Money Purchase · DOL Form 5500 · 2024

Southern States Savings & Retirement Plan Trust Money Purchase Plan

Data updated 2026-08-06

$193M
Total assets
13,122
Participants
94th
Percentile by assets
$14,700
Avg per participant
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Official DOL plan name: Southern States Savings & Retirement Plan Trust · Sponsored by Southern States Savings & Retirement Plan Trust · Florida · Transportation & Warehousing

$193M in assets, 13,122 participants

Southern States Savings & Retirement Plan Trust's Southern States Savings & Retirement Plan Trust reported $193M in total assets and 13,122 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)
  • #2,900 in Transportation & Warehousing (3,127 peers)

Coverage in Florida

Southern States Savings & Retirement Plan Trust covers 13,122 participants in Florida, 21x the typical Florida plan (state average ~631 per filing). Assets: $193M.

$193M
total plan assets (2024 EOY)
13,122
covered participants
94th
percentile by assets (of 116,472 plans)
$14,700
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern States Savings & Retirement Plan Trust reported net income fell from $18M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Southern States Savings & Retirement Plan Trust end-of-year assets rose from $178M in the plan year 2023 filing to $193M in the plan year 2024 filing.
  • Southern States Savings & Retirement Plan Trust reported participants fell from 13,258 in the plan year 2023 filing to 13,122 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 631 participants across 6,304 plans. Southern States Savings & Retirement Plan Trust reports 13,122 participants - 21x that state average ($193M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$178M
Net Assets (End of Year)$193M
Net Income$15M
Employer EIN591785571
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern States Savings & Retirement Plan Trust)

$150M$160M$170M$180M$190M$200M 202220232024 $160M $193M ▲ +20.3%
Total plan assets by year, all Southern States Savings & Retirement Plan Trust plans on file
Year Plans Participants Total Assets
2022 1 13,122 $160M
2023 1 13,258 $178M
2024 1 13,122 $193M

Nearby Money Purchase Plans in Florida

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Southern States Savings & Retirement Plan Trust vs. nearby Money Purchase plans in Florida, assets vs. participants

Southern States Savings & Retirement Plan Trust vs. nearby Money Purchase plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 0100200300400500 Total assets ($M) Participants Southern States Savi…Elliott Money Purcha…Carolina Electrical …NECA-IBEW 177 Pensio…Lifelink Foundation,…I.B.E.W. Local Union…
Southern States Savings & Retirement Plan Trust vs. nearby Money Purchase plans in Florida, assets vs. participants

Scale composition for Southern States Savings & Retirement Plan Trust

Southern States Savings & Retirement Plan Trust reports $193M in end-of-year assets across 13,122 participants (0.002% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.015% of 89,805,449 covered participants) - about $14,700 per participant (11% of the national average assets-per-participant) . Net income for plan year 2024 was $15M.

This plan identity (EIN 591785571, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $160M to $193M (+20.3%) while covered participants moved from 13,122 to 13,122 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,122 $160M Open filing
2023 13,258 $178M Open filing
2024 · index core 13,122 $193M This page

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Southern States Savings & Retirement Plan Trust by total assets, not by location.

Frequently Asked Questions

How did Southern States Savings & Retirement Plan Trust assets move in 2024?
Southern States Savings & Retirement Plan Trust grew at a solid clip - up 8.2% during 2024, from $178M to $193M. Reported net income was $15M.
How have Southern States Savings & Retirement Plan Trust plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern States Savings & Retirement Plan Trust's sponsor-wide assets grew 20.3%, from $160M to $193M.
Where does Southern States Savings & Retirement Plan Trust rank by assets among Form 5500 filers?
Southern States Savings & Retirement Plan Trust ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Money Purchase plans are similar in size to Southern States Savings & Retirement Plan Trust?
Among Money Purchase plans in other states, the closest by assets is IBEW Local Union 375 Electricians' Retirement Plan in PA ($193M, 657 participants).

Next read for Southern States Savings & Retirement Pla…

Filing takeaways

Ways to act on Southern States Savings & Retirement Plan Trust's numbers.