Plan Snapshot
- Plan Sponsor: Southern Company Services, INC.
- Sponsor EIN: 630274273
- Sponsor Address: 30 IVAN ALLEN JR BLVD NW, ATLANTA, GA, 303083003
- Plan Type: 401(k)
- Plan Number: 518
- Total Participants: 0
- Total Assets: $225.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $225.2M | $14.0M | $0 |
| 2023 | 16,756 | $214.3M | $6.0M | $0 |
| 2022 | 0 | $195.4M | $6.3M | $4,090 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BANK OF NEW YORK MELLON | Custodian / Trustee | $122,085 | — | $122,085 |
| LAZARD ASSET MANAGEMENT | Other Service Provider | $65,456 | — | $65,456 |
| INVESCO ADVISORS | Other Service Provider | $57,836 | — | $57,836 |
| ABERDEEN ASSET MGMT | Other Service Provider | $43,502 | — | $43,502 |
| AON | Other Service Provider | $25,211 | — | $25,211 |
| DEPRINCE, RACE AND ZOLLO | Other Service Provider | $25,078 | — | $25,078 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $339,168
- Estimated Expense Ratio: 0.151% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $342,915 | $202,002 | — | — | — |
| 2023 | $308,577 | $217,161 | — | — | — |
| 2022 | $327,837 | $206,885 | — | — | $116,727 |