401(k) · DOL Form 5500 · 2024

Simpson Law Firm PA 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets: 19
Participants Small participant base: 29th
Percentile by assets National rank: $98,396
Avg per participant Below avg balance/head

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Official DOL plan name: Slf 401(k) Plan · Sponsored by Simpson Law Firm PA · Mississippi · Professional & Technical Services

$2M in assets, 19 participants

Simpson Law Firm PA's Slf 401(k) Plan reported $2M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

#4,906 in Professional & Technical Services (20,173 peers)

2024 asset change

Slf 401(k) Plan declined sharply 20.2% in 2024 ($2M → $2M) for 19 participants.

#4,906
in Professional & Technical Services (20,173 peers): -20.2%
assets change YoY

The plan reported a net loss of $474K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Slf 401(k) Plan among the smaller filed plans by assets

Slf 401(k) Plan vs every filed plan by assets

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

$1,869,517 29th percentile higher than 29% 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

Slf 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Slf 401(k) Plan is a small filing (19 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Slf 401(k) Plan reported net income fell from $309K in the plan year 2023 filing to -$474K in the plan year 2024 filing.
Slf 401(k) Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
Slf 401(k) Plan reported participants rose from 18 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 721376573 · Simpson Law Firm PA PY 2024 · 401(k)

Slf 401(k) Plan · $2M · 19 · 29th

IND $2M
EOY 19
5500 29th
ASSETS 401(k)
PCT near Paramo Management & Consulting 401(k)
EIN ind #4906

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 Professional & Technical Services retirement plans → · Plans in Mississippi →

End-of-year total assets ($M) among Slf 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Simpson Law Firm PA years around the 2024 move

Latest sponsor-wide plan assets: $2M 8.11125244772293% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	19	$2M
2023	1	18	$2M
2024	1	19	$2M

2024 asset-move particulars

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$2M
Net Income	-$474K
Employer EIN	721376573
Plan Effective Date	2009-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Mississippi

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

Slf 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
Southern Farm Bureau and Adopting Companies 401(k) Plan $528M · 2,689

Compare Slf 401(k) Plan side-by-side with 3 peers →

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

Outside Mississippi, the nearest 401(k) by assets is Paramo Management & Consulting 401(k) in IL ($2M); by covered participants it is Handsome Holdings, Inc. 401(k) Plan in TX (19 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Paramo Management & Consulting 401(k) (IL) $2M · 1
Lighthouse Behavioral Health Solutions 401(k) (OH) $2M · 286
United Equity Inc. 401(k) Plan (OH) $2M · 30
Broadway Dental Associates PA 401(k) Plan (NJ) $2M · 6

Similar participant headcount

Nearest other-state filings by covered participants (19 participants); asset peers above are excluded.

Handsome Holdings, Inc. 401(k) Plan (TX) 19 · 0 off
American Interstate Bancorporation 401(k) Plan & Trust (NE) 19 · 0 off
Wings South, Inc 401(k) Plan (SC) 19 · 0 off
J&j Furniture, Inc. 401(k) Profit Sharing Plan (MD) 19 · 0 off

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 Slf 401(k) Plan assets move in 2024? ▼

Slf 401(k) Plan declined sharply - down 20.2% during 2024, from $2M to $2M. Reported net income was -$474K.

How have Simpson Law Firm PA plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Simpson Law Firm PA's sponsor-wide assets declined 8.1%, from $2M to $2M.

Which 401(k) plans are similar in size to Slf 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Paramo Management & Consulting 401(k) in IL ($2M, 1 participant).

Which 401(k) plans cover a similar participant headcount to Slf 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Handsome Holdings, Inc. 401(k) Plan in TX (19 participants, $412K 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 721376573.