401(k) · DOL Form 5500 · 2024
Southern Bancorp, Inc. 401(k) Plan
Data updated 2026-08-25
- $54M
- Total assets Below avg plan size
- 542
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $99,469
- Avg per participant Below avg balance/head
Official DOL plan name: Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan · Sponsored by Southern Bancorp, Inc. · Arkansas · Finance & Insurance
$54M in assets, 542 participants
Southern Bancorp, Inc.'s Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported $54M in total assets and 542 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #6,562 in Finance & Insurance (8,549 peers)
Coverage in Arkansas
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan covers 542 participants in Arkansas, about 19% of the average Arkansas filer (state average ~2,784 per filing). Assets: $54M.
- #6,562
- in Finance & Insurance (8,549 peers)
- +17.9%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan's outsized position by total assets
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$53,912,382 Top 15% higher than 85% 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
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership 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. Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan sits mid-pack in the medium band (542 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan end-of-year assets rose from $46M in the plan year 2023 filing to $54M in the plan year 2024 filing.
- Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan reported participants rose from 490 in the plan year 2023 filing to 542 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 710646525 · Southern Bancorp, Inc. PY 2024 · 401(k)
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan · $54M · 542 · 85th
- PART $54M
- PART 542
- PART 85th
- PART 401(k)
- PART near Boswell Engineering 401(k) Plan
- PART ind #6562
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 Arkansas →
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan in the asset neighbourhood
Arkansas filing particulars
| Total Assets (Beginning of Year) | $46M |
|---|---|
| Net Assets (End of Year) | $54M |
| Net Income | $8M |
| Employer EIN | 710646525 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Bancorp, Inc.)
Sponsor-wide plan assets over time
All Southern Bancorp, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $54M 39.52415901200453% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 431 | $39M |
| 2023 | 1 | 490 | $46M |
| 2024 | 1 | 542 | $54M |
Nearby 401(k) Plans in Arkansas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Walmart 401(k) Plan $50.8B · 1,635,899
- Tyson Foods, Inc. Retirement Savings Plan $3.7B · 118,403
- Dillard's, Inc. Investment & Employee Stock Ownership Plan $3.0B · 30,070
- J.B. Hunt Transport Services, Inc. Employee Retirement Plan $1.4B · 35,023
- Windstream 401(k) Plan $1.3B · 9,409
Southern Bancorp 401(k) Retirement Savings and Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside Arkansas, the nearest 401(k) by assets is Boswell Engineering 401(k) Plan in NJ ($54M); by covered participants it is Twist Bioscience Corporation 401(k) Plan in CA (542 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($54M here).
- Boswell Engineering 401(k) Plan (NJ) $54M · 207
- The Houstonian 401(k) Plan (TX) $54M · 601
- Nexus Retirement Plan (MN) $54M · 1,173
- Mea, Messa, Mea Financial Services Employee Deferred Compensation Plan (MI) $54M · 535
Similar participant headcount
Nearest other-state filings by covered participants (542 participants); asset peers above are excluded.
- Twist Bioscience Corporation 401(k) Plan (CA) 542 · 0 off
- Brock & Scott PLLC 401(k) Profit Sharing Plan and Trust (NC) 542 · 0 off
- Kelly Companies 401(k) Plan (PA) 542 · 0 off
- Overdrive, Inc. 401(k) Retirement Plan (OH) 542 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.