401(k) · DOL Form 5500 · 2023

Southern Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
490
Participants Below avg headcount
85th
Percentile by assets National rank
$93,312
Avg per participant Below avg balance/head
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Official DOL plan name: Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan · Sponsored by Southern Bancorp, Inc. · Arkansas · Finance & Insurance

$46M in assets, 490 participants

Southern Bancorp, Inc.'s Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported $46M in total assets and 490 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,780 in Finance & Insurance (8,869 peers)

Coverage in Arkansas

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan covers 490 participants in Arkansas, about 18% of the average Arkansas filer (state average ~2,784 per filing). Assets: $46M.

#6,780
in Finance & Insurance (8,869 peers)
+18.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan's outsized position by total assets

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan vs every filed plan by assets

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

$45,723,093 Top 15% higher than 85% 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 Bancorp 401(k) Retirement Savings and Employee Stock Ownership 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. Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan sits mid-pack in the medium band (490 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported net income rose from -$440K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported participants rose from 431 in the plan year 2022 filing to 490 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 710646525 · Southern Bancorp, Inc. PY 2023 · 401(k)

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan · $46M · 490 · 85th

  • ASSETS $46M
  • PCT 490
  • EIN 85th
  • RANK 401(k)
  • PHOTO near Monmouth Cardiology Associates, LLC 401(k) Plan
  • IND ind #6780

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 Arkansas →

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan in the asset neighbourhood

Retirement Plan of Goodsill Anderson Quinn & StifelRetirement Plan of Goodsill …$46MMonmouth Cardiology Associates, LLC 401(k) PlanMonmouth Cardiology Associat…$46MSabre Systems, Inc. 401(k) PlanSabre Systems, Inc. 401(k) P…$46MSouthern Bancorp 401(k) Retirement Savings and Employee Stock Ownership PlanSouthern Bancorp 401(k) Reti…$46MWest Bancorporation, Inc. Employee Savings and Stock Ownership PlanWest Bancorporation, Inc. Em…$46M
End-of-year total assets ($M) among Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arkansas filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$46M
Net Income$7M
Employer EIN710646525
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Bancorp, Inc.)

Sponsor-wide plan assets over time

All Southern Bancorp, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$54M 39.52415901200453% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $38.6M $53.9M ▲ +39.5%
Year Plans Participants Total Assets
2022 1 431 $39M
2023 1 490 $46M
2024 1 542 $54M

Nearby 401(k) Plans in Arkansas

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

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -5000000500000100000015000002000000 -1001020304050 Total assets ($B) Participants Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan, Total assets ($B): 0.045723093 · Participants: 490Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership PlanWalmart 401(k) Plan, Total assets ($B): 41.538754799 · Participants: 1611202Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.539529752 · Participants: 113806Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 2.853974665 · Participants: 30034Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.318138116 · Participants: 39077J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.230072939 · Participants: 10991Windstream 401(k) Plan
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants
Compare Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan side-by-side with 3 peers →

Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Arkansas, the nearest 401(k) by assets is Monmouth Cardiology Associates, LLC 401(k) Plan in NJ ($46M); by covered participants it is Metagenics LLC 401(k) Retirement Plan in CA (490 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (490 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 Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan assets move in 2023? ▼
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan grew sharply - up 18.3% during 2023, from $39M to $46M. Reported net income was $7M.
How have Southern Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Bancorp, Inc.'s sponsor-wide assets grew 39.5%, from $39M to $54M.
Where does Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan ranks in the 85th 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 Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Monmouth Cardiology Associates, LLC 401(k) Plan in NJ ($46M, 136 participants).
Which 401(k) plans cover a similar participant headcount to Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Metagenics LLC 401(k) Retirement Plan in CA (490 participants, $50M 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 710646525.

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.