Employer · plans filed under one EIN
Southern Company Services, Inc.
Atlanta, GA · Utilities
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Southern Company Services, Inc., based in Atlanta, Georgia, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 93,775 participant records and $24.3B in net assets.
The largest is The Southern Company Pension Plan, a defined benefit pension plan with 58,166 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $135M and participant contributions $285M in the latest plan years; benefits paid were $1.54B. Schedule C compensation reported to service provider organisations totalled $67.1M.
Combined net assets moved from $9.73B in 2009 to $24.3B in 2024 (up 150%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| The Southern Company Pension Plan | defined benefit pension plan | 2024 | 58,166 | $15.0B | $257,844 | — | $65.5M |
| The Southern Company Employee Savings Plan | ESOP with a 401(k) feature | 2024 | 35,609 | $9.30B | $261,172 | $4,817 | $1.7M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 93,775 | $24.3B | $135M | $285M |
| 2023 | 2 | 93,045 | $23.5B | $129M | $273M |
| 2022 | 2 | 92,023 | $22.4B | $122M | $257M |
| 2021 | 2 | 91,123 | $26.5B | $117M | $247M |
| 2020 | 2 | 91,313 | $23.9B | $119M | $243M |
| 2019 | 2 | 91,126 | $22.0B | $1.25B | $222M |
| 2018 | 2 | 92,050 | $18.2B | $116M | $225M |
| 2017 | 2 | 85,577 | $19.3B | $96.0M | $188M |
| 2016 | 2 | 81,814 | $16.6B | $996M | $185M |
| 2015 | 2 | 80,989 | $14.9B | $91.8M | $176M |
| 2014 | 2 | 81,751 | $15.6B | $587M | $166M |
| 2013 | 2 | 81,296 | $14.1B | $84.4M | $162M |
| 2012 | 2 | 79,748 | $13.0B | $527M | $157M |
| 2011 | 2 | 78,412 | $11.8B | $78.1M | $148M |
| 2010 | 2 | 77,649 | $11.5B | $696M | $148M |
| 2009 | 2 | 78,033 | $9.73B | $78.2M | $150M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Alight Solutions LLC | Recordkeeping and information management | 1 | $2,966,401 |
| JP Morgan Investment Management Inc. | Investment management; Investment advisory (plan) | 1 | $2,873,570 |
| Mondrian Investment Partners | Investment management | 1 | $2,660,662 |
| Aberdeen Investments Inc. | Investment management | 1 | $2,428,669 |
| Invesco Advisers, Inc. | Investment management | 1 | $2,334,816 |
| Pacific Investment Mgmt,inc (Pimco) | Investment management | 1 | $2,084,567 |
| Morgan Stanley Prime Property | Investment management | 1 | $2,012,641 |
| Southern Company Services | Plan Administrator | 1 | $1,775,218 |
| T. Rowe Price Associates Inc. | Investment management | 1 | $1,734,510 |
| Prudential Prisa | Investment management | 1 | $1,624,390 |
| Merrill Lynch, Pierce, Fenner and S | Recordkeeping and information management | 1 | $1,594,946 |
| Driehaus Capital Management LLC | Investment management | 1 | $1,580,201 |
| Hig Growth & Buyouts Equity FD III | Investment management | 1 | $1,575,328 |
| Warren Averett LLC | — | 1 | $32,500 |
| Gallagher Fiduciary Advisors, LLC | — | 1 | $30,000 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Southern Company Services, Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: The Southern Company Pension Plan and The Southern Company Employee Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Southern Company Services, Inc. contribute to its plans?
$135,260,890 in employer contributions across these plans in their latest plan years, about $2,484 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Alight Solutions LLC, JP Morgan Investment Management Inc., Mondrian Investment Partners and Aberdeen Investments Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.