401(k) · DOL Form 5500 · 2022

Southern Medical Health Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
1,126
Participants Near avg headcount
90th
Percentile by assets National rank
$56,353
Avg per participant Low balance/head
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Official DOL plan name: Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan · Sponsored by Southern Medical Health Systems, Inc. · Alabama · Healthcare & Social Assistance

$63M in assets, 1,126 participants

Southern Medical Health Systems, Inc.'s Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan reported $63M in total assets and 1,126 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #18,325 in Healthcare & Social Assistance (20,060 peers)

Coverage in Alabama

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan covers 1,126 participants in Alabama, 3.1x the typical Alabama plan (state average ~360 per filing). Assets: $63M.

#18,325
in Healthcare & Social Assistance (20,060 peers)
-20.4%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan's outsized position by total assets

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$63,453,108 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan lands in the large band (1,126 participants).

Plan-year Form 5500 strip

Filing strip 630885975 · Southern Medical Health Systems, Inc. PY 2022 · 401(k)

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan · $63M · 1,126 · 90th

  • VS-ST $63M
  • VS-ST 1,126
  • VS-ST 90th
  • VS-ST 401(k)
  • VS-ST near Sunstar Americas, Inc. 401(k) Retirement Savings Plan
  • VS-ST ind #18325

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 Healthcare & Social Assistance retirement plans → · Plans in Alabama →

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan in the asset neighbourhood

Stryker Puerto Rico Savings and Retirement PlanStryker Puerto Rico Savings …$63MVetter Senior Living Employees 401(k) PlanVetter Senior Living Employe…$63MSouthern Medical Health Systems, Inc. Employees' Retirement Savings PlanSouthern Medical Health Syst…$63MSunstar Americas, Inc. 401(k) Retirement Savings PlanSunstar Americas, Inc. 401(k…$63MWhite Castle 401(k) Retirement Savings PlanWhite Castle 401(k) Retireme…$63M
End-of-year total assets ($M) among Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$63M
Net Income-$16M
Employer EIN630885975
Plan Effective Date1986-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Medical Health Systems, Inc.)

Sponsor-wide plan assets over time

All Southern Medical Health Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 13.704666759585676% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $63.5M $72.2M ▲ +13.7%
Year Plans Participants Total Assets
2022 1 1,126 $63M
2023 1 1,483 $68M
2024 1 1,447 $72M

Nearby 401(k) Plans in Alabama

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan, Total assets ($B): 0.063453108 · Participants: 1126Southern Medical Health Systems, Inc. Employees' Retirement Savings PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Sunstar Americas, Inc. 401(k) Retirement Savings Plan in IL ($63M); by covered participants it is Thrift Plan for Employees of the American Bar Association and Affiliates in IL (1,126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,126 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan assets move in 2022?
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan declined sharply - down 20.4% during 2022, from $80M to $63M. Reported net income was -$16M.
How have Southern Medical Health Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Medical Health Systems, Inc.'s sponsor-wide assets grew 13.7%, from $63M to $72M.
Where does Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan rank by assets among Form 5500 filers?
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sunstar Americas, Inc. 401(k) Retirement Savings Plan in IL ($63M, 368 participants).
Which 401(k) plans cover a similar participant headcount to Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Thrift Plan for Employees of the American Bar Association and Affiliates in IL (1,126 participants, $162M in assets).