Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Southern Mississippi Planning and Development District 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Southern Mississippi Planning and Development District Β· Mississippi Β· Other Services

What the 2023 filing shows

Southern Mississippi Planning and Development District 403(b) Plan holds $3M for 122 participants - about $24,292 per participant, down 1.8% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
122
covered participants
$24,292
avg assets per participant
-1.8%
assets change YoY

The plan reported a net loss of $55K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
122
State
Industry
Other Services

What the Filing Says About Southern Mississippi Planning and Development District 403(b) Plan

Southern Mississippi Planning and Development District 403(b) Plan is a Profit Sharing retirement plan sponsored by Southern Mississippi Planning and Development District, headquartered in Mississippi. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 122 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 640441554, and the plan has been effective since 2018-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $3M at year-end β€” a decline of 1.8%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-54,887 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-54,887
Plan TypeProfit Sharing
Employer EIN640441554
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Mississippi Planning and Development District)

Year Plans Participants Total Assets
2022 2 264 $12M
2023 2 275 $14M
2024 2 269 $15M

Nearby Profit Sharing Plans in Mississippi

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Southern Mississippi Planning and Development District 403(b) Plan?
As of the 2022 Form 5500 filing, Southern Mississippi Planning and Development District 403(b) Plan holds $3M in total assets with 122 participants. It is sponsored by Southern Mississippi Planning and Development District.
What type of plan is Southern Mississippi Planning and Development District 403(b) Plan?
Southern Mississippi Planning and Development District 403(b) Plan is a Profit Sharing plan. It has been effective since 2018-10-01. The plan is filed with the U.S. Department of Labor under EIN 640441554.
Who sponsors the Southern Mississippi Planning and Development District 403(b) Plan?
Southern Mississippi Planning and Development District 403(b) Plan is sponsored by Southern Mississippi Planning and Development District, located in Mississippi. The sponsor's EIN is 640441554 and the plan operates in the Other Services industry.
How did Southern Mississippi Planning and Development District 403(b) Plan perform in 2022?
Southern Mississippi Planning and Development District 403(b) Plan declined by 1.8% during 2022, moving from $3M to $3M in total assets. Net income was $-54,887.
Where can I find official filings for Southern Mississippi Planning and Development District 403(b) Plan?
Official Form 5500 filings for Southern Mississippi Planning and Development District 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 640441554 or plan name at efast.dol.gov.
How does Southern Mississippi Planning and Development District 403(b) Plan compare to other plans?
You can compare Southern Mississippi Planning and Development District 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Mississippi on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 640441554.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.