401k Plan data: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN plan

MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan Name	MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN
Plan identification number	001

MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

SOUTHCO INDUSTRIES, INC. has sponsored the creation of one or more 401k plans.

Company Name: SOUTHCO INDUSTRIES, INC.

Employer identification number (EIN): 581638441

NAIC Classification: 331200

Additional information about SOUTHCO INDUSTRIES, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1983-05-31

Company Identification Number: G41409

Legal Registered Office Address: 5910 HWY AVE

JACKSONVILLE

32254

More information about SOUTHCO INDUSTRIES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01
001 2016-01-01
001 2015-01-01
001 2014-03-01 MOREHEAD PLAN ADMINISTRATORS 2015-10-14
001 2013-03-01 MOREHEAD PLAN ADMINISTRATORS 2014-09-24
001 2012-03-01 DENNIS GOFORTH
001 2011-03-01 DENNIS GOFORTH
001 2010-03-01 DENNIS GOFORTH
001 2009-03-01 DENNIS GOFORTH
001 2009-03-01 DENNIS GOFORTH

Plan Statistics for MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Measure Date Value
2012: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year 2012-03-01 108
Total number of active participants reported on line 7a of the Form 5500 2012-03-01 89
Number of retired or separated participants receiving benefits 2012-03-01 0
Number of other retired or separated participants entitled to future benefits 2012-03-01 13
Total of all active and inactive participants 2012-03-01 102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-03-01 0
Total participants 2012-03-01 102
Number of participants with account balances 2012-03-01 48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-03-01 0
2011: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year 2011-03-01 103
Total number of active participants reported on line 7a of the Form 5500 2011-03-01 86
Number of retired or separated participants receiving benefits 2011-03-01 0
Number of other retired or separated participants entitled to future benefits 2011-03-01 12
Total of all active and inactive participants 2011-03-01 98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-03-01 0
Total participants 2011-03-01 98
Number of participants with account balances 2011-03-01 51
2010: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year 2010-03-01 110
Total number of active participants reported on line 7a of the Form 5500 2010-03-01 93
Number of retired or separated participants receiving benefits 2010-03-01 0
Number of other retired or separated participants entitled to future benefits 2010-03-01 11
Total of all active and inactive participants 2010-03-01 104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-03-01 0
Total participants 2010-03-01 104
Number of participants with account balances 2010-03-01 55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-03-01 0
2009: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-03-01 119
Total number of active participants reported on line 7a of the Form 5500 2009-03-01 92
Number of retired or separated participants receiving benefits 2009-03-01 0
Number of other retired or separated participants entitled to future benefits 2009-03-01 13
Total of all active and inactive participants 2009-03-01 105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-03-01 0
Total participants 2009-03-01 105
Number of participants with account balances 2009-03-01 59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-03-01 0

Measure	Date	Value
2012: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year	2012-03-01	108
Total number of active participants reported on line 7a of the Form 5500	2012-03-01	89
Number of retired or separated participants receiving benefits	2012-03-01	0
Number of other retired or separated participants entitled to future benefits	2012-03-01	13
Total of all active and inactive participants	2012-03-01	102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-03-01	0
Total participants	2012-03-01	102
Number of participants with account balances	2012-03-01	48
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-03-01	0
2011: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year	2011-03-01	103
Total number of active participants reported on line 7a of the Form 5500	2011-03-01	86
Number of retired or separated participants receiving benefits	2011-03-01	0
Number of other retired or separated participants entitled to future benefits	2011-03-01	12
Total of all active and inactive participants	2011-03-01	98
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-03-01	0
Total participants	2011-03-01	98
Number of participants with account balances	2011-03-01	51
2010: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2010 401k membership
Total participants, beginning-of-year	2010-03-01	110
Total number of active participants reported on line 7a of the Form 5500	2010-03-01	93
Number of retired or separated participants receiving benefits	2010-03-01	0
Number of other retired or separated participants entitled to future benefits	2010-03-01	11
Total of all active and inactive participants	2010-03-01	104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-03-01	0
Total participants	2010-03-01	104
Number of participants with account balances	2010-03-01	55
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-03-01	0
2009: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-03-01	119
Total number of active participants reported on line 7a of the Form 5500	2009-03-01	92
Number of retired or separated participants receiving benefits	2009-03-01	0
Number of other retired or separated participants entitled to future benefits	2009-03-01	13
Total of all active and inactive participants	2009-03-01	105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-03-01	0
Total participants	2009-03-01	105
Number of participants with account balances	2009-03-01	59
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-03-01	0

