Southern Development Management Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Southern Development Management Company, Inc. 401(k) Plan Facts

Plan name
SOUTHERN DEVELOPMENT MANAGEMENT COMPANY, INC. 401(K) SALARY REDUCTION PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTHERN DEVELOPMENT MANAGEMENT CO., INC.
Participants
116 (121 active employees)
Plan assets
$5,896,195 at Dec 31, 2024
Average account balance
$52,179 across 113 accounts
Employer contributions
$212,410 in plan year 2024 (38% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $565,234 went into the plan in contributions, $212,410 of it from the employer (38%).
  • $235,232 was paid out to participants.
  • Investment and other income added $637,467.

How the Southern Development Management Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019109$3.38 million$152,051$339,065
2020114$3.95 million$169,099$314,948
2021116$4.65 million$168,299$232,646
2022105$3.99 million$168,663$467,694
202399$4.93 million$175,600$105,759
2024116$5.90 million$212,410$235,232

Southern Development Management Company, Inc. 401(k) Contact Information

Phone
803-808-3966
Mailing address
1403 JARET COURT, WEST COLUMBIA SC 29169
Plan sponsor
SOUTHERN DEVELOPMENT MANAGEMENT CO., INC.
Employer identification number (EIN)
57-0884962
Plan number
001

Questions about the Southern Development Management Company, Inc. 401(k)

Does Southern Development Management Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $212,410, 38% of all contributions.

Does the Southern Development Management Company, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Southern Development Management Company, Inc 401(k) plan?

116 participants at the start of plan year 2024, 121 of them active employees.

What is the average 401(k) balance at Southern Development Management Company, Inc?

About $52,179 per account: $5.90 million in plan assets across 113 accounts with a balance at the end of plan year 2024.

Who manages the Southern Development Management Company, Inc 401(k) accounts?

Pentegra Retirement Services is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Southern Development Management Company, Inc. How do I access my 401(k)?

Your account stays with Pentegra Retirement Services after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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