401(k) · DOL Form 5500 · 2024

Southern Farm Bureau Casualty Insurance Company 401(k) Plan

Data updated 2026-08-11

$528M
Total assets: 2,689
Participants: 97th
Percentile by assets: $196,482
Avg per participant

Official DOL plan name: Southern Farm Bureau and Adopting Companies 401(k) Plan · Sponsored by Southern Farm Bureau Casualty Insurance Company · Mississippi · Finance & Insurance

$528M in assets, 2,689 participants

Southern Farm Bureau Casualty Insurance Company's Southern Farm Bureau and Adopting Companies 401(k) Plan reported $528M in total assets and 2,689 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#8,147 in Finance & Insurance (8,549 peers)

Coverage in Mississippi

Southern Farm Bureau and Adopting Companies 401(k) Plan covers 2,689 participants in Mississippi, 7.3x the typical Mississippi plan (state average ~366 per filing). Assets: $528M.

$528M
total plan assets (2024 EOY): 2,689
covered participants: 97th
percentile by assets (of 123,622 plans): $196,482
avg assets per participant

Southern Farm Bureau and Adopting Companies 401(k) Plan reported net income rose from $44M in the plan year 2023 filing to $51M in the plan year 2024 filing.
Southern Farm Bureau and Adopting Companies 401(k) Plan end-of-year assets rose from $477M in the plan year 2023 filing to $528M in the plan year 2024 filing.
Southern Farm Bureau and Adopting Companies 401(k) Plan reported participants rose from 2,657 in the plan year 2023 filing to 2,689 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Mississippi

Industry

Finance & Insurance

Participants vs Mississippi filers

In Mississippi, the average filing covers about 366 participants across 521 plans. Southern Farm Bureau and Adopting Companies 401(k) Plan reports 2,689 participants - 7.3x that state average ($528M EOY assets).

Mississippi filing particulars

Total Assets (Beginning of Year)	$477M
Net Assets (End of Year)	$528M
Net Income	$51M
Employer EIN	640288243
Plan Effective Date	2016-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Southern Farm Bureau Casualty Insurance Company)

Total plan assets by year, all Southern Farm Bureau Casualty Insurance Company plans on file

Year	Plans	Participants	Total Assets
2022	2	4,111	$862M
2023	2	4,149	$908M
2024	2	4,218	$974M

Nearby 401(k) Plans in Mississippi

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

Southern Farm Bureau and Adopting Companies 401(k) Plan vs. nearby 401(k) plans in Mississippi, assets vs. participants

Cadence 401(k) Profit-Sharing Plan $817M · 6,117
Ergon 401(k) Plan $771M · 3,508
V2x 401(k) Retirement Plan $644M · 6,644
Hancock Whitney Corporation 401(k) Savings Plan $608M · 3,561
Hattiesburg Clinic P. a. Savings Plan $402M · 2,250

Compare Southern Farm Bureau and Adopting Compan… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Southern Farm Bureau and Adopting Companies 401(k) Plan by total assets, not by location.

Hawaiian Airlines, Inc. 401(k) Savings Plan (HI) $529M · 4,175
Ashley Furniture Industries, LLC Profit Sharing 401(k) Plan (WI) $528M · 16,155
Hunter Douglas, Inc. Employee Savings 401(k) Plan (NY) $529M · 3,663
Schindler Elevator Corporation Savings and Investment Plan (NJ) $528M · 2,253

Frequently Asked Questions

How did Southern Farm Bureau and Adopting Companies 401(k) Plan assets move in 2024? ▼

Southern Farm Bureau and Adopting Companies 401(k) Plan grew at a solid clip - up 10.8% during 2024, from $477M to $528M. Reported net income was $51M.

How have Southern Farm Bureau Casualty Insurance Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Southern Farm Bureau Casualty Insurance Company's sponsor-wide assets grew 13.0%, from $862M to $974M.

Where does Southern Farm Bureau and Adopting Companies 401(k) Plan rank by assets among Form 5500 filers? ▼

Southern Farm Bureau and Adopting Companies 401(k) Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Southern Farm Bureau and Adopting Companies 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hawaiian Airlines, Inc. 401(k) Savings Plan in HI ($529M, 4,175 participants).

Next read for Southern Farm Bureau and Adopting Compan…

Filing takeaways

Ways to act on Southern Farm Bureau and Adopting Companies 401(k) Plan's numbers.

By total assets, Southern Farm Bureau and Adopting Companies 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Mississippi. Compare plans
Southern Farm Bureau Casualty Insurance Company's sponsor-wide assets have grown 13.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 640288243.