401(k) · DOL Form 5500 · 2022

South Banking Company 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
131
Participants Small participant base
70th
Percentile by assets National rank
$100,460
Avg per participant Below avg balance/head
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Official DOL plan name: Savings Plan for Employees of South Banking Company · Sponsored by South Banking Company · Georgia · Finance & Insurance

$13M in assets, 131 participants

South Banking Company's Savings Plan for Employees of South Banking Company reported $13M in total assets and 131 participants in its 2022 DOL Form 5500 filing, ranking in the 70th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,026 in Finance & Insurance (9,261 peers)

Coverage in Georgia

Savings Plan for Employees of South Banking Company covers 131 participants in Georgia, about 12% of the average Georgia filer (state average ~1,096 per filing). Assets: $13M.

#5,026
in Finance & Insurance (9,261 peers)
-6.8%
assets change YoY

The plan reported a net loss of $959K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Savings Plan for Employees of South Banking Company's outsized position by total assets

Savings Plan for Employees of South Banking Company vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$13,160,229 Top 30% higher than 70% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Savings Plan for Employees of South Banking Company among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Plan for Employees of South Banking Company sits mid-pack in the medium band (131 participants).

Published 5500 schedule card

Filing strip 581418696 · South Banking Company PY 2022 · 401(k)

Savings Plan for Employees of South Banking Company · $13M · 131 · 70th

  • RANK $13M
  • RANK 131
  • RANK 70th
  • RANK 401(k)
  • RANK near Creative Solutions in Healthcare 401(k) Plan
  • RANK ind #5026

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Georgia →

Savings Plan for Employees of South Banking Company in the asset neighbourhood

Savings Plan for Employees of South Banking CompanySavings Plan for Employees o…$13MCreative Solutions in Healthcare 401(k) PlanCreative Solutions in Health…$13MHobas Pipe USA, Inc. 401(k) Profit Sharing PlanHobas Pipe USA, Inc. 401(k) …$13MSpecialty Commerce Corp. Retirement Savings PlanSpecialty Commerce Corp. Ret…$13MJdk Management Co. L.P. Employee Savings and Retirement PlanJdk Management Co. L.P. Empl…$13M
End-of-year total assets ($M) among Savings Plan for Employees of South Banking Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$959K
Employer EIN581418696
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Banking Company)

Sponsor-wide plan assets over time

All South Banking Company plans reported in each filing year

Latest sponsor-wide plan assets
$16M 20.18546941698355% vs 2022
2024 filing year
$12M$13M$14M$15M$16M$17M 202220232024 $13.2M $15.8M ▲ +20.2%
Year Plans Participants Total Assets
2022 1 131 $13M
2023 1 135 $14M
2024 1 158 $16M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Savings Plan for Employees of South Banking Company vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Savings Plan for Employees of South Banking Company, Total assets ($B): 0.013160229 · Participants: 131Savings Plan for Employees of South Banking CompanyThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
Savings Plan for Employees of South Banking Company vs. nearby 401(k) plans in Georgia, assets vs. participants

Savings Plan for Employees of South Banking Company's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Creative Solutions in Healthcare 401(k) Plan in TX ($13M); by covered participants it is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Savings Plan for Employees of South Banking Company assets move in 2022?
Savings Plan for Employees of South Banking Company pulled back noticeably - down 6.8% during 2022, from $14M to $13M. Reported net income was -$959K.
How have South Banking Company plan assets changed over time?
Across 3 plan years on file (2022-2024), South Banking Company's sponsor-wide assets grew 20.2%, from $13M to $16M.
Which 401(k) plans are similar in size to Savings Plan for Employees of South Banking Company?
Among 401(k) plans in other states, the closest by assets is Creative Solutions in Healthcare 401(k) Plan in TX ($13M, 7,715 participants).
Which 401(k) plans cover a similar participant headcount to Savings Plan for Employees of South Banking Company?
Among 401(k) plans in other states, the closest by covered participants is Premium Brands Holdings Corporation Retirement Plan in WA (131 participants, $4M in assets).