Southern States 401(k) match, vesting and fees
What Southern States' 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 | Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Smith & Howard (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Southern States: employer contribution per participant | $1,156 | |
| Peer median | $1,847 |
| Southern States: average balance | $35,269 | |
| Peer median | $65,512 |
| Southern States: admin expenses ÷ assets | 0.54% | |
| Peer median | 0.32% |
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 $4M at the end of plan year 2021 to $5.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 266 | $5.1M | $166K | $1,156 | 0.54% | Not published | Form 5500 ↗ |
| 2023 | 213 | $4.4M | $153K | $1,115 | 0.70% | Not published | Form 5500 ↗ |
| 2022 | 132 | $3.7M | $146K | $1,106 | 0.49% | Not published | Form 5500 ↗ |
| 2021 | 237 | $4M | $139K | $965 | 0.46% | Not published | Form 5500 ↗ |
Other Southern States plans (3)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Southern States, LLC Salaried Employees Savings 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 | The Vanguard Group | Schedule C ↗ |
| Independent auditor | Smith & Howard. PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Southern States, LLC Hourly Employees' Retirement 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.
| Independent auditor | Smith & Howard, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Southern States, LLC Salaried Employees' Retirement 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.
| Independent auditor | Smith & Howard, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Southern States match 401(k) contributions?
The match terms for the Southern States, LLC Hourly Employees Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $166K in employer contributions, about $1,156 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Southern States 401(k) match vested?
The vesting schedule for the Southern States, LLC Hourly Employees Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Southern States 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Vanguard Group, Inc.. The plan administrator is Tommy Horst.
I left Southern States. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tommy Horst, (865) 966-1225) or the recordkeeper, Vanguard Group, Inc.. The Southern States old 401(k) page lists the contacts from every plan filing. Find an old Southern States 401(k)
Data from the public Form 5500 annual reports Southern States 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 States. Not financial advice. Report a correction · Methodology