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Company:
Southern Company Services, Inc.
Plan:
Southern Company Employee Savings Plan
 

Southern Company Services, Inc.

78 Plan:

 
 
78
43
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (78) and the top rated plan (91) could equate to:
[How is this calculated?]
10 additional years of work
Up to $68,300 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Southern Company Employee Savings Plan is a defined contribution plan with a stock bonus component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Southern Company Employee Savings Plan currently has over 29,200 active participants and over $4.4B in plan assets.

 

 Retirement Plan Details

Address Bin Sc900
Atlanta, GA 30308 
Industry Utilities
Administrator Tim Fallaw
Net Plan Assets $4,420,000,000
Total Participants 29,000
Avg Account Balance $150,000

 Compare Other Companies in Peer Group

Exelon 81.1
Edison International 80.5
Entergy 79.6
PG&E 77.1
Consolidated Edison Company of New... 73.6
National Rural Electric... 72.6

 Top 3 Funds in this 401k

1. The Southern Company Common Stock 49%
2. Bank of America Fixed Fund 16%
3. Bank of America Equity Index Trust 13%

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Babush, Neiman, Kornman & Johnson

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