Southern Management Companies 401(k) match, vesting and fees
What Southern Management Companies' 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 | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 136 defined-contribution plans in real estate and rental and leasing with 1,000 to 4,999 participants.
| Southern Management Companies: employer contribution per participant | $1,406 | |
| Peer median | $1,502 |
| Southern Management Companies: average balance | $46,221 | |
| Peer median | $49,651 |
| Southern Management Companies: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.22% |
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 $83.9M at the end of plan year 2023 to $91.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,765 | $91.7M | $2.8M | $1,406 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 2,625 | $83.9M | $2.7M | $1,396 | 0.29% | Not published | Form 5500 ↗ |
Common questions
Does Southern Management Companies match 401(k) contributions?
The match terms for the Southern Management Companies LLC 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $2.8M in employer contributions, about $1,406 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southern Management Companies 401(k) match vested?
The vesting schedule for the Southern Management Companies LLC 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southern Management Companies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Southern Management Companies LLC.
I left Southern Management Companies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southern Management Companies LLC, (703) 902-2000) or the recordkeeper, The Vanguard Group, Inc.. The Southern Management Companies old 401(k) page lists the contacts from every plan filing. Find an old Southern Management Companies 401(k)
Data from the public Form 5500 annual reports Southern Management Companies filed with the U.S. Department of Labor (plan years 2023 and 2024) 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 Management Companies. Not financial advice. Report a correction · Methodology