401(k) · DOL Form 5500 · 2024

Southern Benefit Administrators Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
205
Participants Below avg headcount
75th
Percentile by assets National rank
$123,931
Avg per participant Near avg balance/head
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Official DOL plan name: Sbai Profit Sharing and Retirement Plan · Sponsored by Southern Benefit Administrators Inc. · Tennessee · Finance & Insurance

$25M in assets, 205 participants

Southern Benefit Administrators Inc.'s Sbai Profit Sharing and Retirement Plan reported $25M in total assets and 205 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,218 in Finance & Insurance (8,549 peers)

Coverage in Tennessee

Sbai Profit Sharing and Retirement Plan covers 205 participants in Tennessee, about 18% of the average Tennessee filer (state average ~1,126 per filing). Assets: $25M.

#5,218
in Finance & Insurance (8,549 peers)
+15.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Sbai Profit Sharing and Retirement Plan's outsized position by total assets

Sbai Profit Sharing and Retirement Plan vs every filed plan by assets

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

$25,405,839 Top 25% higher than 75% 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

Sbai Profit Sharing and Retirement 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. Sbai Profit Sharing and Retirement Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbai Profit Sharing and Retirement Plan end-of-year assets rose from $22M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Sbai Profit Sharing and Retirement Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Sbai Profit Sharing and Retirement Plan reported participants rose from 200 in the plan year 2023 filing to 205 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 621116095 · Southern Benefit Administrators Inc. PY 2024 · 401(k)

Sbai Profit Sharing and Retirement Plan · $25M · 205 · 75th

  • IND $25M
  • EOY 205
  • 5500 75th
  • ASSETS 401(k)
  • PCT near Cardinal Industrial Finishes Profit Sharing and Employee Savings Plan
  • EIN ind #5218

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 Tennessee →

Sbai Profit Sharing and Retirement Plan in the asset neighbourhood

Sbai Profit Sharing and Retirement PlanSbai Profit Sharing and Reti…$25MPower Resources, Inc. 401(k) PlanPower Resources, Inc. 401(k)…$25MHartfiel Automation, Inc. 401(k) Profit Sharing PlanHartfiel Automation, Inc. 40…$25MAnton Paar USA, Inc. Profit Sharing PlanAnton Paar USA, Inc. Profit …$25MCardinal Industrial Finishes Profit Sharing and Employee Savings PlanCardinal Industrial Finishes…$25M
End-of-year total assets ($M) among Sbai Profit Sharing and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN621116095
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Benefit Administrators Inc.)

Sponsor-wide plan assets over time

All Southern Benefit Administrators Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 37.23671798518411% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.5M $25.4M ▲ +37.3%
Year Plans Participants Total Assets
2022 1 198 $19M
2023 1 200 $22M
2024 1 205 $25M

Nearby 401(k) Plans in Tennessee

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

Sbai Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Sbai Profit Sharing and Retirement Plan, Total assets ($B): 0.025405839 · Participants: 205Sbai Profit Sharing and Retirement PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 25.378065969 · Participants: 113079Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 23.821303026 · Participants: 307086Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 5.306930367 · Participants: 5830Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.993858777 · Participants: 12564International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.778242011 · Participants: 59441Chs/Community Health Systems, Inc. Retirement Savings Plan
Sbai Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Sbai Profit Sharing and Retirement Plan side-by-side with 3 peers →

Sbai Profit Sharing and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Cardinal Industrial Finishes Profit Sharing and Employee Savings Plan in CA ($25M); by covered participants it is T5 Data Centers LLC 401(k) Profit Sharing Plan & Trust in GA (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Sbai Profit Sharing and Retirement Plan assets move in 2024? ▼
Sbai Profit Sharing and Retirement Plan grew sharply - up 15.3% during 2024, from $22M to $25M. Reported net income was $3M.
How have Southern Benefit Administrators Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Benefit Administrators Inc.'s sponsor-wide assets grew 37.2%, from $19M to $25M.
Where does Sbai Profit Sharing and Retirement Plan rank by assets among Form 5500 filers? ▼
Sbai Profit Sharing and Retirement Plan ranks in the 75th 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 Sbai Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cardinal Industrial Finishes Profit Sharing and Employee Savings Plan in CA ($25M, 289 participants).
Which 401(k) plans cover a similar participant headcount to Sbai Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T5 Data Centers LLC 401(k) Profit Sharing Plan & Trust in GA (205 participants, N/A 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 621116095.

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.