401(k) · DOL Form 5500 · 2023
Southstate Bank, N.a. 401(k) Plan
Data updated 2026-08-11
- $549M
- Total assets
- 5,113
- Participants
- 98th
- Percentile by assets
- $107,313
- Avg per participant
Official DOL plan name: Southstate Bank 401(k) Retirement Savings Plan · Sponsored by Southstate Bank, N.a. · Florida · Finance & Insurance
$549M in assets, 5,113 participants
Southstate Bank, N.a.'s Southstate Bank 401(k) Retirement Savings Plan reported $549M in total assets and 5,113 participants in its 2023 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 127,072 plans)
- #8,502 in Finance & Insurance (8,869 peers)
Coverage in Florida
Southstate Bank 401(k) Retirement Savings Plan covers 5,113 participants in Florida, 8.1x the typical Florida plan (state average ~628 per filing). Assets: $549M.
- $549M
- total plan assets (2023 EOY)
- 5,113
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $107,313
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Southstate Bank 401(k) Retirement Savings Plan reported net income rose from -$66M in the plan year 2022 filing to $86M in the plan year 2023 filing.
- Southstate Bank 401(k) Retirement Savings Plan end-of-year assets rose from $463M in the plan year 2022 filing to $549M in the plan year 2023 filing.
- Southstate Bank 401(k) Retirement Savings Plan reported participants fell from 5,123 in the plan year 2022 filing to 5,113 in the plan year 2023 filing.
Participants vs Florida filers
In Florida, the average filing covers about 628 participants across 6,617 plans. Southstate Bank 401(k) Retirement Savings Plan reports 5,113 participants - 8.1x that state average ($549M EOY assets).
Florida filing particulars
| Total Assets (Beginning of Year) | $463M |
|---|---|
| Net Assets (End of Year) | $549M |
| Net Income | $86M |
| Employer EIN | 592979916 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southstate Bank, N.a.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,123 | $463M |
| 2023 | 1 | 5,113 | $549M |
| 2024 | 1 | 5,297 | $629M |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Southstate Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants
- L3harris Retirement Savings Plan $15.4B · 40,665
- Savings Plan for Employees and Partners of Pwc $11.3B · 50,817
- Adp Totalsource Retirement Savings Plan $8.0B · 308,867
- Trinet 401(k) Plan $7.0B · 157,945
- Publix Super Markets, Inc. 401(k) Smart Plan $6.6B · 184,674
Scale composition for Southstate Bank 401(k) Retirement Savings Plan
Southstate Bank 401(k) Retirement Savings Plan reports $549M in end-of-year assets across 5,113 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $107,313 per participant (78% of the national average assets-per-participant) . Net income for plan year 2023 was $86M.
This plan identity (EIN 592979916, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $463M to $629M (+35.8%) while covered participants moved from 5,123 to 5,297 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,123 | $463M | Open filing |
| 2023 | 5,113 | $549M | This page |
| 2024 · index core | 5,297 | $629M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Southstate Bank 401(k) Retirement Savings Plan (401(k), $629M, 5,297 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Southstate Bank 401(k) Retirement Savings Plan by total assets, not by location.
- Insperity Corporate 401(k) Plan (TX) $549M · 4,147
- Intelsat 401(k) Retirement Savings Plan (VA) $550M · 1,650
- Quarles & Brady LLP Retirement Plan (WI) $550M · 1,032
- Crawford & Company Savings & Investment Plan (GA) $550M · 3,749
Frequently Asked Questions
How did Southstate Bank 401(k) Retirement Savings Plan assets move in 2023? ▼
How have Southstate Bank, N.a. plan assets changed over time? ▼
Where does Southstate Bank 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Southstate Bank 401(k) Retirement Savings Plan? ▼
Next read for Southstate Bank 401(k) Retirement Saving…
Filing takeaways
Ways to act on Southstate Bank 401(k) Retirement Savings Plan's numbers.
- By total assets, Southstate Bank 401(k) Retirement Savings 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 Florida. Compare plans
- Southstate Bank, N.a.'s sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Finance & Insurance plans