# Southern Power Systems, INC 401(k) Plan
Source: https://planprovider.pro/companies/southern-power-systems-inc-401k-plan

> Southern Power Systems, INC's 401(k) plan: 110 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Southern Power Systems, INC

- **Sponsor EIN:** 721273495

- **Sponsor Address:** 8501 JOOR ROAD, BATON ROUGE, LA, 70818

- **Plan Type:** 401(k)

- **Total Participants:** 110

- **Total Assets:** $10.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|110|$10.5M|$440,980|$453,136|

| 2023|109|$8.9M|$538,653|$766,203|

| 2022|98|$6.8M|$566,379|$647,729|

## 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|

| KUSHNER LAGRAIZE, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [KUSHNER LAGRAIZE, LLC](https://planprovider.pro/provider/kushner-lagraize-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$55,052|$4,923|$2,000|—|—|

| 2023|$44,119|$3,739|$40,380|—|—|

| 2022|$39,296|—|—|—|$39,296|

## Similar Plans

- [Adriatic Marine, L.L.C.](https://planprovider.pro/companies/adriatic-marine-l-l-c-401k-plan) — 135 participants

- [Alfred Conhagen, INC. Of La](https://planprovider.pro/companies/alfred-conhagen-inc-of-la-401k-plan) — 140 participants

- [C & C Marine And Repair, L.L.C.](https://planprovider.pro/companies/c-c-marine-and-repair-l-l-c-401k-plan) — 143 participants

- [Howell Industries, INC.](https://planprovider.pro/companies/howell-industries-inc-401k-plan) — 63 participants

- [G.E.O. Heat Exchangers, LLC](https://planprovider.pro/companies/g-e-o-heat-exchangers-l-l-c-401k-plan) — 165 participants

- [Webster Machine Works, LLC](https://planprovider.pro/companies/webster-machine-works-llc-401k-plan) — 47 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/southern-power-systems-inc-401k-plan)

© 2026 PlanProvider.Pro