Defined Benefit (Pension) · DOL Form 5500 · 2023
Southern Farm Bureau Life Insurance Company Pension Plan
Data updated 2026-08-25
- $230M
- Total assets Near avg plan size
- 607
- Participants Below avg headcount
- 95th
- Percentile by assets National rank
- $378,827
- Avg per participant High balance/head
Official DOL plan name: Southern Farm Bureau Life Insurance Company Retirement Plan · Sponsored by Southern Farm Bureau Life Insurance Company · Mississippi · Finance & Insurance
$230M in assets, 607 participants
Southern Farm Bureau Life Insurance Company's Southern Farm Bureau Life Insurance Company Retirement Plan reported $230M in total assets and 607 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- #8,186 in Finance & Insurance (8,869 peers)
Where Southern Farm Bureau Life Insurance Company Retirement Plan sits by assets
Southern Farm Bureau Life Insurance Company Retirement Plan sits in the top 5% of all filed plans by assets, $230M for 607 participants (~$378,827/participant), down 7.1% in 2023.
- #8,186
- in Finance & Insurance (8,869 peers)
- -7.1%
- assets change YoY
- 2.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Southern Farm Bureau Life Insurance Company Retirement Plan's outsized position by total assets
Southern Farm Bureau Life Insurance Company Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$229,947,844 Top 5% higher than 95% of 127,068 filed plans
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 Life Insurance Company Retirement 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 Farm Bureau Life Insurance Company Retirement Plan sits mid-pack in the medium band (607 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Southern Farm Bureau Life Insurance Company Retirement Plan reported net income fell from $12M in the plan year 2022 filing to -$16M in the plan year 2023 filing.
- Southern Farm Bureau Life Insurance Company Retirement Plan end-of-year assets fell from $247M in the plan year 2022 filing to $230M in the plan year 2023 filing.
- Southern Farm Bureau Life Insurance Company Retirement Plan reported participants rose from 593 in the plan year 2022 filing to 607 in the plan year 2023 filing.
DOL schedule card
Filing strip 640283583 · Southern Farm Bureau Life Insurance Company PY 2023 · Defined Benefit (Pension)
Southern Farm Bureau Life Insurance Company Retirement Plan · $230M · 607 · 95th
- PCT $230M
- PCT 607
- PCT 95th
- PCT Defined Benefit (Pension)
- PCT near International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan
- PCT ind #8186
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 Life Insurance Company Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $247M |
|---|---|
| Net Assets (End of Year) | $229M |
| Net Income | -$16M |
| Employer EIN | 640283583 |
| Plan Effective Date | 1949-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Farm Bureau Life Insurance Company)
Sponsor-wide plan assets over time
All Southern Farm Bureau Life Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $222M 10.147556627132184% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 593 | $247M |
| 2023 | 1 | 607 | $230M |
| 2024 | 1 | 628 | $222M |
Nearby Defined Benefit (Pension) Plans in Mississippi
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Hancock Whitney Corporation Pension Plan $746M · 1,723
- North Mississippi Health Services, Inc. Retirement Plan & Trust Agreement $492M · 1,837
- Sfb Casualty Ins Co Retirement Plan $431M · 1,492
- Cadence Retirement Plan and Trust Agreement $338M · 4,758
- Pension Plan for Employees of Central Service Association $175M · 450
Southern Farm Bureau Life Insurance Company Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Mississippi, the nearest Defined Benefit (Pension) by assets is International Brotherhood of Electrical Workers Local Union No. 252 Pension Plan in MI ($230M); by covered participants it is Northwest Community Hospital Employees Retirement Plan in IL (607 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($230M here).
Similar participant headcount
Nearest other-state filings by covered participants (607 participants); asset peers above are excluded.
- Northwest Community Hospital Employees Retirement Plan (IL) 607 · 0 off
- Visions Federal Credit Union Defined Benefit Plan and Trust (NY) 606 · 1 off
- Zoological Society of San Diego Restated Pension Plan for Non-Union Employees (CA) 606 · 1 off
- Dla Piper (US) Cash Balance Plan for Partners (MD) 606 · 1 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.