Financial Data on MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

Measure	Date	Value
2013 : MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets	2013-02-28	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-02-28	$53
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2013-02-28	$130
Total income from all sources (including contributions)	2013-02-28	$173,346
Total loss/gain on sale of assets	2013-02-28	$0
Total of all expenses incurred	2013-02-28	$57,667
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2013-02-28	$40,924
Expenses. Certain deemed distributions of participant loans	2013-02-28	$1,074
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2013-02-28	$52,623
Value of total assets at end of year	2013-02-28	$1,503,712
Value of total assets at beginning of year	2013-02-28	$1,388,110
Total of administrative expenses incurred including professional, contract, advisory and management fees	2013-02-28	$15,669
Total interest from all sources	2013-02-28	$4,858
Total dividends received (eg from common stock, registered investment company shares)	2013-02-28	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2013-02-28	No
Was this plan covered by a fidelity bond	2013-02-28	Yes
Value of fidelity bond cover	2013-02-28	$250,000
If this is an individual account plan, was there a blackout period	2013-02-28	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2013-02-28	$0
Were there any nonexempt tranactions with any party-in-interest	2013-02-28	No
Contributions received from participants	2013-02-28	$42,844
Participant contributions at end of year	2013-02-28	$81,915
Participant contributions at beginning of year	2013-02-28	$74,388
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2013-02-28	$53
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2013-02-28	$130
Administrative expenses (other) incurred	2013-02-28	$1
Total non interest bearing cash at end of year	2013-02-28	$34
Total non interest bearing cash at beginning of year	2013-02-28	$112
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-02-28	No
Value of net income/loss	2013-02-28	$115,679
Value of net assets at end of year (total assets less liabilities)	2013-02-28	$1,503,659
Value of net assets at beginning of year (total assets less liabilities)	2013-02-28	$1,387,980
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2013-02-28	No
Were any loans by the plan or fixed income obligations due to the plan in default	2013-02-28	No
Were any leases to which the plan was party in default or uncollectible	2013-02-28	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2013-02-28	$1,318,122
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2013-02-28	$1,216,059
Interest on participant loans	2013-02-28	$4,405
Interest earned on other investments	2013-02-28	$453
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2013-02-28	$103,641
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2013-02-28	$97,551
Net investment gain/loss from pooled separate accounts	2013-02-28	$115,865
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2013-02-28	No
Was there a failure to transmit to the plan any participant contributions	2013-02-28	No
Has the plan failed to provide any benefit when due under the plan	2013-02-28	Yes
Contributions received in cash from employer	2013-02-28	$9,779
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2013-02-28	$40,924
Contract administrator fees	2013-02-28	$15,668
Did the plan have assets held for investment	2013-02-28	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2013-02-28	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2013-02-28	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2013-02-28	Yes
Opinion of an independent qualified public accountant for this plan	2013-02-28	Disclaimer
Accountancy firm name	2013-02-28	ELLIOTT DAVIS
Accountancy firm EIN	2013-02-28	570381582
2012 : MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets	2012-02-29	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-02-29	$130
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2012-02-29	$1,060
Total income from all sources (including contributions)	2012-02-29	$93,378
Total loss/gain on sale of assets	2012-02-29	$0
Total of all expenses incurred	2012-02-29	$99,622
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2012-02-29	$83,494
Expenses. Certain deemed distributions of participant loans	2012-02-29	$856
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2012-02-29	$70,499
Value of total assets at end of year	2012-02-29	$1,388,110
Value of total assets at beginning of year	2012-02-29	$1,395,284
Total of administrative expenses incurred including professional, contract, advisory and management fees	2012-02-29	$15,272
Total interest from all sources	2012-02-29	$5,323
Total dividends received (eg from common stock, registered investment company shares)	2012-02-29	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2012-02-29	No
