401(k) · DOL Form 5500 · 2022

Southern Development Resources, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
220
Participants Below avg headcount
83rd
Percentile by assets National rank
$134,124
Avg per participant Near avg balance/head
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Official DOL plan name: Southern Development Resources, LLC Retirement Plan · Sponsored by Southern Development Resources, LLC · Mississippi · Healthcare & Social Assistance

$30M in assets, 220 participants

Southern Development Resources, LLC's Southern Development Resources, LLC Retirement Plan reported $30M in total assets and 220 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #17,118 in Healthcare & Social Assistance (20,060 peers)

Where Southern Development Resources, LLC Retirement Plan sits by assets

Southern Development Resources, LLC Retirement Plan sits in the top quartile of all filed plans by assets, $30M for 220 participants (~$134,124/participant), down 16.7% in 2022.

#17,118
in Healthcare & Social Assistance (20,060 peers)
-16.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Development Resources, LLC Retirement Plan's outsized position by total assets

Southern Development Resources, LLC Retirement Plan vs every filed plan by assets

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

$29,507,371 Top 17% higher than 83% 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 Development Resources, LLC Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Development Resources, LLC Retirement Plan sits mid-pack in the medium band (220 participants).

DOL schedule card

Filing strip 640900779 · Southern Development Resources, LLC PY 2022 · 401(k)

Southern Development Resources, LLC Retirement Plan · $30M · 220 · 83rd

  • TYPE $30M
  • TYPE 220
  • TYPE 83rd
  • TYPE 401(k)
  • TYPE near Finlayson Bancshares, Inc. ESOP with 401(k) Provisions
  • TYPE ind #17118

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 Mississippi →

Southern Development Resources, LLC Retirement Plan in the asset neighbourhood

Southern Development Resources, LLC Retirement PlanSouthern Development Resourc…$30MFinlayson Bancshares, Inc. ESOP with 401(k) ProvisionsFinlayson Bancshares, Inc. E…$30MIko Salaried Employee Savings PlanIko Salaried Employee Saving…$30MHydromat, Inc. of St. Louis Mo 401(k) PlanHydromat, Inc. of St. Louis …$30MNybdc Dba Pursuit Employees Salary Reduction 401(k) PlanNybdc Dba Pursuit Employees …$30M
End-of-year total assets ($M) among Southern Development Resources, LLC Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$30M
Net Income-$6M
Employer EIN640900779
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Development Resources, LLC)

Sponsor-wide plan assets over time

All Southern Development Resources, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 19.818390462505114% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.5M $35.4M ▲ +19.8%
Year Plans Participants Total Assets
2022 1 220 $30M
2023 1 203 $33M
2024 1 267 $35M

Nearby 401(k) Plans in Mississippi

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

Southern Development Resources, LLC Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -2000200400600800 Total assets ($M) Participants Southern Development Resources, LLC Retirement Plan, Total assets ($M): 29.507371 · Participants: 220Southern Development Resources, LLC Retirement PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 717.418669 · Participants: 6553Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 560.12104 · Participants: 3038Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 467.614065 · Participants: 3323Hancock Whitney Corporation 401(k) Savings PlanSouthern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 432.693601 · Participants: 2626Southern Farm Bureau and Adopting Companies 401(k) PlanTrustmark 401(k) Plan, Total assets ($M): 344.903275 · Participants: 2730Trustmark 401(k) Plan
Southern Development Resources, LLC Retirement Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Development Resources, LLC Retirement Plan side-by-side with 3 peers →

Southern Development Resources, LLC Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Finlayson Bancshares, Inc. ESOP with 401(k) Provisions in MN ($30M); by covered participants it is Barley Snyder Savings Plan in PA (220 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (220 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 Development Resources, LLC Retirement Plan assets move in 2022? ▼
Southern Development Resources, LLC Retirement Plan declined sharply - down 16.7% during 2022, from $35M to $30M. Reported net income was -$6M.
How have Southern Development Resources, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Development Resources, LLC's sponsor-wide assets grew 19.8%, from $30M to $35M.
Where does Southern Development Resources, LLC Retirement Plan rank by assets among Form 5500 filers? ▼
Southern Development Resources, LLC Retirement Plan ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Development Resources, LLC Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Finlayson Bancshares, Inc. ESOP with 401(k) Provisions in MN ($30M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Southern Development Resources, LLC Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Barley Snyder Savings Plan in PA (220 participants, $45M in assets).

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 640900779.

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.