Southside Bancshares, Inc. 401(k) Plan: Login, Facts & Contact Information

Southside Bancshares, Inc. 401(k) Plan Facts

Plan name
SAVINGS PLAN FOR THE SUBSIDIARIES OF SOUTHSIDE BANCSHARES, INC.
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTHSIDE BANCSHARES, INC.
Participants
984 (789 active employees)
Former employees with a balance
135
Plan assets
$70,194,905 at Dec 31, 2024
Average account balance
$76,716 across 915 accounts
Employer contributions
$2,203,292 in plan year 2024 (29% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1985
✓ 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 Jun 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.58 million went into the plan in contributions, $2.20 million of it from the employer (29%).
  • $10.4 million was paid out to participants.
  • Investment and other income added $7.83 million.
  • Administrative expenses were $84,563, about $92 per account.

How the Southside Bancshares, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019934$43.7 million$1.42 million$1.11 million
2020942$50.5 million$1.92 million$4.02 million
2021940$60.9 million$1.95 million$4.11 million
20221,013$53.9 million$2.04 million$4.26 million
20231,041$65.3 million$2.23 million$5.15 million
2024984$70.2 million$2.20 million$10.4 million

Southside Bancshares, Inc. 401(k) Contact Information

Phone
903-531-7111
Mailing address
PO BOX 6170, TYLER TX 757110000
Plan sponsor
SOUTHSIDE BANCSHARES, INC.
Employer identification number (EIN)
75-1848732
Plan number
002

Questions about the Southside Bancshares, Inc. 401(k)

Does Southside Bancshares, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.20 million, 29% of all contributions.

Does the Southside Bancshares, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Southside Bancshares, Inc 401(k) plan?

984 participants at the start of plan year 2024, 789 of them active employees, and 135 former employees who still had money in the plan.

What is the average 401(k) balance at Southside Bancshares, Inc?

About $76,716 per account: $70.2 million in plan assets across 915 accounts with a balance at the end of plan year 2024.

Who manages the Southside Bancshares, 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 Southside Bancshares, 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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