401(k) · DOL Form 5500 · 2022

Southern Gear and Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
89
Participants Small participant base
42nd
Percentile by assets National rank
$36,270
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Southern Gear and Machine, Inc. Employee Stock Ownership Plan · Sponsored by Southern Gear and Machine, Inc. · Florida · Manufacturing

$3M in assets, 89 participants

Southern Gear and Machine, Inc.'s Southern Gear and Machine, Inc. Employee Stock Ownership Plan reported $3M in total assets and 89 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.

  • #5,159 in Manufacturing (20,602 peers)

2022 asset change

Southern Gear and Machine, Inc. Employee Stock Ownership Plan pulled back noticeably 8.6% in 2022 ($4M → $3M) for 89 participants.

#5,159
in Manufacturing (20,602 peers)
-8.6%
assets change YoY

The plan reported a net loss of $303K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Gear and Machine, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,227,990 42nd percentile higher than 42% 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

Southern Gear and Machine, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Gear and Machine, Inc. Employee Stock Ownership Plan is a small filing (89 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 590817825 · Southern Gear and Machine, Inc. PY 2022 · 401(k)

Southern Gear and Machine, Inc. Employee Stock Ownership Plan · $3M · 89 · 42nd

  • BOOK $3M
  • VS-ST 89
  • BOY 42nd
  • SCH 401(k)
  • EBSA near New Jersey Eye and Ear 401(k) Profit Sharing Plan
  • PART ind #5159

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 Manufacturing retirement plans → · Plans in Florida →

Southern Gear and Machine, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Southern Gear and Machine, Inc. Employee Stock Ownership PlanSouthern Gear and Machine, I…$3MNew Jersey Eye and Ear 401(k) Profit Sharing PlanNew Jersey Eye and Ear 401(k…$3MPac-12 Enterprises, LLC Access PlanPac-12 Enterprises, LLC Acce…$3MBradford Machine 401(k) Plan and TrustBradford Machine 401(k) Plan…$3MMarginedge 401(k) Plan$3M
End-of-year total assets ($M) among Southern Gear and Machine, Inc. Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Southern Gear and Machine, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Southern Gear and Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 3.3111316949556846% vs 2022
2024 filing year
$3.1M$3.15M$3.2M$3.25M$3.3M 202220232024 $3.23M $3.12M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 89 $3M
2023 1 95 $3M
2024 1 85 $3M

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$303K
Employer EIN590817825
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Florida

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

Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Southern Gear and Machine, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00322799 · Participants: 89Southern Gear and Machine, Inc. Employee Stock Ownership PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Southern Gear and Machine, Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is New Jersey Eye and Ear 401(k) Profit Sharing Plan in NJ ($3M); by covered participants it is Timberline Hospitalities, LLC Pension Plan in WY (89 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (89 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 Southern Gear and Machine, Inc. Employee Stock Ownership Plan assets move in 2022?
Southern Gear and Machine, Inc. Employee Stock Ownership Plan pulled back noticeably - down 8.6% during 2022, from $4M to $3M. Reported net income was -$303K.
How have Southern Gear and Machine, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Gear and Machine, Inc.'s sponsor-wide assets declined 3.3%, from $3M to $3M.
Which 401(k) plans are similar in size to Southern Gear and Machine, Inc. Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by assets is New Jersey Eye and Ear 401(k) Profit Sharing Plan in NJ ($3M, 84 participants).
Which 401(k) plans cover a similar participant headcount to Southern Gear and Machine, Inc. Employee Stock Ownership Plan?
Among 401(k) plans in other states, the closest by covered participants is Timberline Hospitalities, LLC Pension Plan in WY (89 participants, N/A in assets).