401(k) · DOL Form 5500 · 2022

Security Benefit Corporation 401(k) Plan

Data updated 2026-08-11

$251M
Total assets
1,296
Participants
96th
Percentile by assets
$193,652
Avg per participant
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Official DOL plan name: Security Benefit Associates Profit Sharing and Savings Plan · Sponsored by Security Benefit Corporation · Kansas · Finance & Insurance

$251M in assets, 1,296 participants

Security Benefit Corporation's Security Benefit Associates Profit Sharing and Savings Plan reported $251M in total assets and 1,296 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #8,681 in Finance & Insurance (9,261 peers)

Coverage in Kansas

Security Benefit Associates Profit Sharing and Savings Plan covers 1,296 participants in Kansas, 3.6x the typical Kansas plan (state average ~360 per filing). Assets: $251M.

$251M
total plan assets (2022 EOY)
1,296
covered participants
96th
percentile by assets (of 139,126 plans)
$193,652
avg assets per participant

The plan reported a net loss of $44M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Kansas filers

In Kansas, the average filing covers about 360 participants across 1,174 plans. Security Benefit Associates Profit Sharing and Savings Plan reports 1,296 participants - 3.6x that state average ($251M EOY assets).

Kansas filing particulars

Total Assets (Beginning of Year)$295M
Net Assets (End of Year)$251M
Net Income-$44M
Employer EIN481202239
Plan Effective Date1965-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Benefit Corporation)

$250M$300M$350M$400M$450M$500M 202220232024 $301M $442M â–˛ +46.7%
Total plan assets by year, all Security Benefit Corporation plans on file
Year Plans Participants Total Assets
2022 2 1,473 $301M
2023 2 1,607 $352M
2024 2 1,579 $442M

Nearby 401(k) Plans in Kansas

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

Security Benefit Associates Profit Sharing and Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Security Benefit Associates Profit Sharing and Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. 050001000015000 01234 Total assets ($B) Participants Security Benefit Ass…Koch Industries Inc …Black & Veatch Retir…Performance Contract…Garmin International…Spirit Aerosystems H…
Security Benefit Associates Profit Sharing and Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Security Benefit Associates Profit Sharing and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Security Benefit Associates Profit Sharing and Savings Plan assets move in 2022?
Security Benefit Associates Profit Sharing and Savings Plan pulled back noticeably - down 15.0% during 2022, from $295M to $251M. Reported net income was -$44M.
How have Security Benefit Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Security Benefit Corporation's sponsor-wide assets grew 46.7%, from $301M to $442M.
Where does Security Benefit Associates Profit Sharing and Savings Plan rank by assets among Form 5500 filers?
Security Benefit Associates Profit Sharing and Savings Plan ranks in the 96th 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 Security Benefit Associates Profit Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Convergint Technologies LLC 401(k) Profit-Sharing Plan in IL ($251M, 4,594 participants).

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Filing takeaways

Ways to act on Security Benefit Associates Profit Sharing and Savings Plan's numbers.