401(k) · DOL Form 5500 · 2023

Southern Medical Health Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
1,483
Participants Near avg headcount
88th
Percentile by assets National rank
$45,584
Avg per participant Low balance/head
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Official DOL plan name: Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan · Sponsored by Southern Medical Health Systems, Inc. · Alabama · Healthcare & Social Assistance

$68M in assets, 1,483 participants

Southern Medical Health Systems, Inc.'s Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan reported $68M in total assets and 1,483 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,920 in Healthcare & Social Assistance (17,684 peers)

Coverage in Alabama

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan covers 1,483 participants in Alabama, 4.1x the typical Alabama plan (state average ~360 per filing). Assets: $68M.

#15,920
in Healthcare & Social Assistance (17,684 peers)
+6.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan's outsized position by total assets

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs every filed plan by assets

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

$67,601,226 Top 12% higher than 88% 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 Medical Health Systems, Inc. Employees' Retirement Savings 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 Medical Health Systems, Inc. Employees' Retirement Savings Plan lands in the large band (1,483 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan reported net income rose from -$16M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan reported participants rose from 1,126 in the plan year 2022 filing to 1,483 in the plan year 2023 filing.
  • Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan end-of-year assets rose from $63M in the plan year 2022 filing to $68M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 630885975 · Southern Medical Health Systems, Inc. PY 2023 · 401(k)

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan · $68M · 1,483 · 88th

  • EBSA $68M
  • EBSA 1,483
  • EBSA 88th
  • EBSA 401(k)
  • EBSA near Ninyo & Moore Geotechnical & Environmental Sciences Consultants
  • EBSA ind #15920

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 Alabama →

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan in the asset neighbourhood

B&r Stores, Inc. 401(k) Plan$68MSouthern Medical Health Systems, Inc. Employees' Retirement Savings PlanSouthern Medical Health Syst…$68MNinyo & Moore Geotechnical & Environmental Sciences ConsultantsNinyo & Moore Geotechnical &…$68MOntario Systems, LLC 401(k) PlanOntario Systems, LLC 401(k) …$68MMadison Gas and Electric Company Retirement Savings PlanMadison Gas and Electric Com…$68M
End-of-year total assets ($M) among Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$68M
Net Income$4M
Employer EIN630885975
Plan Effective Date1986-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Medical Health Systems, Inc.)

Sponsor-wide plan assets over time

All Southern Medical Health Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$72M 13.704666759585676% vs 2022
2024 filing year
$60M$65M$70M$75M 202220232024 $63.5M $72.2M ▲ +13.7%
Year Plans Participants Total Assets
2022 1 1,126 $63M
2023 1 1,483 $68M
2024 1 1,447 $72M

Nearby 401(k) Plans in Alabama

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

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan, Total assets ($B): 0.067601226 · Participants: 1483Southern Medical Health Systems, Inc. Employees' Retirement Savings PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Ninyo & Moore Geotechnical & Environmental Sciences Consultants in CA ($68M); by covered participants it is Hood Packaging Corporation Savings Plan in MS (1,483 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,483 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 Medical Health Systems, Inc. Employees' Retirement Savings Plan assets move in 2023?
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan grew at a solid clip - up 6.5% during 2023, from $63M to $68M. Reported net income was $4M.
How have Southern Medical Health Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Medical Health Systems, Inc.'s sponsor-wide assets grew 13.7%, from $63M to $72M.
Where does Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan rank by assets among Form 5500 filers?
Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan ranks in the 88th 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 Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Ninyo & Moore Geotechnical & Environmental Sciences Consultants in CA ($68M, 521 participants).
Which 401(k) plans cover a similar participant headcount to Southern Medical Health Systems, Inc. Employees' Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Hood Packaging Corporation Savings Plan in MS (1,483 participants, $94M in assets).