401(k) · DOL Form 5500 · 2022
Piedmont Federal Savings Bank 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 126
- Participants Small participant base
- 77th
- Percentile by assets National rank
- $153,002
- Avg per participant Above avg balance/head
Official DOL plan name: Profit Sharing Retirement Plan of Piedmont Federal Savings Bank · Sponsored by Piedmont Federal Savings Bank · North Carolina · Finance & Insurance
$19M in assets, 126 participants
Piedmont Federal Savings Bank's Profit Sharing Retirement Plan of Piedmont Federal Savings Bank reported $19M in total assets and 126 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.
- #5,851 in Finance & Insurance (9,261 peers)
Coverage in North Carolina
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank covers 126 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $19M.
- #5,851
- in Finance & Insurance (9,261 peers)
- -14.3%
- assets change YoY
- 0.2×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank's outsized position by total assets
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$19,278,307 Top 23% higher than 77% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank 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. Profit Sharing Retirement Plan of Piedmont Federal Savings Bank sits mid-pack in the medium band (126 participants).
DOL schedule card
Filing strip 560358476 · Piedmont Federal Savings Bank PY 2022 · 401(k)
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank · $19M · 126 · 77th
- PCT $19M
- PCT 126
- PCT 77th
- PCT 401(k)
- PCT near Peoplease LLC PLC Services, LLC 401(k) Plan
- PCT ind #5851
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 North Carolina →
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | -$3M |
| Employer EIN | 560358476 |
| Plan Effective Date | 1952-12-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Piedmont Federal Savings Bank)
Sponsor-wide plan assets over time
All Piedmont Federal Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $20M 4.0134333372738595% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 126 | $19M |
| 2023 | 1 | 127 | $18M |
| 2024 | 1 | 119 | $20M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Peoplease LLC PLC Services, LLC 401(k) Plan in SC ($19M); by covered participants it is Texas Citizens Bank, N. a. 401(k) Plan in TX (126 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Peoplease LLC PLC Services, LLC 401(k) Plan (SC) $19M · 2,605
- Arthur Schuman Inc. 401(k) Profit Sharing Plan (NJ) $19M · 492
- Brookfield Academy Retirement Plan (WI) $19M · 105
- Reliance First Capital, LLC Employees Savings Trust (NY) $19M · 397
Similar participant headcount
Nearest other-state filings by covered participants (126 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.