401(k) · DOL Form 5500 · 2023
Southern Bancshares, Inc. 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 142
- Participants Small participant base
- 71st
- Percentile by assets National rank
- $131,674
- Avg per participant Near avg balance/head
Official DOL plan name: The Southern Bancshares 401(k) Plan · Sponsored by Southern Bancshares, Inc. · Texas · Finance & Insurance
$19M in assets, 142 participants
Southern Bancshares, Inc.'s The Southern Bancshares 401(k) Plan reported $19M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.
- #5,112 in Finance & Insurance (8,869 peers)
Coverage in Texas
The Southern Bancshares 401(k) Plan covers 142 participants in Texas, about 21% of the average Texas filer (state average ~688 per filing). Assets: $19M.
- #5,112
- in Finance & Insurance (8,869 peers)
- +21.1%
- assets growth YoY
The Southern Bancshares 401(k) Plan's outsized position by total assets
The Southern Bancshares 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$18,697,640 Top 29% higher than 71% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Southern Bancshares 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. The Southern Bancshares 401(k) Plan sits mid-pack in the medium band (142 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Southern Bancshares 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- The Southern Bancshares 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- The Southern Bancshares 401(k) Plan reported participants rose from 131 in the plan year 2022 filing to 142 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 742224807 · Southern Bancshares, Inc. PY 2023 · 401(k)
The Southern Bancshares 401(k) Plan · $19M · 142 · 71st
- NET $19M
- NET 142
- NET 71st
- NET 401(k)
- NET near Credit Union West 401(k) Plan
- NET ind #5112
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 Texas →
The Southern Bancshares 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $3M |
| Employer EIN | 742224807 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Bancshares, Inc.)
Sponsor-wide plan assets over time
All Southern Bancshares, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 40.956611732713114% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 131 | $15M |
| 2023 | 1 | 142 | $19M |
| 2024 | 1 | 141 | $22M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
The Southern Bancshares 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Credit Union West 401(k) Plan in AZ ($19M); by covered participants it is The Starco Group Inc. 401(k) Profit Sharing Plan in CA (142 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Credit Union West 401(k) Plan (AZ) $19M · 185
- Gardiner & Theobald Inc. 401(k) Profit Sharing Plan (NY) $19M · 245
- Transforce, Inc. 401(k) Plan (VA) $19M · 2,689
- G.a. Wintzer & Son Company 401(k) Retirement Savings Plan (OH) $19M · 137
Similar participant headcount
Nearest other-state filings by covered participants (142 participants); asset peers above are excluded.
- The Starco Group Inc. 401(k) Profit Sharing Plan (CA) 142 · 0 off
- Akili Interactive 401(k) Retirement Plan (MA) 142 · 0 off
- Syllogisteks Employee 401(k) Plan (MO) 142 · 0 off
- Gilman Cheese Corporation 401(k) Profit Sharing Plan (WI) 142 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.