401(k) · DOL Form 5500 · 2023

Security Benefit Corporation 401(k) Plan

Data updated 2026-08-11

$299M
Total assets: 1,451
Participants: 96th
Percentile by assets: $206,186
Avg per participant

Official DOL plan name: Security Benefit Associates Profit Sharing and Savings Plan · Sponsored by Security Benefit Corporation · Kansas · Finance & Insurance

$299M in assets, 1,451 participants

Security Benefit Corporation's Security Benefit Associates Profit Sharing and Savings Plan reported $299M in total assets and 1,451 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,303 in Finance & Insurance (8,869 peers)

Coverage in Kansas

Security Benefit Associates Profit Sharing and Savings Plan covers 1,451 participants in Kansas, 4.0x the typical Kansas plan (state average ~360 per filing). Assets: $299M.

$299M
total plan assets (2023 EOY): 1,451
covered participants: 96th
percentile by assets (of 127,072 plans): $206,186
avg assets per participant

Security Benefit Associates Profit Sharing and Savings Plan reported net income rose from -$44M in the plan year 2022 filing to $48M in the plan year 2023 filing.
Security Benefit Associates Profit Sharing and Savings Plan end-of-year assets rose from $251M in the plan year 2022 filing to $299M in the plan year 2023 filing.
Security Benefit Associates Profit Sharing and Savings Plan reported participants rose from 1,296 in the plan year 2022 filing to 1,451 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Kansas

Industry

Finance & Insurance

Participants vs Kansas filers

In Kansas, the average filing covers about 360 participants across 1,174 plans. Security Benefit Associates Profit Sharing and Savings Plan reports 1,451 participants - 4.0x that state average ($299M EOY assets).

Kansas filing particulars

Total Assets (Beginning of Year)	$251M
Net Assets (End of Year)	$299M
Net Income	$48M
Employer EIN	481202239
Plan Effective Date	1965-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Security Benefit Corporation)

Total plan assets by year, all Security Benefit Corporation plans on file

Year	Plans	Participants	Total Assets
2022	2	1,473	$301M
2023	2	1,607	$352M
2024	2	1,579	$442M

Nearby 401(k) Plans in Kansas

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

Security Benefit Associates Profit Sharing and Savings Plan vs. nearby 401(k) plans in Kansas, assets vs. participants

Koch Employees' Savings Plan $3.9B · 11,911
Performance Contracting Group, Inc. ESOP/401(k) Plan $2.9B · 1,223
Black & Veatch Retirement Program $2.7B · 6,890
Garmin International, Inc. Retirement Plan $1.8B · 6,332
Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan $1.2B · 7,704

Compare Security Benefit Associates Profit Shari… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Security Benefit Associates Profit Sharing and Savings Plan by total assets, not by location.

Alfa Laval Retirement Savings Plan (VA) $299M · 1,610
Elliott Section 401(k) Plan (FL) $299M · 454
Johnson Brothers 401(k) Plan (MN) $299M · 3,477
Bpx Energy Employee Savings Plan (TX) $299M · 788

Frequently Asked Questions

How did Security Benefit Associates Profit Sharing and Savings Plan assets move in 2023? ▼

Security Benefit Associates Profit Sharing and Savings Plan grew sharply - up 19.2% during 2023, from $251M to $299M. Reported net income was $48M.

How have Security Benefit Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Security Benefit Corporation's sponsor-wide assets grew 46.7%, from $301M to $442M.

Where does Security Benefit Associates Profit Sharing and Savings Plan rank by assets among Form 5500 filers? ▼

Security Benefit Associates Profit Sharing and Savings Plan ranks in the 96th 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 Security Benefit Associates Profit Sharing and Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Alfa Laval Retirement Savings Plan in VA ($299M, 1,610 participants).

Next read for Security Benefit Associates Profit Shari…

Filing takeaways

Ways to act on Security Benefit Associates Profit Sharing and Savings Plan's numbers.

By total assets, Security Benefit Associates Profit Sharing and 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 Kansas. Compare plans
Security Benefit Corporation's sponsor-wide assets have grown 46.7% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 481202239.