Southern Company 401(k) match, vesting and fees
What Southern Company's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Warren Averett (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 49 defined-contribution plans with 10,000 to 49,999 participants.
| Southern Company: employer contribution per participant | $4,032 | |
| Peer median | $2,223 |
| Southern Company: average balance | $283,999 | |
| Peer median | $94,186 |
| Southern Company: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $8.7B at the end of plan year 2021 to $10.3B at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 36,818 | $10.3B | $146M | $4,032 | 0.02% | Not published | Form 5500 ↗ |
| 2024 | 35,609 | $9.3B | $135M | $3,881 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 35,497 | $8.4B | $129M | $3,706 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 35,219 | $7.8B | $122M | $3,541 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 34,506 | $8.7B | $117M | $3,480 | 0.01% | Not published | Form 5500 ↗ |
Other Southern Company plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Southern Company Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Alight Solutions LLC | Schedule C ↗ |
| Independent auditor | Warren Averett (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Southern Company match 401(k) contributions?
The match terms for the The Southern Company Employee Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $146M in employer contributions, about $4,032 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southern Company 401(k) match vested?
The vesting schedule for the The Southern Company Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southern Company 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Southern Company Savings Plan Comm.
I left Southern Company. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southern Company Savings Plan Comm, (404) 506-5000) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Southern Company old 401(k) page lists the contacts from every plan filing. Find an old Southern Company 401(k)
Data from the public Form 5500 annual reports Southern Company filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Southern Company. Not financial advice. Report a correction · Methodology