I wouldn't try to rip something that thick with a table saw unless it was a beast of a saw - not only would you likely bind the blade while trying to muscle the wood over it, but the wood may move (twist, warp) as it's cut - even a little and the blade is pinched. I've had success ripping 6x8 and 8x8 treated lumber using a handheld 7 1/4" circular saw with a rip fence attached and a rough cut blade (about 3/16" kerf). Thick wood loves to move as you cut it, especially wet treated lumber- you need to be ready to lift the blade out when you hear it start binding, and don't have your face/ leg right behind it in case it kicks back. I did have to rescue the blade once with a wedge... and the 8x8 lumber had about an inch left between cuts which I took care of with an unpowered rip saw.
If you don't have a circular saw, you can rent one at HD or other rental place - just make sure it has the rip fence in the box. I recommend you screw a 1x4 about a foot long to the fence to keep the blade as straight as possible as you go -and use the same side of the wood as your reference side when you flip the beam to cut from the other side. Don't try to cut the max depth at once -depending on how dry your wood is inside, take 2 or 3 passes (the dryer, the faster). No need to rush - this bench will be with you for a long time.
Or, make friends with someone who has a large bandsaw... like Brian, I tend to work alone, so this was my solution
good luck
Karl