401(k) · DOL Form 5500 · 2024

Independent Southern Bancshares Inc 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
101
Participants Small participant base
65th
Percentile by assets National rank
$150,629
Avg per participant Above avg balance/head
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Official DOL plan name: Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan · Sponsored by Independent Southern Bancshares Inc · Tennessee · Management of Enterprises

$15M in assets, 101 participants

Independent Southern Bancshares Inc's Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported $15M in total assets and 101 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #530 in Management of Enterprises (1,133 peers)

Coverage in Tennessee

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan covers 101 participants in Tennessee, about 9% of the average Tennessee filer (state average ~1,126 per filing). Assets: $15M.

#530
in Management of Enterprises (1,133 peers)
+3.5%
assets growth YoY

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan's mid-pack asset rank among Management of Enterprises and all filers

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs every filed plan by assets

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

$15,213,529 Top 35% higher than 65% 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

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/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. Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan sits mid-pack in the medium band (101 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $509K in the plan year 2024 filing.
  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan reported participants rose from 92 in the plan year 2023 filing to 101 in the plan year 2024 filing.
  • Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan end-of-year assets rose from $15M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 621206284 · Independent Southern Bancshares Inc PY 2024 · 401(k)

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan · $15M · 101 · 65th

  • TYPE $15M
  • NET 101
  • BOOK 65th
  • VS-ST 401(k)
  • BOY near Max-Tech Inc. 401(k) Profit Sharing Plan
  • SCH ind #530

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 Management of Enterprises retirement plans → · Plans in Tennessee →

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan in the asset neighbourhood

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) PlanIndependent Southern Bancsha…$15MMax-Tech Inc. 401(k) Profit Sharing PlanMax-Tech Inc. 401(k) Profit …$15MLco 401(k) Plan$15MProfessional Building Systems, Inc. 401(k) PlanProfessional Building System…$15MInvestor Group Services, LLC 401(k) PlanInvestor Group Services, LLC…$15M
End-of-year total assets ($M) among Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income$509K
Employer EIN621206284
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Independent Southern Bancshares Inc)

Sponsor-wide plan assets over time

All Independent Southern Bancshares Inc plans reported in each filing year

Latest sponsor-wide plan assets
$15M 17.825969976139774% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $12.9M $15.2M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 89 $13M
2023 1 92 $15M
2024 1 101 $15M

Nearby 401(k) Plans in Tennessee

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

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan, Total assets ($B): 0.015213529 · Participants: 101Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) 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
Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Max-Tech Inc. 401(k) Profit Sharing Plan in MN ($15M); by covered participants it is Phh 401(k) Plan in TX (101 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (101 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 Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan assets move in 2024?
Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan edged up modestly - up 3.5% during 2024, from $15M to $15M. Reported net income was $509K.
How have Independent Southern Bancshares Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Independent Southern Bancshares Inc's sponsor-wide assets grew 17.8%, from $13M to $15M.
Which 401(k) plans are similar in size to Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Max-Tech Inc. 401(k) Profit Sharing Plan in MN ($15M, 669 participants).
Which 401(k) plans cover a similar participant headcount to Independent Southern Bancshares, Inc. Amended and Restated Profit Sharing/401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Phh 401(k) Plan in TX (101 participants, N/A in assets).