401(k) · DOL Form 5500 · 2023

Southern Farm Bureau Casualty Insurance Company 401(k) Plan

Data updated 2026-08-25

$477M
Total assets Above avg plan size
2,657
Participants Above avg headcount
97th
Percentile by assets National rank
$179,484
Avg per participant Above avg balance/head
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Official DOL plan name: Southern Farm Bureau and Adopting Companies 401(k) Plan · Sponsored by Southern Farm Bureau Casualty Insurance Company · Mississippi · Finance & Insurance

$477M in assets, 2,657 participants

Southern Farm Bureau Casualty Insurance Company's Southern Farm Bureau and Adopting Companies 401(k) Plan reported $477M in total assets and 2,657 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,454 in Finance & Insurance (8,869 peers)

Coverage in Mississippi

Southern Farm Bureau and Adopting Companies 401(k) Plan covers 2,657 participants in Mississippi, 7.3x the typical Mississippi plan (state average ~366 per filing). Assets: $477M.

#8,454
in Finance & Insurance (8,869 peers)
+10.2%
assets growth YoY
4.8×
vs typical plan assets (national mean)

Southern Farm Bureau and Adopting Companies 401(k) Plan's outsized position by total assets

Southern Farm Bureau and Adopting Companies 401(k) Plan vs every filed plan by assets

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

$476,889,063 Top 3% higher than 97% 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

Southern Farm Bureau and Adopting Companies 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Farm Bureau and Adopting Companies 401(k) Plan lands in the large band (2,657 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Farm Bureau and Adopting Companies 401(k) Plan reported net income rose from -$95M in the plan year 2022 filing to $44M in the plan year 2023 filing.
  • Southern Farm Bureau and Adopting Companies 401(k) Plan end-of-year assets rose from $433M in the plan year 2022 filing to $477M in the plan year 2023 filing.
  • Southern Farm Bureau and Adopting Companies 401(k) Plan reported participants rose from 2,626 in the plan year 2022 filing to 2,657 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 640288243 · Southern Farm Bureau Casualty Insurance Company PY 2023 · 401(k)

Southern Farm Bureau and Adopting Companies 401(k) Plan · $477M · 2,657 · 97th

  • EBSA $477M
  • EBSA 2,657
  • EBSA 97th
  • EBSA 401(k)
  • EBSA near Tractor Supply Company 401(k) Retirement Savings Plan
  • EBSA ind #8454

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 Mississippi →

Southern Farm Bureau and Adopting Companies 401(k) Plan in the asset neighbourhood

Toshiba America, Inc. 401(k) Savings PlanToshiba America, Inc. 401(k)…$477MTractor Supply Company 401(k) Retirement Savings PlanTractor Supply Company 401(k…$477MSouthern Farm Bureau and Adopting Companies 401(k) PlanSouthern Farm Bureau and Ado…$477MNintendo 401(k) Savings Plan$477MHazen and Sawyer 401(k) Plan$476M
End-of-year total assets ($M) among Southern Farm Bureau and Adopting Companies 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Mississippi filing particulars

Total Assets (Beginning of Year)$433M
Net Assets (End of Year)$477M
Net Income$44M
Employer EIN640288243
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Farm Bureau Casualty Insurance Company)

Sponsor-wide plan assets over time

All Southern Farm Bureau Casualty Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$974M 13.01821947638906% vs 2022
2024 filing year
$850M$900M$950M$1,000M 202220232024 $862M $974M ▲ +13.0%
Year Plans Participants Total Assets
2022 2 4,111 $862M
2023 2 4,149 $908M
2024 2 4,218 $974M

Nearby 401(k) Plans in Mississippi

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

Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 2000300040005000600070008000 300400500600700800900 Total assets ($M) Participants Southern Farm Bureau and Adopting Companies 401(k) Plan, Total assets ($M): 476.889063 · Participants: 2657Southern Farm Bureau and Adopting Companies 401(k) PlanCadence 401(k) Profit-Sharing Plan, Total assets ($M): 797.339076 · Participants: 6578Cadence 401(k) Profit-Sharing PlanErgon 401(k) Plan, Total assets ($M): 651.370894 · Participants: 3214Ergon 401(k) PlanHancock Whitney Corporation 401(k) Savings Plan, Total assets ($M): 542.54732 · Participants: 3545Hancock Whitney Corporation 401(k) Savings PlanV2x 401(k) Retirement Plan, Total assets ($M): 538.489023 · Participants: 6807V2x 401(k) Retirement PlanTrustmark 401(k) Plan, Total assets ($M): 384.986298 · Participants: 2772Trustmark 401(k) Plan
Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants
Compare Southern Farm Bureau and Adopting Companies 401(k) Plan side-by-side with 3 peers →

Southern Farm Bureau and Adopting Companies 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Mississippi, the nearest 401(k) by assets is Tractor Supply Company 401(k) Retirement Savings Plan in TN ($477M); by covered participants it is Boston Beer Company 401(k) Plan in MA (2,657 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($477M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,657 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 Southern Farm Bureau and Adopting Companies 401(k) Plan assets move in 2023? ▼
Southern Farm Bureau and Adopting Companies 401(k) Plan grew at a solid clip - up 10.2% during 2023, from $433M to $477M. Reported net income was $44M.
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 Southern Farm Bureau and Adopting Companies 401(k) Plan rank by assets among Form 5500 filers? ▼
Southern Farm Bureau and Adopting Companies 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Southern Farm Bureau and Adopting Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tractor Supply Company 401(k) Retirement Savings Plan in TN ($477M, 49,648 participants).
Which 401(k) plans cover a similar participant headcount to Southern Farm Bureau and Adopting Companies 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Boston Beer Company 401(k) Plan in MA (2,657 participants, $290M 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 640288243.

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.