Southern Farm Bureau And Adopting Companies 401(K) Plan — Form 5500 plan (Southern Farm Bureau Casualty Insurance Company)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Southern Farm Bureau And Adopting Companies 401(K) Plan is a benefit plan reported by Southern Farm Bureau Casualty Insurance Company under EIN 64-0288243 and plan number 004. The latest loaded filing year is 2023. The filing reports 3,637 participants and $476,889,063 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Southern Farm Bureau Casualty Insurance Company
EIN
64-0288243
Plan number
004
Plan type
3
Location
Ridgeland, MS
Latest filing year
2023
Participants
3,637
End-of-year plan assets
$476,889,063

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,637H, C20241007151007NAL0031255810001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$476,889,063
Total liabilities (EOY)
$0
Net assets (EOY)
$476,889,063
Net assets (BOY)
$432,693,601

Income & contributions

Employer contributions
$7,887,019
Participant contributions
$15,026,893
Total contributions
$23,981,658
Total income / additions
$96,872,158

Expenses & distributions

Benefits paid
$52,443,025
Administrative expenses
$233,671
Total expenses
$52,676,696
Net increase / (decrease)
$44,195,462

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$233,671$02023

Related Form 5500 pages