Plan Ledger DOL Form 5500 · updated monthly

Southwire Company, LLC401(k)

SOUTHWIRE COMPANY SALARIED 401(K) PLAN · CARROLLTON, GA · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Southwire Company, LLC reported $742,443 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,837 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.14% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 78th-largest of 2,160 plans among Georgia employers on file, and the 563rd of 13,661 in manufacturing. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$506,041,865
Participants with balances2,810
Active participants2,347
Employer contributions$9,005,744
Employee contributions$27,287,902
Employer contribution per active participant$3,837
Average account balance$180,086
Benefits paid to participants$47,731,805
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$506.0M · 2,810 accts · $9.0M emplr
2023$447.5M · 2,808 accts · $19.7M emplr
2022$360.8M · 2,612 accts · $17.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$407,758
Investment management$334,685
Total administrative$742,443
The Southwire Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,837
Median for plans this size$4,294
2024$3,837 per active participant
2023$8,354 per active participant
2022$8,106 per active participant

Southwire Company, LLC's 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$407,758
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$264,559
CAPTRUST · Investment advisory (plan)$70,125

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$742,443 · 0.16%
2023$522,941 · 0.13%
2022$523,615 · 0.14%
All plans at this employer3
SOUTHWIRE COMPANY HOURLY 401(K) PLAN401(k)
SOUTHWIRE COMPANY SALARIED 401(K) PLAN401(k)
COLEMAN CABLE UNION 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Agco Corporation GA$757.3M · 0.08%
J.M. Huber Corporation GA$713.6M · 0.13%
The Quikrete Companies GA$622.1M · 0.20%
Rheem Manufacturing Company GA$469.1M · 0.17%
Printpack, Inc. GA$460.6M · 0.15%
Valmet Inc. GA$431.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582020515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.