Plan Snapshot
- Plan Sponsor: Southern Company Services, INC.
- Sponsor EIN: 630274273
- Sponsor Address: 30 IVAN ALLEN JR BLVD NW, ATLANTA, GA, 303083003
- Plan Type: DB
- Total Participants: 26,369
- Total Assets: $15.3B
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 | 26,369 | $15.3B | $0 | $0 |
| 2023 | 25,843 | $15.6B | $0 | $0 |
| 2022 | 25,179 | $14.8B | $0 | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $2,966,401 | — | $2,966,401 |
| JP MORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $2,873,570 | — | $2,873,570 |
| MONDRIAN INVESTMENT PARTNERS | Other Service Provider | $2,660,662 | — | $2,660,662 |
| ABERDEEN INVESTMENTS INC. | Other Service Provider | $2,428,669 | — | $2,428,669 |
| INVESCO ADVISERS, INC | Other Service Provider | $2,334,816 | — | $2,334,816 |
| PACIFIC INVESTMENT MGMT,INC (PIMCO) | Other Service Provider | $2,084,567 | — | $2,084,567 |
| MORGAN STANLEY PRIME PROPERTY | Recordkeeper | $2,012,641 | — | $2,012,641 |
| SOUTHERN COMPANY SERVICES | Other Service Provider | $1,775,218 | — | $1,775,218 |
| T. ROWE PRICE ASSOCIATES INC. | Other Service Provider | $1,734,510 | — | $1,734,510 |
| PRUDENTIAL PRISA | Recordkeeper | $1,624,390 | — | $1,624,390 |
| DRIEHAUS CAPITAL MANAGEMENT LLC | Other Service Provider | $1,580,201 | — | $1,580,201 |
| HIG GROWTH & BUYOUTS EQUITY FD III | Other Service Provider | $1,575,328 | — | $1,575,328 |
| CENTERBRIDGE SPECIAL CREDIT PARTNER | Other Service Provider | $1,522,212 | — | $1,522,212 |
| CHARTWELL FINANCIAL | Other Service Provider | $1,456,898 | — | $1,456,898 |
| JENNISON ASSOCIATES LLC | Recordkeeper | $1,379,500 | — | $1,379,500 |
| ARIEL INVESTMENTS LLC | Other Service Provider | $1,373,609 | — | $1,373,609 |
| ARROWSTREET CAPITAL | Other Service Provider | $1,373,609 | — | $1,373,609 |
| NISA INVESTMENT ADVISORS, LLC | Other Service Provider | $1,240,070 | — | $1,240,070 |
| JP MORGAN CHASE BANK NA | Custodian / Trustee | $1,236,511 | — | $1,236,511 |
| LION INDUSTRIAL TRUST | Other Service Provider | $1,150,966 | — | $1,150,966 |
| QUANTUM CAPITAL SOLUTIONS II | Other Service Provider | $1,143,962 | — | $1,143,962 |
| ROBECO INSTITUTIONAL ASSET MANAGEME | Other Service Provider | $834,985 | — | $834,985 |
| ARTISAN PARTNERS | Other Service Provider | $830,004 | — | $830,004 |
| DRA GROWTH AND INCOME FUND X | Other Service Provider | $823,026 | — | $823,026 |
| LAZARD ASSET MANAGEMENT LLC | Other Service Provider | $801,083 | — | $801,083 |
| CENTERSQUARE INVESTMENT MGMT LLC | Other Service Provider | $755,674 | — | $755,674 |
| CLARION LION PROPERTIES | Other Service Provider | $726,942 | — | $726,942 |
| HIG CAPITAL PARTNERS VI, LP | Other Service Provider | $726,790 | — | $726,790 |
| MASON WELLS BUYOUT FUNDS V LP | Other Service Provider | $726,456 | — | $726,456 |
| SCHRODER INV MGMT NORTH AMERICA INC | Other Service Provider | $725,263 | — | $725,263 |
| RELATED REAL ESTATE FUND III | Other Service Provider | $696,107 | — | $696,107 |
| THE COLUMN GROUP III, LP | Other Service Provider | $686,279 | — | $686,279 |
| MAIN POST GROWTH CAPTITAL LP | Other Service Provider | $680,842 | — | $680,842 |
| SUN CAPITAL PARTNERS VII, LP | Other Service Provider | $631,229 | — | $631,229 |
| STRATEGIC INVESTORS FUND X LP | Other Service Provider | $614,175 | — | $614,175 |
| HIG MIDDLE MARKET | Other Service Provider | $582,932 | — | $582,932 |
| MAIN POST GROWTH CAPITAL III LP | Other Service Provider | $566,767 | — | $566,767 |
| HIG ADVANTAGE BUYOUT FUND II | Other Service Provider | $550,352 | — | $550,352 |
| GENSTAR CAPITAL PARTNERS X, LP | Other Service Provider | $547,402 | — | $547,402 |
