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: 802
- Total Participants: 0
- Total Assets: $132.5M
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 | $132.5M | $18.4M | $4.4M |
| 2023 | 0 | $119.5M | $19.9M | $4.1M |
| 2022 | 0 | $104.3M | $18.0M | $3.0M |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF IL | Other Service Provider | $1,779,002 | — | $1,779,002 |
| UMR | Other Service Provider | $246,943 | — | $246,943 |
| CRENDENCE BLUE CROSS AND BLUE SHIEL | Other Service Provider | $141,446 | — | $141,446 |
| EXPRESS SCRIPTS | Other Service Provider | $134,172 | — | $134,172 |
| BY MELLON | Other Service Provider | $100,951 | — | $100,951 |
| CAREMARK,INC. | Other Service Provider | $12,039 | — | $12,039 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,414,553
- Estimated Expense Ratio: 1.822% 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 | $3,320,427 | — | $2,418,311 | — | — |
| 2023 | $3,511,166 | — | $2,620,544 | — | — |
| 2022 | $3,793,213 | — | $2,877,265 | — | $124,948 |