Plan5500

Health And Welfare Plan For Retirees & Inactive Employees Of Southern Company Gas — Form 5500 plan (Southern Company Services, 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, Health And Welfare Plan For Retirees & Inactive Employees Of Southern Company Gas is a benefit plan reported by Southern Company Services, Inc. under EIN 63-0274273 and plan number 802. The latest loaded filing year is 2023. The filing reports 3,074 participants and $119,508,223 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$119MPlan net assets, end of year$119,031,436
Participants3.1KCovered participants reported3,074
Assets / participant$38.9KComputed: assets ÷ participants$38,877 (computed)
Provider compensation$2.4M5 Schedule C provider row(s)$2,381,464
Plan sponsor
Southern Company Services, Inc.
EIN
63-0274273
Plan number
802
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    3,074 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$119.5M total assets
Net assets$119MLiabilities$476.8K
Money in vs. money out
Total income / additions$44M
Total expenses$29.3M
Benefits paid / distributions$25.8M
Contributions
Employer$19.9M
Participant$4.1M
Full reported line items

Net assets

Total assets (EOY)
$119,508,223
Total liabilities (EOY)
$476,787
Net assets (EOY)
$119,031,436
Net assets (BOY)
$104,277,121

Income & contributions

Employer contributions
$19,946,854
Participant contributions
$4,137,933
Total contributions
$24,804,004
Total income / additions
$44,040,205

Expenses & distributions

Benefits paid
$25,774,724
Administrative expenses
$3,511,166
Total expenses
$29,285,890
Net increase / (decrease)
$14,754,315
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 83%Participant 17%
Total expenses ÷ net assets25%Computed ratio
Benefits paid ÷ total income59%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Blue Cross And Blue Shield Of Il$1.8M
    NONE · Direct $1.8M
  2. 2
    Umr$260.5K
    NONE · Direct $260.5K
  3. 3
    Crendence Blue Cross And Blue Shiel$164.1K
    NONE · Direct $164.1K
  4. 4
    Express Scripts$133.9K
    NONE · Direct $133.9K
  5. 5
    Caremark,Inc.$18.1K
    NONE · Direct $18.1K

Related Form 5500 pages