Defined Benefit (Pension) · DOL Form 5500 · 2024

Southern Farm Bureau Casualty Insurance Company Pension Plan

Data updated 2026-08-11

$446M
Total assets
1,529
Participants
97th
Percentile by assets
$291,460
Avg per participant
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Official DOL plan name: Sfb Casualty Ins Co Retirement Plan · Sponsored by Southern Farm Bureau Casualty Insurance Company · Mississippi · Finance & Insurance

$446M in assets, 1,529 participants

Southern Farm Bureau Casualty Insurance Company's Sfb Casualty Ins Co Retirement Plan reported $446M in total assets and 1,529 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #8,085 in Finance & Insurance (8,549 peers)

Coverage in Mississippi

Sfb Casualty Ins Co Retirement Plan covers 1,529 participants in Mississippi, 4.2x the typical Mississippi plan (state average ~366 per filing). Assets: $446M.

$446M
total plan assets (2024 EOY)
1,529
covered participants
97th
percentile by assets (of 123,622 plans)
$291,460
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sfb Casualty Ins Co Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Sfb Casualty Ins Co Retirement Plan end-of-year assets rose from $431M in the plan year 2023 filing to $446M in the plan year 2024 filing.
  • Sfb Casualty Ins Co Retirement Plan reported participants rose from 1,492 in the plan year 2023 filing to 1,529 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Mississippi filers

In Mississippi, the average filing covers about 366 participants across 521 plans. Sfb Casualty Ins Co Retirement Plan reports 1,529 participants - 4.2x that state average ($446M EOY assets).

Mississippi filing particulars

Total Assets (Beginning of Year)$431M
Net Assets (End of Year)$445M
Net Income$15M
Employer EIN640288243
Plan Effective Date1954-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Farm Bureau Casualty Insurance Company)

$850M$900M$950M$1,000M 202220232024 $862M $974M â–˛ +13.0%
Total plan assets by year, all Southern Farm Bureau Casualty Insurance Company plans on file
Year Plans Participants Total Assets
2022 2 4,111 $862M
2023 2 4,149 $908M
2024 2 4,218 $974M

Nearby Defined Benefit (Pension) Plans in Mississippi

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants

Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 0200040006000 0200400600800 Total assets ($M) Participants Sfb Casualty Ins Co …Hancock Whitney Corp…Cadence Retirement P…Southern Farm Bureau…Pension Plan for Emp…Modine Manufacturing…
Sfb Casualty Ins Co Retirement Plan vs. nearby Defined Benefit (Pension) plans in Mississippi, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sfb Casualty Ins Co Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sfb Casualty Ins Co Retirement Plan assets move in 2024?
Sfb Casualty Ins Co Retirement Plan edged up modestly - up 3.5% during 2024, from $431M to $446M. Reported net income was $15M.
How have Southern Farm Bureau Casualty Insurance Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Farm Bureau Casualty Insurance Company's sponsor-wide assets grew 13.0%, from $862M to $974M.
Where does Sfb Casualty Ins Co Retirement Plan rank by assets among Form 5500 filers?
Sfb Casualty Ins Co Retirement Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sfb Casualty Ins Co Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is American Air Liquide Holdings, Inc. Retirement Plan in TX ($446M, 617 participants).

Filing takeaways

Ways to act on Sfb Casualty Ins Co Retirement Plan's numbers.