said by mackey:SO cable as the "feeder" (100A no less),
The SO cord is more than fine, as it is in conduit. However, it must be large enough to support the 125A breaker upstream. The 100A breaker is not a problem either, although that means the continuous capacity in the trailer is 80A. Note there are separate ground & neutral blocks as required.
On the other hand, it has all the appearance of a handy-man special. Or perhaps, the SO cord was used temporarily, and then rather then spending money on new wire, it was simply run through the conduit and used. Hopefully, proper conduit fill calculations were done. (You won't find this in the tables in the back of the NEC.)