| CLARIVEST ASSET MANAGEMENT | Other Service Provider | $541,116 | — | $541,116 |
| H.I.G. ADVANTAGE BUYOUT FUND, L.P. | Other Service Provider | $518,574 | — | $518,574 |
| JFL EQUITY INVESTORS V | Other Service Provider | $487,854 | — | $487,854 |
| GOLDNER HAWN FUND VIII LP | Other Service Provider | $487,391 | — | $487,391 |
| RIVER ASSOCIATES VII | Other Service Provider | $486,459 | — | $486,459 |
| STRATEGIC INVESTORS FUND XI LP | Other Service Provider | $474,844 | — | $474,844 |
| STRATEGIC INVESTORS FUND IX, LP | Other Service Provider | $469,980 | — | $469,980 |
| MERCER INVESTMENT LLC | Other Service Provider | $462,763 | — | $462,763 |
| MAIN POST GROWTH CAPITAL II LP | Other Service Provider | $460,728 | — | $460,728 |
| GENSTAR CAPITAL PARTNERS IX | Other Service Provider | $450,535 | — | $450,535 |
| GENSTAR CAPITAL PARTNERS XI LP | Other Service Provider | $440,335 | — | $440,335 |
| TRUE VENTURES VIII | Other Service Provider | $390,250 | — | $390,250 |
| AEW CORE PROPERTY TRUST | Other Service Provider | $389,161 | — | $389,161 |
| MSOUTH EQUITY PARTNERS IV | Other Service Provider | $388,329 | — | $388,329 |
| DEPRINCE, RACE AND ZOLLO | Other Service Provider | $383,314 | — | $383,314 |
| MB SPECIAL OPPORTUNITIES FUND II | Other Service Provider | $372,438 | — | $372,438 |
| BAIN CAPITAL ASIA FUND IV | Other Service Provider | $370,320 | — | $370,320 |
| BROOKFIELD SENIOR MEZZANINE REAL ES | Other Service Provider | $370,176 | — | $370,176 |
| NB STRATEGIC CO-INVEST PARTNERS I | Other Service Provider | $356,252 | — | $356,252 |
| CARLYLE PROPERTY INVESTORS | Other Service Provider | $353,713 | — | $353,713 |
| BARROW HANLEY MEWHINNEY & STRAUSS | Other Service Provider | $326,274 | — | $326,274 |
| THE COLUMN GROUP IV | Other Service Provider | $322,457 | — | $322,457 |
| GENSTAR CAPITAL PARTNERS VIII | Other Service Provider | $282,303 | — | $282,303 |
| H.I.G. BIOHEALTH PARTNERS III, L.P. | Other Service Provider | $280,103 | — | $280,103 |
| RUSSELL INVESTMENTS IMPLEMENTATION | Investment Advisor | $275,072 | — | $275,072 |
| NB CO INVEST III | Other Service Provider | $247,057 | — | $247,057 |
| BANK OF AMERICA | Other Service Provider | $231,321 | — | $231,321 |
| VOYA COMMERCIAL MORTGAGE LENDING FU | Other Service Provider | $225,385 | — | $225,385 |
| FTV IV LP | Other Service Provider | $214,135 | — | $214,135 |
| PATHLIGHT CAPITAL EVERGREEN FUND | Other Service Provider | $211,756 | — | $211,756 |
| CAP PARTNERS V LP | Other Service Provider | $210,000 | — | $210,000 |
| RELATED REAL ESTATE FD II | Other Service Provider | $209,725 | — | $209,725 |
| HCI EQUITY PARTNERS V | Other Service Provider | $206,296 | — | $206,296 |
| ATERIEN INVESTMENT PARTNERS IV | Other Service Provider | $192,827 | — | $192,827 |
| THE COLUMN GROUP V | Other Service Provider | $192,075 | — | $192,075 |
| RELATED REAL ESTATE FD IV | Other Service Provider | $181,919 | — | $181,919 |
| TRUE VENTURES SELECT VII | Other Service Provider | $173,475 | — | $173,475 |
| VOYA INVESTMENT MANAGEMENT CO | Other Service Provider | $172,450 | — | $172,450 |
| SUN CAPITAL PARTNERS VI LP | Other Service Provider | $169,847 | — | $169,847 |
| RESA RE ALLEGIS | Other Service Provider | $164,718 | — | $164,718 |
| ALLEGIS | Other Service Provider | $164,718 | — | $164,718 |
| WARREN AVERETT | Auditor | $164,500 | — | $164,500 |
| TRUE VENTURES SELECT IV, LP | Other Service Provider | $163,000 | — | $163,000 |
| CENTERBRIDGE CAPITAL PARTNERS III | Other Service Provider | $157,657 | — | $157,657 |
| CENTERBRIDGE CAPITAL PARTNERS IV | Other Service Provider | $156,772 | — | $156,772 |
