401(k) · DOL Form 5500 · 2024

Southern Bank 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
554
Participants Below avg headcount
88th
Percentile by assets National rank
$127,094
Avg per participant Near avg balance/head
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Official DOL plan name: Southern Bank 401(k) Retirement Plan · Sponsored by Southern Bank · Missouri · Finance & Insurance

$70M in assets, 554 participants

Southern Bank's Southern Bank 401(k) Retirement Plan reported $70M in total assets and 554 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #6,903 in Finance & Insurance (8,549 peers)

Where Southern Bank 401(k) Retirement Plan sits by assets

Southern Bank 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $70M for 554 participants (~$127,094/participant), up 22.3% in 2024.

#6,903
in Finance & Insurance (8,549 peers)
+22.3%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Southern Bank 401(k) Retirement Plan's outsized position by total assets

Southern Bank 401(k) Retirement Plan vs every filed plan by assets

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

$70,409,948 Top 12% higher than 88% 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

Southern Bank 401(k) 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. Southern Bank 401(k) Retirement Plan sits mid-pack in the medium band (554 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Bank 401(k) Retirement Plan reported net income rose from $10M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Southern Bank 401(k) Retirement Plan end-of-year assets rose from $58M in the plan year 2023 filing to $70M in the plan year 2024 filing.
  • Southern Bank 401(k) Retirement Plan reported participants rose from 533 in the plan year 2023 filing to 554 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 430462350 · Southern Bank PY 2024 · 401(k)

Southern Bank 401(k) Retirement Plan · $70M · 554 · 88th

  • PHOTO $70M
  • IND 554
  • EOY 88th
  • 5500 401(k)
  • ASSETS near The Langdale Company Retirement Savings Plan
  • PCT ind #6903

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 Missouri →

Southern Bank 401(k) Retirement Plan in the asset neighbourhood

Southern Bank 401(k) Retirement PlanSouthern Bank 401(k) Retirem…$70MThe Langdale Company Retirement Savings PlanThe Langdale Company Retirem…$70MLor, Inc. 401(k) Plan$70MSpellman 401(k) Savings Plan$70MModern Forge Companies Employee Retirement Benefit PlanModern Forge Companies Emplo…$70M
End-of-year total assets ($M) among Southern Bank 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$70M
Net Income$13M
Employer EIN430462350
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Bank)

Sponsor-wide plan assets over time

All Southern Bank plans reported in each filing year

Latest sponsor-wide plan assets
$70M 48.04690640821329% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $47.6M $70.4M ▲ +48.0%
Year Plans Participants Total Assets
2022 1 501 $48M
2023 1 533 $58M
2024 1 554 $70M

Nearby 401(k) Plans in Missouri

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

Southern Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Southern Bank 401(k) Retirement Plan, Total assets ($B): 0.070409948 · Participants: 554Southern Bank 401(k) Retirement PlanEdward D. Jones & Co. Profit Sharing and 401(k) Plan, Total assets ($B): 12.368282167 · Participants: 47254Edward D. Jones & Co. Profit Sharing and 401(k) PlanBayer Corporation Savings and Retirement Plan, Total assets ($B): 10.811159993 · Participants: 19357Bayer Corporation Savings and Retirement PlanEmerson Savings Plan, Total assets ($B): 7.357409447 · Participants: 8315Emerson Savings PlanEnterprise Holdings Retirement Savings Plan, Total assets ($B): 6.521110634 · Participants: 72024Enterprise Holdings Retirement Savings PlanCentene Management Corporation Retirement Plan, Total assets ($B): 4.716699086 · Participants: 53760Centene Management Corporation Retirement Plan
Southern Bank 401(k) Retirement Plan vs. nearby 401(k) plans in Missouri, assets vs. participants
Compare Southern Bank 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Missouri, the nearest 401(k) by assets is The Langdale Company Retirement Savings Plan in GA ($70M); by covered participants it is Educational Employees Credit Union 401(k) Plan in CA (554 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (554 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 Southern Bank 401(k) Retirement Plan assets move in 2024? ▼
Southern Bank 401(k) Retirement Plan grew sharply - up 22.3% during 2024, from $58M to $70M. Reported net income was $13M.
How have Southern Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Bank's sponsor-wide assets grew 48.0%, from $48M to $70M.
Where does Southern Bank 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Southern Bank 401(k) Retirement Plan ranks in the 88th 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 Southern Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Langdale Company Retirement Savings Plan in GA ($70M, 956 participants).
Which 401(k) plans cover a similar participant headcount to Southern Bank 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Educational Employees Credit Union 401(k) Plan in CA (554 participants, $91M 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 430462350.

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.