401(k) · DOL Form 5500 · 2022
Southern Bancshares, Inc. 401(k) Plan
Data updated 2026-08-25
- $15M
- Total assets Small plan by assets
- 131
- Participants Small participant base
- 73rd
- Percentile by assets National rank
- $117,853
- Avg per participant Below avg balance/head
Official DOL plan name: The Southern Bancshares 401(k) Plan · Sponsored by Southern Bancshares, Inc. · Texas · Finance & Insurance
$15M in assets, 131 participants
Southern Bancshares, Inc.'s The Southern Bancshares 401(k) Plan reported $15M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- #5,382 in Finance & Insurance (9,261 peers)
Coverage in Texas
The Southern Bancshares 401(k) Plan covers 131 participants in Texas, about 19% of the average Texas filer (state average ~688 per filing). Assets: $15M.
- #5,382
- in Finance & Insurance (9,261 peers)
- -19.5%
- assets change YoY
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Southern Bancshares 401(k) Plan's outsized position by total assets
The Southern Bancshares 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$15,438,782 Top 27% higher than 73% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
The Southern Bancshares 401(k) Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Southern Bancshares 401(k) Plan sits mid-pack in the medium band (131 participants).
Form 5500 schedule snapshot
Filing strip 742224807 · Southern Bancshares, Inc. PY 2022 · 401(k)
The Southern Bancshares 401(k) Plan · $15M · 131 · 73rd
- PHOTO $15M
- PHOTO 131
- PHOTO 73rd
- PHOTO 401(k)
- PHOTO near Good's Store, Inc. Profit Sharing Plan
- PHOTO ind #5382
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →
The Southern Bancshares 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $19M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$4M |
| Employer EIN | 742224807 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Bancshares, Inc.)
Sponsor-wide plan assets over time
All Southern Bancshares, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 40.956611732713114% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 131 | $15M |
| 2023 | 1 | 142 | $19M |
| 2024 | 1 | 141 | $22M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
The Southern Bancshares 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Good's Store, Inc. Profit Sharing Plan in PA ($15M); by covered participants it is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($15M here).
- Good's Store, Inc. Profit Sharing Plan (PA) $15M · 143
- The Contractors Retirement Plan (CA) $15M · 129
- O. E. Meyer Co. 401(k) Plan (OH) $15M · 92
- Asapp Inc. 401(k) Plan (NY) $15M · 207
Similar participant headcount
Nearest other-state filings by covered participants (131 participants); asset peers above are excluded.
- Premium Brands Holdings Corporation Retirement Plan (WA) 131 · 0 off
- Tsuda USA 401(k) Plan (IN) 131 · 0 off
- Toxikon Retirement 401(k) Profit Sharing Plan (MA) 131 · 0 off
- Monmouth Cardiology Associates, LLC 401(k) Plan (NJ) 131 · 0 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.