401(k) · DOL Form 5500 · 2022

Southern Farm Bureau Casualty Insurance Company 401(k) Plan

Data updated 2026-08-11

$433M
Total assets
2,626
Participants
98th
Percentile by assets
$164,773
Avg per participant
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Official DOL plan name: Southern Farm Bureau and Adopting Companies 401(k) Plan · Sponsored by Southern Farm Bureau Casualty Insurance Company · Mississippi · Finance & Insurance

$433M in assets, 2,626 participants

Southern Farm Bureau Casualty Insurance Company's Southern Farm Bureau and Adopting Companies 401(k) Plan reported $433M in total assets and 2,626 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,864 in Finance & Insurance (9,261 peers)

Coverage in Mississippi

Southern Farm Bureau and Adopting Companies 401(k) Plan covers 2,626 participants in Mississippi, 7.2x the typical Mississippi plan (state average ~366 per filing). Assets: $433M.

$433M
total plan assets (2022 EOY)
2,626
covered participants
98th
percentile by assets (of 139,126 plans)
$164,773
avg assets per participant

The plan reported a net loss of $95M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Southern Farm Bureau and Adopting Companies 401(k) Plan sits by total assets

Southern Farm Bureau and Adopting Companies 401(k) Plan vs every filed plan by assets

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

$432,693,601 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Mississippi
Industry
Finance & Insurance

Participants vs Mississippi filers

In Mississippi, the average filing covers about 366 participants across 521 plans. Southern Farm Bureau and Adopting Companies 401(k) Plan reports 2,626 participants - 7.2x that state average ($433M EOY assets).

Mississippi filing particulars

Total Assets (Beginning of Year)$527M
Net Assets (End of Year)$433M
Net Income-$95M
Employer EIN640288243
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Farm Bureau Casualty Insurance Company)

$850M$900M$950M$1,000M 202220232024 $862M $974M ▲ +13.0%
Total plan assets by year, all Southern Farm Bureau Casualty Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 4,111 $862M
2023 2 4,149 $908M
2024 2 4,218 $974M

Nearby 401(k) Plans in Mississippi

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

Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants

Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 1000200030004000500060007000 200300400500600700800 Total assets ($M) Participants Southern Farm Bureau…Cadence 401(k) Profi…Ergon 401(k) PlanHancock Whitney Corp…Trustmark 401(k) PlanHattiesburg Clinic P…
Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Farm Bureau and Adopting Compan… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southern Farm Bureau and Adopting Companies 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Southern Farm Bureau and Adopting Companies 401(k) Plan assets move in 2022? ▼
Southern Farm Bureau and Adopting Companies 401(k) Plan declined sharply - down 18.0% during 2022, from $527M to $433M. Reported net income was -$95M.
How have Southern Farm Bureau Casualty Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Farm Bureau Casualty Insurance Company's sponsor-wide assets grew 13.0%, from $862M to $974M.
Where does Southern Farm Bureau and Adopting Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Southern Farm Bureau and Adopting Companies 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Farm Bureau and Adopting Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is U-Haul Holding Company 401(k) Savings Plan in AZ ($433M, 29,328 participants).

Next read for Southern Farm Bureau and Adopting Compan…

Filing takeaways

Ways to act on Southern Farm Bureau and Adopting Companies 401(k) Plan's numbers.

  • By total assets, Southern Farm Bureau and Adopting Companies 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Mississippi. Compare plans
  • Southern Farm Bureau Casualty Insurance Company's sponsor-wide assets have grown 13.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

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) - original filing retrieval by EIN 640288243.

Read our methodology - how this data is sourced, computed, and verified.

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