| NB STRATEGIC CO-INVEST. PARTNERS IV | Other Service Provider | $155,321 | — | $155,321 |
| AUDAX PRIVATE EQUITY FD V | Other Service Provider | $146,256 | — | $146,256 |
| THE COLUMN GROUP OPPORTUNITY III | Other Service Provider | $143,293 | — | $143,293 |
| QUANTUM CAPITAL SOLUTIONS II CO-INV | Other Service Provider | $135,042 | — | $135,042 |
| JONES DAY | ERISA Attorney | $134,861 | — | $134,861 |
| RIVER VIII | Other Service Provider | $122,232 | — | $122,232 |
| PATHLIGHT CAPITAL FUND II | Other Service Provider | $120,250 | — | $120,250 |
| M SOUTH EQUITY PARTNERS III | Other Service Provider | $112,715 | — | $112,715 |
| PARKERGALE CAPITAL II, LP | Other Service Provider | $99,782 | — | $99,782 |
| ATERIAN INVESTMENT PARTNER, IV LP | Other Service Provider | $98,709 | — | $98,709 |
| ATERIAN INVESTMENT PARTNERS III LP | Other Service Provider | $86,959 | — | $86,959 |
| JFL EQUITY INVESTORS VI | Other Service Provider | $76,812 | — | $76,812 |
| ATERIEN INV PARTNERS IV | Other Service Provider | $75,607 | — | $75,607 |
| SMITH COMMUNICATION PARTNERS | Other Service Provider | $66,300 | — | $66,300 |
| RHUMBLINE ADVISORS | Other Service Provider | $63,686 | — | $63,686 |
| BASS, BERRY & SIMS PLC | ERISA Attorney | $61,194 | — | $61,194 |
| MAIN POST GROWTH CAPITAL LP | Other Service Provider | $60,976 | — | $60,976 |
| PONOI | Other Service Provider | $60,157 | — | $60,157 |
| FTV IV LP | Other Service Provider | $58,855 | — | $58,855 |
| FINANCIAL CREDIT INVESTMENT I, LP | Other Service Provider | $46,193 | — | $46,193 |
| SENTINEL CAPITAL PARTNERS VIII LP | Other Service Provider | $39,586 | — | $39,586 |
| SENTINEL CAPITAL PARTNERS, VII | Other Service Provider | $35,702 | — | $35,702 |
| EMERALD HILL CAPITAL PARTNERS III | Other Service Provider | $31,737 | — | $31,737 |
| SENTINAL JUNIOR CAPITAL II LP | Other Service Provider | $29,614 | — | $29,614 |
| ABEL NOSER SOLUTIONS LLC | Other Service Provider | $22,512 | — | $22,512 |
| EDISON PARTNERS IX, LP | Other Service Provider | $19,000 | — | $19,000 |
| BAIN CAPITAL ASIA FUND IV | Other Service Provider | $17,400 | — | $17,400 |
| WARBURG PINCUS GLOBAL GROWTH 14 | Other Service Provider | $15,374 | — | $15,374 |
| WARBURG PINCUS GLOBAL GROWTH LP | Other Service Provider | $13,374 | — | $13,374 |
| NB STRATEGIC CO INVESTORS II | Other Service Provider | $12,962 | — | $12,962 |
| PRICEWATERHOUSECOOPER LLP | Auditor | $11,502 | — | $11,502 |
| MCGUIRE WOODS | ERISA Attorney | $10,375 | — | $10,375 |
| SENTINEL CAPITAL PARTNERS VI | Other Service Provider | $9,577 | — | $9,577 |
| FINANCIAL CREDIT I LTD PART USD | Other Service Provider | $8,389 | — | $8,389 |
| PWC MGT CONSULTING CO LTD | Auditor | $5,775 | — | $5,775 |
| EDISON PARTNERS VII | Other Service Provider | $5,584 | — | $5,584 |
| INSTITUTIONAL LIMIT PARTNERS | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- JP MORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
- MORGAN STANLEY PRIME PROPERTY — Recordkeeper
- PRUDENTIAL PRISA — Recordkeeper
- JENNISON ASSOCIATES LLC — Recordkeeper
- JP MORGAN CHASE BANK NA — Custodian / Trustee
- RUSSELL INVESTMENTS IMPLEMENTATION — Investment Advisor
- WARREN AVERETT — Auditor
- JONES DAY — ERISA Attorney
- BASS, BERRY & SIMS PLC — ERISA Attorney
- PRICEWATERHOUSECOOPER LLP — Auditor
- MCGUIRE WOODS — ERISA Attorney
- PWC MGT CONSULTING CO LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,204,155
- Estimated Expense Ratio: 0.432% 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 | $79,073,082 | $57,779,978 | $62,014 | $164,976 | — |
| 2023 | $85,171,740 | $62,596,284 | $620,013 | — | — |
| 2022 | $82,992,261 | $71,454,878 | $3,789,363 | — | $2,074,036 |