Southern Towning Company, Llc 401(k) Plan: Login, Facts & Contact Information

Southern Towning Company, Llc 401(k) Plan Facts

Plan name
THE SOUTHERN DEVALL GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTHERN TOWING COMPANY
Participants
718 (647 active employees)
Former employees with a balance
86
Plan assets
$70,542,350 at Dec 31, 2024
Average account balance
$99,918 across 706 accounts
Employer contributions
$3,295,882 in plan year 2024 (37% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1979
✓ 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 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.81 million went into the plan in contributions, $3.30 million of it from the employer (37%).
  • $6.42 million was paid out to participants.
  • Investment and other income added $7.44 million.
  • Administrative expenses were $32,777, about $46 per account.

How the Southern Towning Company, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019316$21.3 million$1.09 million$1.48 million
2020345$22.5 million$1.17 million$4.06 million
2021350$24.1 million$1.15 million$4.12 million
2022758$49.8 million$2.74 million$3.77 million
2023749$59.2 million$3.06 million$6.64 million
2024718$70.5 million$3.30 million$6.42 million

Southern Towning Company, Llc 401(k) Contact Information

Phone
901-270-6802
Mailing address
2244 SWISCO RD, SULPHUR LA 70665
Plan sponsor
SOUTHERN TOWING COMPANY
Employer identification number (EIN)
62-0646123
Plan number
002

Questions about the Southern Towning Company, Llc 401(k)

Does Southern Towning Company, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.30 million, 37% of all contributions.

Does the Southern Towning Company, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Southern Towning Company, Llc 401(k) plan?

718 participants at the start of plan year 2024, 647 of them active employees, and 86 former employees who still had money in the plan.

What is the average 401(k) balance at Southern Towning Company, Llc?

About $99,918 per account: $70.5 million in plan assets across 706 accounts with a balance at the end of plan year 2024.

Who manages the Southern Towning Company, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Southern Towning Company, Llc. How do I access my 401(k)?

Your account stays with Principal 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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