Was this plan covered by a fidelity bond	2012-02-29	Yes
Value of fidelity bond cover	2012-02-29	$250,000
If this is an individual account plan, was there a blackout period	2012-02-29	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-02-29	$0
Were there any nonexempt tranactions with any party-in-interest	2012-02-29	No
Contributions received from participants	2012-02-29	$49,231
Participant contributions at end of year	2012-02-29	$74,388
Participant contributions at beginning of year	2012-02-29	$87,332
Income. Received or receivable in cash from other sources (including rollovers)	2012-02-29	$9,742
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2012-02-29	$130
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2012-02-29	$1,060
Administrative expenses (other) incurred	2012-02-29	$15,272
Total non interest bearing cash at end of year	2012-02-29	$112
Total non interest bearing cash at beginning of year	2012-02-29	$1,059
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-02-29	No
Value of net income/loss	2012-02-29	$-6,244
Value of net assets at end of year (total assets less liabilities)	2012-02-29	$1,387,980
Value of net assets at beginning of year (total assets less liabilities)	2012-02-29	$1,394,224
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2012-02-29	No
Were any loans by the plan or fixed income obligations due to the plan in default	2012-02-29	No
Were any leases to which the plan was party in default or uncollectible	2012-02-29	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2012-02-29	$1,216,059
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2012-02-29	$1,214,418
Interest on participant loans	2012-02-29	$4,688
Interest earned on other investments	2012-02-29	$635
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2012-02-29	$97,551
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2012-02-29	$92,475
Net investment gain/loss from pooled separate accounts	2012-02-29	$17,556
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2012-02-29	No
Was there a failure to transmit to the plan any participant contributions	2012-02-29	No
Has the plan failed to provide any benefit when due under the plan	2012-02-29	Yes
Contributions received in cash from employer	2012-02-29	$11,526
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2012-02-29	$83,494
Did the plan have assets held for investment	2012-02-29	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2012-02-29	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2012-02-29	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2012-02-29	Yes
Opinion of an independent qualified public accountant for this plan	2012-02-29	Disclaimer
Accountancy firm name	2012-02-29	ELLIOTT DAVIS
Accountancy firm EIN	2012-02-29	570381582
2011 : MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-02-28	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-02-28	$1,060
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-02-28	$4,034
Total income from all sources (including contributions)	2011-02-28	$272,447
Total loss/gain on sale of assets	2011-02-28	$0
Total of all expenses incurred	2011-02-28	$51,755
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-02-28	$37,378
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-02-28	$71,765
Value of total assets at end of year	2011-02-28	$1,395,284
Value of total assets at beginning of year	2011-02-28	$1,177,566
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-02-28	$14,377
Total interest from all sources	2011-02-28	$6,607
Total dividends received (eg from common stock, registered investment company shares)	2011-02-28	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-02-28	No
Was this plan covered by a fidelity bond	2011-02-28	Yes
Value of fidelity bond cover	2011-02-28	$250,000
If this is an individual account plan, was there a blackout period	2011-02-28	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-02-28	$0
Were there any nonexempt tranactions with any party-in-interest	2011-02-28	No
Contributions received from participants	2011-02-28	$58,160
Participant contributions at end of year	2011-02-28	$87,332
Participant contributions at beginning of year	2011-02-28	$82,376
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-02-28	$1,060
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-02-28	$4,034
Total non interest bearing cash at end of year	2011-02-28	$1,059
Total non interest bearing cash at beginning of year	2011-02-28	$4,224
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-02-28	No
Value of net income/loss	2011-02-28	$220,692
Value of net assets at end of year (total assets less liabilities)	2011-02-28	$1,394,224
Value of net assets at beginning of year (total assets less liabilities)	2011-02-28	$1,173,532
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-02-28	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-02-28	No
Were any leases to which the plan was party in default or uncollectible	2011-02-28	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-02-28	$1,214,418
