401(k) · DOL Form 5500 · 2024
Southstate Bank, N.a. 401(k) Plan
Data updated 2026-08-25
- $629M
- Total assets Above avg plan size
- 5,297
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $118,667
- Avg per participant Near avg balance/head
Official DOL plan name: Southstate Bank 401(k) Retirement Savings Plan · Sponsored by Southstate Bank, N.a. · Florida · Finance & Insurance
$629M in assets, 5,297 participants
Southstate Bank, N.a.'s Southstate Bank 401(k) Retirement Savings Plan reported $629M in total assets and 5,297 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #8,195 in Finance & Insurance (8,549 peers)
Coverage in Florida
Southstate Bank 401(k) Retirement Savings Plan covers 5,297 participants in Florida, 8.4x the typical Florida plan (state average ~628 per filing). Assets: $629M.
- #8,195
- in Finance & Insurance (8,549 peers)
- +14.6%
- assets growth YoY
- 6.3×
- vs typical plan assets (national mean)
Southstate Bank 401(k) Retirement Savings Plan's outsized position by total assets
Southstate Bank 401(k) Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$628,579,409 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Southstate Bank 401(k) Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southstate Bank 401(k) Retirement Savings Plan lands in the large band (5,297 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southstate Bank 401(k) Retirement Savings Plan end-of-year assets rose from $549M in the plan year 2023 filing to $629M in the plan year 2024 filing.
- Southstate Bank 401(k) Retirement Savings Plan reported net income fell from $86M in the plan year 2023 filing to $80M in the plan year 2024 filing.
- Southstate Bank 401(k) Retirement Savings Plan reported participants rose from 5,113 in the plan year 2023 filing to 5,297 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 592979916 · Southstate Bank, N.a. PY 2024 · 401(k)
Southstate Bank 401(k) Retirement Savings Plan · $629M · 5,297 · 98th
- PART $629M
- PART 5,297
- PART 98th
- PART 401(k)
- PART near Twilio 401(k) Plan
- PART ind #8195
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 Florida →
Southstate Bank 401(k) Retirement Savings Plan in the asset neighbourhood
Florida filing particulars
| Total Assets (Beginning of Year) | $549M |
|---|---|
| Net Assets (End of Year) | $629M |
| Net Income | $80M |
| Employer EIN | 592979916 |
| Plan Effective Date | 1985-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southstate Bank, N.a.)
Sponsor-wide plan assets over time
All Southstate Bank, N.a. plans reported in each filing year
- Latest sponsor-wide plan assets
- $629M 35.84947709043204% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,123 | $463M |
| 2023 | 1 | 5,113 | $549M |
| 2024 | 1 | 5,297 | $629M |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- L3harris Retirement Savings Plan $16.3B · 40,330
- Savings Plan for Employees and Partners of Pwc $13.2B · 51,081
- Adp Totalsource Retirement Savings Plan $9.2B · 310,261
- Publix Super Markets, Inc. 401(k) Smart Plan $8.1B · 197,102
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.5B · 16,678
Scale composition for Southstate Bank 401(k) Retirement Savings Plan
Southstate Bank 401(k) Retirement Savings Plan reports $629M in end-of-year assets across 5,297 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $118,667 per participant (86% of the national average assets-per-participant) . Net income for plan year 2024 was $80M.
This plan identity (EIN 592979916, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $463M to $629M (+35.8%) while covered participants moved from 5,123 to 5,297 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,123 | $463M | Open filing |
| 2023 | 5,113 | $549M | Open filing |
| 2024 · index core | 5,297 | $629M | This page |
Southstate Bank 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Florida, the nearest 401(k) by assets is Twilio 401(k) Plan in CA ($629M); by covered participants it is Teva Pharmaceuticals Retirement Savings Plan in NJ (5,303 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($629M here).
- Twilio 401(k) Plan (CA) $629M · 3,492
- Fortinet Inc. 401(k) Plan (CA) $629M · 3,826
- Owens Corning Savings and Security Plan (OH) $629M · 5,544
- Intelsat 401(k) Retirement Savings Plan (VA) $628M · 1,575
Similar participant headcount
Nearest other-state filings by covered participants (5,297 participants); asset peers above are excluded.
- Teva Pharmaceuticals Retirement Savings Plan (NJ) 5,303 · 6 off
- Crst Expedited Inc D/B/a Crst the Transportation Solution Inc Ps 401(k) Plan (IA) 5,303 · 6 off
- The Kinetic Group, Inc. 401(k) Plan (MN) 5,303 · 6 off
- Company Savings Plan (TX) 5,308 · 11 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.