,363	1,937	73.4M	20231015162706NAL0024738547001

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: 2.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 521223227-003

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1996
Industry: Real estate
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
THE VANGUARD GROUP, INC.	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251008174203NAL0003468755001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