Southern Bancorp, Inc. 401(k) Plan: Login, Facts & Contact Information
Southern Bancorp, Inc. 401(k) Login
88 former Southern Bancorp, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Southern Bancorp, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.36 million went into the plan in contributions, $2.36 million of it from the employer (37%).
- $2.83 million was paid out to participants.
- Investment and other income added $4.80 million.
- Administrative expenses were $143,086, about $203 per account.
How the Southern Bancorp, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 435 | $26.7 million | $1.16 million | $1.89 million |
| 2020 | 486 | $32.1 million | $1.30 million | $1.38 million |
| 2021 | 463 | $39.1 million | $1.45 million | $2.43 million |
| 2022 | 567 | $38.6 million | $1.75 million | $3.02 million |
| 2023 | 631 | $45.7 million | $2.26 million | $3.22 million |
| 2024 | 666 | $53.9 million | $2.36 million | $2.83 million |
Southern Bancorp, Inc. 401(k) Contact Information
Questions about the Southern Bancorp, Inc. 401(k)
Does Southern Bancorp, Inc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $2.36 million in employer contributions for plan year 2024.
Does the Southern Bancorp, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Southern Bancorp, Inc 401(k) plan?
666 participants at the start of plan year 2024, 569 of them active employees, and 88 former employees who still had money in the plan.
What is the average 401(k) balance at Southern Bancorp, Inc?
About $76,580 per account: $53.9 million in plan assets across 704 accounts with a balance at the end of plan year 2024.
Who manages the Southern Bancorp, Inc 401(k) accounts?
Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Southern Bancorp, Inc. How do I access my 401(k)?
Your account stays with Newport (an Ascensus company) after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.