401(k) · DOL Form 5500 · 2024

BANKSOUTH 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
293
Participants Below avg headcount
80th
Percentile by assets National rank
$124,826
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Banksouth's 401(k) Plan · Sponsored by BANKSOUTH · Georgia · Finance & Insurance

$37M in assets, 293 participants

BANKSOUTH's Banksouth's 401(k) Plan reported $37M in total assets and 293 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,905 in Finance & Insurance (8,549 peers)

Coverage in Georgia

Banksouth's 401(k) Plan covers 293 participants in Georgia, about 27% of the average Georgia filer (state average ~1,096 per filing). Assets: $37M.

#5,905
in Finance & Insurance (8,549 peers)
+17.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Banksouth's 401(k) Plan's outsized position by total assets

Banksouth's 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$36,574,081 Top 20% higher than 80% of 123,620 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 2024

Banksouth's 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Banksouth's 401(k) Plan sits mid-pack in the medium band (293 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Banksouth's 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Banksouth's 401(k) Plan end-of-year assets rose from $31M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Banksouth's 401(k) Plan reported participants fell from 305 in the plan year 2023 filing to 293 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 582267017 · BANKSOUTH PY 2024 · 401(k)

Banksouth's 401(k) Plan · $37M · 293 · 80th

  • IND $37M
  • EOY 293
  • 5500 80th
  • ASSETS 401(k)
  • PCT near Sttc 401(k) Retirement Savings Plan
  • EIN ind #5905

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 Georgia →

Banksouth's 401(k) Plan in the asset neighbourhood

Banksouth's 401(k) Plan$37MSttc 401(k) Retirement Savings PlanSttc 401(k) Retirement Savin…$37MIq Credit Union 401(k) Plan$37MSsfm International, Inc. 401(k) Profit Sharing PlanSsfm International, Inc. 401…$37MActors' Fund of America 401(k) PlanActors' Fund of America 401(…$37M
End-of-year total assets ($M) among Banksouth's 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$37M
Net Income$5M
Employer EIN582267017
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (BANKSOUTH)

Sponsor-wide plan assets over time

All BANKSOUTH plans reported in each filing year

Latest sponsor-wide plan assets
$37M 33.35286064478266% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.4M $36.6M ▲ +33.3%
Year Plans Participants Total Assets
2022 1 346 $27M
2023 1 305 $31M
2024 1 293 $37M

Nearby 401(k) Plans in Georgia

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

Banksouth's 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Banksouth's 401(k) Plan, Total assets ($B): 0.036574081 · Participants: 293Banksouth's 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
Banksouth's 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Banksouth's 401(k) Plan side-by-side with 3 peers →

Banksouth's 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Sttc 401(k) Retirement Savings Plan in PA ($37M); by covered participants it is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (293 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($37M here).

Similar participant headcount

Nearest other-state filings by covered participants (293 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Banksouth's 401(k) Plan assets move in 2024? ▼
Banksouth's 401(k) Plan grew sharply - up 17.0% during 2024, from $31M to $37M. Reported net income was $5M.
How have BANKSOUTH plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), BANKSOUTH's sponsor-wide assets grew 33.4%, from $27M to $37M.
Where does Banksouth's 401(k) Plan rank by assets among Form 5500 filers? ▼
Banksouth's 401(k) Plan ranks in the 80th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Banksouth's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sttc 401(k) Retirement Savings Plan in PA ($37M, 681 participants).
Which 401(k) plans cover a similar participant headcount to Banksouth's 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Polo Club of Boca Raton, Poa, Inc. 401(k) Profit Sharing Plan in FL (293 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 582267017.

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.