Pension Plan for Employees of Southco, Inc.
Corporate pension, based in Concordville, Pennsylvania, reporting $148M in assets, for 1,155 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Goldman Sachs Asset Management no longer appears on Pension Plan for Employees of Southco, Inc.'s Schedule C as investment adviser (plan) (plan year 2024 vs 2023).
Relationship network
4 connected entities
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
- Sponsor
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Non-interest-bearing cash 1.3%
- Corporate debt instruments (other) 82.5%
- U.S. Government securities 8.8%
- Other investments 0.0%
- Registered investment companies 7.5%
Consultants and advisers
- Non-Us Equity Managers Investment adviser (plan)through Dec 31, 2022 Form 5500
- Korn Ferry Actuarythrough Dec 31, 2022 Form 5500
People
Manager roster
What changed
- Dec 31, 2024Consultant changedinferenceGoldman Sachs Asset Management no longer appears on Pension Plan for Employees of Southco, Inc.'s Schedule C as investment adviser (plan) (plan year 2024 vs 2023)with Non-Us Equity Managersaskebsa.dol.gov
- Jan 1, 2024Funded status changedPension Plan for Employees of Southco, Inc. funded ratio 98.5% -> 107.8% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedPension Plan for Employees of Southco, Inc. funded ratio 137.8% -> 98.5% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedPension Plan for Employees of Southco, Inc. plan assets $201M -> $149M (-25.9%, 2022-01-01 to 2023-01-01)
Commitments
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,155 | $157M | $146M | 107.8% | $148M | Not disclosed | Not disclosed | Not disclosed |
| 2023 to Dec 31, 2023 | 1,176 | $149M | $151M | 98.5% | $157M | Not disclosed | Not disclosed | Not disclosed |
| 2022 to Dec 31, 2022 | 1,195 | $201M | $146M | 137.8% | $149M | Not disclosed | Not disclosed | Not disclosed |
- Schwab Retirement Plan Services codes 14 $120,967 PY2024
- Korn Ferry codes 11 $10,950 PY2024
- Korn Ferry, Inc. codes 11 PY2024
+4 more service providers
Every name, record and relationship behind this count, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Provenance
Provenance
Not yet on record: fund commitments, managers.
Record history
- Consultant changed2024-12-31source on record
- Funded status changed2024-01-01source on record
- Funded status changed2023-01-01source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+3 connections on the graph
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.