401(k) · DOL Form 5500 · 2023

Independent Southern Bancshares Inc 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
92
Participants Small participant base
67th
Percentile by assets National rank
$159,834
Avg per participant Above avg balance/head
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Official DOL plan name: Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan · Sponsored by Independent Southern Bancshares Inc · Tennessee · Management of Enterprises

$15M in assets, 92 participants

Independent Southern Bancshares Inc's Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported $15M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #519 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan ranks #519 of 1,137 2023 filers by assets (2418% of the sector average)-$15M for 92 participants.

#519
in Management of Enterprises (1,137 peers)
+13.9%
assets growth YoY

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan's outsized position by total assets

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs every filed plan by assets

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

$14,704,754 Top 33% higher than 67% 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

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported participants rose from 89 in the plan year 2022 filing to 92 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 621206284 · Independent Southern Bancshares Inc PY 2023 · 401(k)

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan · $15M · 92 · 67th

  • SCH $15M
  • SCH 92
  • SCH 67th
  • SCH 401(k)
  • SCH near Ambassador Home Improvements, Inc. 401(k) Profit Sharing Plan
  • SCH ind #519

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 Management of Enterprises retirement plans → · Plans in Tennessee →

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan in the asset neighbourhood

C2 Educational Systems 401(k) Profit Sharing PlanC2 Educational Systems 401(k…$15MVpm Management, Inc. Savings and Retirement PlanVpm Management, Inc. Savings…$15MIndependent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) PlanIndependent Southern Bancsha…$15MAmbassador Home Improvements, Inc. 401(k) Profit Sharing PlanAmbassador Home Improvements…$15MMorris & Garritano Insurance Agency, Inc. 401(k) Profit Sharing PlanMorris & Garritano Insurance…$15M
End-of-year total assets ($M) among Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN621206284
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Southern Bancshares Inc)

Sponsor-wide plan assets over time

All Independent Southern Bancshares Inc plans reported in each filing year

Latest sponsor-wide plan assets
$15M 17.825969976139774% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $12.9M $15.2M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 89 $13M
2023 1 92 $15M
2024 1 101 $15M

Nearby 401(k) Plans in Tennessee

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

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan, Total assets ($B): 0.014704754 · Participants: 92Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Ambassador Home Improvements, Inc. 401(k) Profit Sharing Plan in PA ($15M); by covered participants it is Melanson, P.C. 401(k) Plan in NH (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan assets move in 2023?
Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan grew at a solid clip - up 13.9% during 2023, from $13M to $15M. Reported net income was $2M.
How have Independent Southern Bancshares Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Independent Southern Bancshares Inc's sponsor-wide assets grew 17.8%, from $13M to $15M.
Which 401(k) plans are similar in size to Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ambassador Home Improvements, Inc. 401(k) Profit Sharing Plan in PA ($15M, 253 participants).
Which 401(k) plans cover a similar participant headcount to Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Melanson, P.C. 401(k) Plan in NH (92 participants, N/A in assets).