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-02-28	$1,010,055
Interest on participant loans	2011-02-28	$5,535
Interest earned on other investments	2011-02-28	$1,072
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2011-02-28	$92,475
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year	2011-02-28	$80,911
Net investment gain/loss from pooled separate accounts	2011-02-28	$194,075
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-02-28	No
Was there a failure to transmit to the plan any participant contributions	2011-02-28	No
Has the plan failed to provide any benefit when due under the plan	2011-02-28	Yes
Contributions received in cash from employer	2011-02-28	$13,605
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-02-28	$37,378
Contract administrator fees	2011-02-28	$14,377
Did the plan have assets held for investment	2011-02-28	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-02-28	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-02-28	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-02-28	Yes
Opinion of an independent qualified public accountant for this plan	2011-02-28	Disclaimer
Accountancy firm name	2011-02-28	ELLIOTT DAVIS
Accountancy firm EIN	2011-02-28	570381582
2010 : MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2010 401k financial data
Total unrealized appreciation/depreciation of assets	2010-02-28	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-02-28	$4,034
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-02-28	$8,656
Total income from all sources (including contributions)	2010-02-28	$378,504
Total loss/gain on sale of assets	2010-02-28	$0
Total of all expenses incurred	2010-02-28	$59,930
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-02-28	$47,422
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-02-28	$64,127
Value of total assets at end of year	2010-02-28	$1,177,566
Value of total assets at beginning of year	2010-02-28	$863,614
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-02-28	$12,508
Total interest from all sources	2010-02-28	$8,293
Total dividends received (eg from common stock, registered investment company shares)	2010-02-28	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-02-28	No
Was this plan covered by a fidelity bond	2010-02-28	Yes
Value of fidelity bond cover	2010-02-28	$250,000
If this is an individual account plan, was there a blackout period	2010-02-28	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-02-28	$0
Were there any nonexempt tranactions with any party-in-interest	2010-02-28	No
Contributions received from participants	2010-02-28	$51,877
Participant contributions at end of year	2010-02-28	$82,376
Participant contributions at beginning of year	2010-02-28	$78,820
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2010-02-28	$4,034
Other income not declared elsewhere	2010-02-28	$174
Liabilities. Value of operating payables at beginning of year	2010-02-28	$8,656
Total non interest bearing cash at end of year	2010-02-28	$4,224
Total non interest bearing cash at beginning of year	2010-02-28	$8,672
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-02-28	No
Value of net income/loss	2010-02-28	$318,574
Value of net assets at end of year (total assets less liabilities)	2010-02-28	$1,173,532
Value of net assets at beginning of year (total assets less liabilities)	2010-02-28	$854,958
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-02-28	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-02-28	No
Were any leases to which the plan was party in default or uncollectible	2010-02-28	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-02-28	$77,994
Value of interest in pooled separate accounts at end of year	2010-02-28	$1,010,055
Value of interest in pooled separate accounts at beginning of year	2010-02-28	$698,128
Interest on participant loans	2010-02-28	$5,916
Interest earned on other investments	2010-02-28	$2,377
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2010-02-28	$80,911
Net investment gain/loss from pooled separate accounts	2010-02-28	$305,910
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-02-28	No
Was there a failure to transmit to the plan any participant contributions	2010-02-28	No
Has the plan failed to provide any benefit when due under the plan	2010-02-28	Yes
Contributions received in cash from employer	2010-02-28	$12,250
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-02-28	$47,422
Contract administrator fees	2010-02-28	$12,508
Did the plan have assets held for investment	2010-02-28	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-02-28	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-02-28	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-02-28	Yes
Opinion of an independent qualified public accountant for this plan	2010-02-28	Disclaimer
Accountancy firm name	2010-02-28	ELLIOTT DAVIS
Accountancy firm EIN	2010-02-28	570381582

