Southern Benefit Administrators Inc. 401(k) Plan: Login, Facts & Contact Information

Southern Benefit Administrators Inc. 401(k) Plan Facts

Plan name
SBAI PROFIT SHARING AND RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
SOUTHERN BENEFIT ADMINISTRATORS INC.
Participants
229 (205 active employees)
Former employees with a balance
27
Plan assets
$25,405,839 at Dec 31, 2024
Average account balance
$112,915 across 225 accounts
Employer contributions
$768,008 in plan year 2024 (75% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1984
— Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

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

  • $1.02 million went into the plan in contributions, $768,008 of it from the employer (75%).
  • $580,283 was paid out to participants.
  • Investment and other income added $2.93 million.
  • Administrative expenses were $1,500, about $7 per account.

How the Southern Benefit Administrators Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019201$16.2 million$311,860$507,414
2020199$19.2 million$327,408$301,131
2021215$21.7 million$333,036$974,316
2022220$18.5 million$351,358$602,034
2023224$22.0 million$372,097$531,747
2024229$25.4 million$768,008$580,283

Southern Benefit Administrators Inc. 401(k) Contact Information

Phone
615-859-0131
Mailing address
2001 CALDWELL DRIVE, GOODLETTSVILLE TN 37072
Plan sponsor
SOUTHERN BENEFIT ADMINISTRATORS INC.
Employer identification number (EIN)
62-1116095
Plan number
001

Questions about the Southern Benefit Administrators Inc. 401(k)

Does Southern Benefit Administrators Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $768,008 in employer contributions for plan year 2024.

Does the Southern Benefit Administrators Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Southern Benefit Administrators Inc 401(k) plan?

229 participants at the start of plan year 2024, 205 of them active employees, and 27 former employees who still had money in the plan.

What is the average 401(k) balance at Southern Benefit Administrators Inc?

About $112,915 per account: $25.4 million in plan assets across 225 accounts with a balance at the end of plan year 2024.

Who manages the Southern Benefit Administrators Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Southern Benefit Administrators Inc. How do I access my 401(k)?

Your account stays with Principal 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.

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