The Southern Software, Inc. Employee Stock Ownership Plan — Form 5500 plan (Southern Software, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Southern Software, Inc. Employee Stock Ownership Plan is a benefit plan reported by Southern Software, Inc. under EIN 56-1648911 and plan number 002. The latest loaded filing year is 2023. The filing reports 98 participants and $31,130,400 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Software, Inc.
- EIN
- 56-1648911
- Plan number
- 002
- Plan type
- 2
- Location
- Southern Pines, NC
- Latest filing year
- 2023
- Participants
- 98
- End-of-year plan assets
- $31,130,400
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 98 | I | 20240719091651NAL0006633521001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $31,130,400
- Total liabilities (EOY)
- $511,809
- Net assets (EOY)
- $30,618,591
- Net assets (BOY)
- $20,636,391
Income & contributions
- Employer contributions
- $490,877
- Total income / additions
- $10,745,894
Expenses & distributions
- Benefits paid
- $722,817
- Total expenses
- $763,694
- Net increase / (decrease)
- $9,982,200
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.