401(k) · DOL Form 5500 · 2022

South State Bank, N.a. 401(k) Plan

Data updated 2026-08-11

$463M
Total assets
5,123
Participants
98th
Percentile by assets
$90,319
Avg per participant
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Official DOL plan name: South State Bank 401(k) Retirement Savings Plan · Sponsored by South State Bank, N.a. · Florida · Finance & Insurance

$463M in assets, 5,123 participants

South State Bank, N.a.'s South State Bank 401(k) Retirement Savings Plan reported $463M in total assets and 5,123 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,879 in Finance & Insurance (9,261 peers)

Coverage in Florida

South State Bank 401(k) Retirement Savings Plan covers 5,123 participants in Florida, 8.2x the typical Florida plan (state average ~628 per filing). Assets: $463M.

$463M
total plan assets (2022 EOY)
5,123
covered participants
98th
percentile by assets (of 139,126 plans)
$90,319
avg assets per participant

The plan reported a net loss of $66M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. South State Bank 401(k) Retirement Savings Plan reports 5,123 participants - 8.2x that state average ($463M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$529M
Net Assets (End of Year)$463M
Net Income-$66M
Employer EIN592979916
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South State Bank, N.a.)

$400M$450M$500M$550M$600M$650M 202220232024 $463M $629M ▲ +35.9%
Total plan assets by year, all South State Bank, N.a. plans on file
Year Plans Participants Total Assets
2022 1 5,123 $463M
2023 1 5,113 $549M
2024 1 5,297 $629M

Nearby 401(k) Plans in Florida

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

South State Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

South State Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants South State Bank 401…L3harris Retirement …Savings Plan for Emp…Adp Totalsource Reti…Publix Super Markets…Nextera Energy, Inc.…
South State Bank 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Scale composition for South State Bank 401(k) Retirement Savings Plan

South State Bank 401(k) Retirement Savings Plan reports $463M in end-of-year assets across 5,123 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $90,319 per participant (65% of the national average assets-per-participant) . Net income for plan year 2022 was -$66M.

This plan identity (EIN 592979916, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $463M to $629M (+35.8%) while covered participants moved from 5,123 to 5,297 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,123 $463M This page
2023 5,113 $549M Open filing
2024 · index core 5,297 $629M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to South State Bank 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did South State Bank 401(k) Retirement Savings Plan assets move in 2022?
South State Bank 401(k) Retirement Savings Plan pulled back noticeably - down 12.5% during 2022, from $529M to $463M. Reported net income was -$66M.
How have South State Bank, N.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), South State Bank, N.a.'s sponsor-wide assets grew 35.8%, from $463M to $629M.
Where does South State Bank 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
South State Bank 401(k) Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to South State Bank 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Epic Games, Inc. 401(k) Plan and Trust in NC ($463M, 2,255 participants).

Next read for South State Bank 401(k) Retirement Savin…

Filing takeaways

Ways to act on South State Bank 401(k) Retirement Savings Plan's numbers.