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: 608
- Total Participants: 0
- Total Assets: $380.6M
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 | $380.6M | $63.2M | $38.8M |
| 2023 | 0 | $363.2M | $77.3M | $40.1M |
| 2022 | 0 | $318.3M | $72.1M | $40.5M |
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 |
|---|---|---|---|---|
| ALLIGHT | Recordkeeper | $1,507,975 | — | $1,507,975 |
| CREDENCE BLE CROSS AND BLUE SHIELD | Other Service Provider | $1,104,503 | — | $1,104,503 |
| HEATHCARE BLUE BOOK | Other Service Provider | $172,252 | — | $172,252 |
| MERATIVE | Other Service Provider | $162,414 | — | $162,414 |
| BNY MELLON | Other Service Provider | $89,741 | — | $89,741 |
| WILLIS TOWER | Other Service Provider | $88,732 | — | $88,732 |
| CAREMARK (CVS) | Other Service Provider | $77,565 | — | $77,565 |
| BUCK CONSULTING | Other Service Provider | $60,111 | — | $60,111 |
| AON | Recordkeeper | $42,820 | — | $42,820 |
| WARREN AVERETT | Auditor | $37,845 | — | $37,845 |
| VIVA HEALTH ADMINISTRATION, LLC | Other Service Provider | $9,356 | — | $9,356 |
| LCG ASSOCIATES | Other Service Provider | $5,858 | — | $5,858 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALLIGHT — Recordkeeper
- AON — Recordkeeper
- WARREN AVERETT — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,359,172
- Estimated Expense Ratio: 0.883% 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 | $3,418,258 | — | $3,380,413 | $37,845 | — |
| 2023 | $1,657,914 | — | $1,525,622 | — | — |
| 2022 | $3,005,246 | $6,941 | $2,870,069 | — | $3,750 |