Form 5500 Responses for MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN

2012: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2012 form 5500 responses
2012-03-01	Type of plan entity	Single employer plan
2012-03-01	Submission has been amended	No
2012-03-01	This submission is the final filing	No
2012-03-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-03-01	Plan is a collectively bargained plan	No
2012-03-01	Plan funding arrangement – Insurance	Yes
2012-03-01	Plan funding arrangement – Trust	Yes
2012-03-01	Plan benefit arrangement – Insurance	Yes
2012-03-01	Plan benefit arrangement - Trust	Yes
2011: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2011 form 5500 responses
2011-03-01	Type of plan entity	Single employer plan
2011-03-01	Submission has been amended	No
2011-03-01	This submission is the final filing	No
2011-03-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-03-01	Plan is a collectively bargained plan	No
2011-03-01	Plan funding arrangement – Insurance	Yes
2011-03-01	Plan funding arrangement – Trust	Yes
2011-03-01	Plan benefit arrangement – Insurance	Yes
2011-03-01	Plan benefit arrangement - Trust	Yes
2010: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2010 form 5500 responses
2010-03-01	Type of plan entity	Single employer plan
2010-03-01	Submission has been amended	No
2010-03-01	This submission is the final filing	No
2010-03-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-03-01	Plan is a collectively bargained plan	No
2010-03-01	Plan funding arrangement – Insurance	Yes
2010-03-01	Plan funding arrangement – Trust	Yes
2010-03-01	Plan benefit arrangement – Insurance	Yes
2010-03-01	Plan benefit arrangement - Trust	Yes
2009: MID SOUTH MANAGEMENT, INC./SOUTHCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN 2009 form 5500 responses
2009-03-01	Type of plan entity	Single employer plan
2009-03-01	Submission has been amended	Yes
2009-03-01	This submission is the final filing	No
2009-03-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-03-01	Plan is a collectively bargained plan	No
2009-03-01	Plan funding arrangement – Insurance	Yes
2009-03-01	Plan funding arrangement – Trust	Yes
2009-03-01	Plan benefit arrangement – Insurance	Yes
2009-03-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

61650

Policy instance

Insurance contract or identification number	61650
Number of Individuals Covered	48
Insurance policy start date	2012-03-01
Insurance policy end date	2013-02-28
Total amount of commissions paid to insurance broker	USD $8,759
Total amount of fees paid to insurance company	USD $698
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $8,759
Insurance broker organization code?	3
Amount paid for insurance broker fees	698
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker name	ALLIANCE BENEFIT GROUP - PENTEGRA

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

61650

Policy instance

Insurance contract or identification number	61650
Number of Individuals Covered	51
Insurance policy start date	2011-03-01
Insurance policy end date	2012-02-29
Total amount of commissions paid to insurance broker	USD $8,554
Total amount of fees paid to insurance company	USD $758
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

61650

Policy instance

Insurance contract or identification number	61650
Number of Individuals Covered	55
Insurance policy start date	2010-03-01
Insurance policy end date	2011-02-28
Total amount of commissions paid to insurance broker	USD $7,225
Total amount of fees paid to insurance company	USD $568
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

61650

Policy instance

Insurance contract or identification number	61650
Number of Individuals Covered	77
Insurance policy start date	2009-03-01
Insurance policy end date	2010-02-28
Total amount of commissions paid to insurance broker	USD $6,709
Total amount of fees paid to insurance company	USD $427
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	Yes
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $6,709
Insurance broker organization code?	3
Amount paid for insurance broker fees	427
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker name	RETIREMENT PLAN ADVANTAGE, LLC

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The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
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Company Name:	SOUTHCO INDUSTRIES, INC.
Employer identification number (EIN):	581638441
NAIC Classification:	331200

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1983-05-31
Company Identification Number:	G41409
Legal Registered Office Address:	5910 HWY AVE JACKSONVILLE 32254

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2018-01-01
001	2017-01-01
001	2016-01-01
001	2015-01-01
001	2014-03-01	MOREHEAD PLAN ADMINISTRATORS	2015-10-14
001	2013-03-01	MOREHEAD PLAN ADMINISTRATORS	2014-09-24
001	2012-03-01	DENNIS GOFORTH
001	2011-03-01	DENNIS GOFORTH
001	2010-03-01	DENNIS GOFORTH
001	2009-03-01	DENNIS GOFORTH
001	2009-03-01	DENNIS GOFORTH