ESOP · DOL Form 5500 · 2022

Southern Air Incorporated ESOP

Data updated 2026-08-11

$28M
Total assets
600
Participants
82nd
Percentile by assets
$46,698
Avg per participant
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Official DOL plan name: Southern Air Incorporated Employee Stock Ownership Plan and Trust · Sponsored by Southern Air Incorporated · Virginia · Construction

$28M in assets, 600 participants

Southern Air Incorporated's Southern Air Incorporated Employee Stock Ownership Plan and Trust reported $28M in total assets and 600 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 139,126 plans)
  • #8,044 in Construction (9,927 peers)

Where Southern Air Incorporated Employee Stock Ownership Plan and Trust sits by assets

Southern Air Incorporated Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $28M for 600 participants (~$46,698/participant), up 6.1% in 2022.

$28M
total plan assets (2022 EOY)
600
covered participants
82nd
percentile by assets (of 139,126 plans)
$46,698
avg assets per participant
State
Industry

Southern Air Incorporated Employee Stock Ownership Plan and Trust vs the 2022 asset distribution

By assets, Southern Air Incorporated Employee Stock Ownership Plan and Trust outranks 82% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN540604377
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Air Incorporated)

$70M$80M$90M$100M$110M$120M 202220232024 $79.4M $111M â–˛ +39.8%
Total plan assets by year, all Southern Air Incorporated plans on file
Year Plans Participants Total Assets
2022 2 1,285 $79M
2023 2 1,353 $94M
2024 2 1,355 $111M

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Southern Air Incorporated Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Southern Air Incorporated Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -20002004006008001000 Total assets ($M) Participants Southern Air Incorpo…Nvr, Inc. Employee S…The Resorts Companie…American Systems Cor…New River Electrical…Davis H. Elliot Comp…
Southern Air Incorporated Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Southern Air Incorporated Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Southern Air Incorporated Employee Stock Ownership Plan and Trust assets move in 2022?
Southern Air Incorporated Employee Stock Ownership Plan and Trust grew at a solid clip - up 6.1% during 2022, from $26M to $28M. Reported net income was $2M.
How have Southern Air Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Air Incorporated's sponsor-wide assets grew 39.8%, from $79M to $111M.
Where does Southern Air Incorporated Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Southern Air Incorporated Employee Stock Ownership Plan and Trust ranks in the 82nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Southern Air Incorporated Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Robert D. Gilmore & Associates, Inc. Employee Stock Ownership Plan in PA ($28M, 165 participants).

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Scale reading

Ways to act on Southern Air Incorporated Employee Stock Ownership Plan and Trust's numbers.