401(k) · DOL Form 5500 · 2023

BANKSOUTH 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
305
Participants Below avg headcount
80th
Percentile by assets National rank
$102,469
Avg per participant Below avg balance/head
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Official DOL plan name: Banksouth's 401(k) Plan · Sponsored by BANKSOUTH · Georgia · Finance & Insurance

$31M in assets, 305 participants

BANKSOUTH's Banksouth's 401(k) Plan reported $31M in total assets and 305 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,129 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Banksouth's 401(k) Plan covers 305 participants in Georgia, about 28% of the average Georgia filer (state average ~1,096 per filing). Assets: $31M.

#6,129
in Finance & Insurance (8,869 peers)
+14.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Banksouth's 401(k) Plan's outsized position by total assets

Banksouth's 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$31,253,152 Top 20% higher than 80% of 127,068 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 2023

Banksouth's 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banksouth's 401(k) Plan sits mid-pack in the medium band (305 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Banksouth's 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Banksouth's 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Banksouth's 401(k) Plan reported participants fell from 346 in the plan year 2022 filing to 305 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 582267017 · BANKSOUTH PY 2023 · 401(k)

Banksouth's 401(k) Plan · $31M · 305 · 80th

  • IND $31M
  • EOY 305
  • 5500 80th
  • ASSETS 401(k)
  • PCT near Landesbank Baden-Wuerttemberg 401(k) Profit Sharing Plan
  • EIN ind #6129

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 Finance & Insurance retirement plans → · Plans in Georgia →

Banksouth's 401(k) Plan in the asset neighbourhood

Sumnerone, Inc. 401(k)/Profit Sharing PlanSumnerone, Inc. 401(k)/Profi…$31MAmerican Beverage Marketers 401(k) Retirement PlanAmerican Beverage Marketers …$31MBanksouth's 401(k) Plan$31MLandesbank Baden-Wuerttemberg 401(k) Profit Sharing PlanLandesbank Baden-Wuerttember…$31MWexford Health Sources, Inc. Union Employees Retirement PlanWexford Health Sources, Inc.…$31M
End-of-year total assets ($M) among Banksouth's 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN582267017
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANKSOUTH)

Sponsor-wide plan assets over time

All BANKSOUTH plans reported in each filing year

Latest sponsor-wide plan assets
$37M 33.35286064478266% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.4M $36.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 346 $27M
2023 1 305 $31M
2024 1 293 $37M

Nearby 401(k) Plans in Georgia

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

Banksouth's 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Banksouth's 401(k) Plan, Total assets ($B): 0.031253152 · Participants: 305Banksouth's 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Banksouth's 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Banksouth's 401(k) Plan side-by-side with 3 peers →

Banksouth's 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Landesbank Baden-Wuerttemberg 401(k) Profit Sharing Plan in NY ($31M); by covered participants it is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (305 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Banksouth's 401(k) Plan assets move in 2023? ▼
Banksouth's 401(k) Plan grew at a solid clip - up 14.0% during 2023, from $27M to $31M. Reported net income was $4M.
How have BANKSOUTH plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), BANKSOUTH's sponsor-wide assets grew 33.4%, from $27M to $37M.
Where does Banksouth's 401(k) Plan rank by assets among Form 5500 filers? ▼
Banksouth's 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Banksouth's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Landesbank Baden-Wuerttemberg 401(k) Profit Sharing Plan in NY ($31M, 57 participants).
Which 401(k) plans cover a similar participant headcount to Banksouth's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Home-Care Pca LLC 401(k) Profit Sharing Plan & Trust in LA (305 participants, $151K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 582267017.

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.