401(k) · DOL Form 5500 · 2022

South Atlantic Services, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
260
Participants Below avg headcount
70th
Percentile by assets National rank
$49,920
Avg per participant Low balance/head
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Official DOL plan name: South Atlantic Services, Inc. 401(k) Plan · Sponsored by South Atlantic Services, Inc. · North Carolina · Other Services

$13M in assets, 260 participants

South Atlantic Services, Inc.'s South Atlantic Services, Inc. 401(k) Plan reported $13M in total assets and 260 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.

  • #6,951 in Other Services (8,398 peers)

Coverage in North Carolina

South Atlantic Services, Inc. 401(k) Plan covers 260 participants in North Carolina, about 32% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

#6,951
in Other Services (8,398 peers)
-13.4%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

South Atlantic Services, Inc. 401(k) Plan's outsized position by total assets

South Atlantic Services, Inc. 401(k) Plan vs every filed plan by assets

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

$12,979,233 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

South Atlantic Services, Inc. 401(k) Plan 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. South Atlantic Services, Inc. 401(k) Plan sits mid-pack in the medium band (260 participants).

Form 5500 schedule snapshot

Filing strip 560956028 · South Atlantic Services, Inc. PY 2022 · 401(k)

South Atlantic Services, Inc. 401(k) Plan · $13M · 260 · 70th

  • IND $13M
  • EOY 260
  • 5500 70th
  • ASSETS 401(k)
  • PCT near Main Industries, Inc. 401(k) Plan
  • EIN ind #6951

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 Other Services retirement plans → · Plans in North Carolina →

South Atlantic Services, Inc. 401(k) Plan in the asset neighbourhood

South Atlantic Services, Inc. 401(k) PlanSouth Atlantic Services, Inc…$13MMain Industries, Inc. 401(k) PlanMain Industries, Inc. 401(k)…$13MOutsource, LLC 401(k) Profit Sharing PlanOutsource, LLC 401(k) Profit…$13MArxium, Inc. 401(k) Plan$13MRaymond Retirement Plan$13M
End-of-year total assets ($M) among South Atlantic Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN560956028
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Atlantic Services, Inc.)

Sponsor-wide plan assets over time

All South Atlantic Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 37.018281434657965% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13M $17.8M ▲ +37.0%
Year Plans Participants Total Assets
2022 1 260 $13M
2023 1 306 $15M
2024 1 320 $18M

Nearby 401(k) Plans in North Carolina

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

South Atlantic Services, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants South Atlantic Services, Inc. 401(k) Plan, Total assets ($B): 0.012979233 · Participants: 260South Atlantic Services, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
South Atlantic Services, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

South Atlantic Services, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Main Industries, Inc. 401(k) Plan in VA ($13M); by covered participants it is Sk Life Science, Inc. 401(k) Profit Sharing Plan & Trust in NJ (260 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (260 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 South Atlantic Services, Inc. 401(k) Plan assets move in 2022?
South Atlantic Services, Inc. 401(k) Plan pulled back noticeably - down 13.4% during 2022, from $15M to $13M. Reported net income was -$2M.
How have South Atlantic Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), South Atlantic Services, Inc.'s sponsor-wide assets grew 37.0%, from $13M to $18M.
Which 401(k) plans are similar in size to South Atlantic Services, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Main Industries, Inc. 401(k) Plan in VA ($13M, 156 participants).
Which 401(k) plans cover a similar participant headcount to South Atlantic Services, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sk Life Science, Inc. 401(k) Profit Sharing Plan & Trust in NJ (260 participants, $30M in assets).