Defined Benefit (Pension) · DOL Form 5500 · 2022

Southern Farm Bureau Casualty Insurance Company Pension Plan

Data updated 2026-08-11

$429M
Total assets
1,485
Participants
98th
Percentile by assets
$288,955
Avg per participant
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Official DOL plan name: Sfb Casualty Ins Co Retirement Plan · Sponsored by Southern Farm Bureau Casualty Insurance Company · Mississippi · Finance & Insurance

$429M in assets, 1,485 participants

Southern Farm Bureau Casualty Insurance Company's Sfb Casualty Ins Co Retirement Plan reported $429M in total assets and 1,485 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)
  • #8,861 in Finance & Insurance (9,261 peers)

Coverage in Mississippi

Sfb Casualty Ins Co Retirement Plan covers 1,485 participants in Mississippi, 4.1x the typical Mississippi plan (state average ~366 per filing). Assets: $429M.

$429M
total plan assets (2022 EOY)
1,485
covered participants
98th
percentile by assets (of 139,126 plans)
$288,955
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Mississippi filers

In Mississippi, the average filing covers about 366 participants across 521 plans. Sfb Casualty Ins Co Retirement Plan reports 1,485 participants - 4.1x that state average ($429M EOY assets).

Mississippi filing particulars

Total Assets (Beginning of Year)$445M
Net Assets (End of Year)$428M
Net Income-$17M
Employer EIN640288243
Plan Effective Date1954-07-01
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 Defined Benefit (Pension) Plans in Mississippi

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants

Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 0200400600800 Total assets ($M) Participants Sfb Casualty Ins Co …Hancock Whitney Corp…North Mississippi He…Cadence Retirement P…Sfb Life Insurance C…Non-Contributory Ret…
Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sfb Casualty Ins Co Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sfb Casualty Ins Co Retirement Plan assets move in 2022?
Sfb Casualty Ins Co Retirement Plan edged down modestly - down 3.6% during 2022, from $445M to $429M. Reported net income was -$17M.
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 Sfb Casualty Ins Co Retirement Plan rank by assets among Form 5500 filers?
Sfb Casualty Ins Co Retirement 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 Defined Benefit (Pension) plans are similar in size to Sfb Casualty Ins Co Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is IBEW Local 701 Pension Fund in IL ($429M, 1,069 participants).

Next read for Sfb Casualty Ins Co Retirement Plan

Filing takeaways

Ways to act on Sfb Casualty Ins Co Retirement Plan's numbers.

  • By total assets, Sfb Casualty Ins Co Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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