Southern Pipe & Supply 401(k) match, vesting and fees
What Southern Pipe & Supply'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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Horne 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 348 defined-contribution plans in wholesale trade with 1,000 to 4,999 participants.
| Southern Pipe & Supply: employer contribution per participant | $1,735 | |
| Peer median | $2,066 |
| Southern Pipe & Supply: average balance | $79,313 | |
| Peer median | $77,876 |
| Southern Pipe & Supply: admin expenses ÷ assets | 0.46% | |
| Peer median | 0.14% |
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 $79.2M at the end of plan year 2021 to $101M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,309 | $101M | $2.2M | $1,735 | 0.46% | Not published | Form 5500 ↗ |
| 2023 | 1,277 | $86.5M | $1.9M | $1,549 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 1,218 | $70.5M | $1.8M | $1,517 | 0.43% | Not published | Form 5500 ↗ |
| 2021 | 1,162 | $79.2M | $1.5M | $1,323 | 0.44% | Not published | Form 5500 ↗ |
Common questions
Does Southern Pipe & Supply match 401(k) contributions?
The match terms for the Southern Pipe & Supply Co., Inc. 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $2.2M in employer contributions, about $1,735 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southern Pipe & Supply 401(k) match vested?
The vesting schedule for the Southern Pipe & Supply Co., Inc. 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southern Pipe & Supply 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Southern Pipe & Supply Co., Inc..
I left Southern Pipe & Supply. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Southern Pipe & Supply Co., Inc., (601) 485-0062) or the recordkeeper, Principal Life Insurance Company. The Southern Pipe & Supply old 401(k) page lists the contacts from every plan filing. Find an old Southern Pipe & Supply 401(k)
Data from the public Form 5500 annual reports Southern Pipe & Supply filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Pipe & Supply. Not financial advice. Report a correction · Methodology