401(k) · DOL Form 5500 · 2022

Southern Bank and Trust Company 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
425
Participants Below avg headcount
82nd
Percentile by assets National rank
$66,456
Avg per participant Below avg balance/head
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Official DOL plan name: The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · Sponsored by Southern Bank and Trust Company · North Carolina · Finance & Insurance

$28M in assets, 425 participants

Southern Bank and Trust Company's The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported $28M in total assets and 425 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.

  • #6,580 in Finance & Insurance (9,261 peers)

Where The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits by assets

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits in the top quartile of all filed plans by assets, $28M for 425 participants (~$66,456/participant), down 2.2% in 2022.

#6,580
in Finance & Insurance (9,261 peers)
-2.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $625K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's outsized position by total assets

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company vs every filed plan by assets

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

$28,243,876 Top 18% higher than 82% 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

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company 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. The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits mid-pack in the medium band (425 participants).

DOL schedule card

Filing strip 560132260 · Southern Bank and Trust Company PY 2022 · 401(k)

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · $28M · 425 · 82nd

  • EIN $28M
  • RANK 425
  • PHOTO 82nd
  • IND 401(k)
  • EOY near Pexco LLC Retirement Savings Plan
  • 5500 ind #6580

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 →

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company in the asset neighbourhood

Foulger-Pratt Companies 401(k) PlanFoulger-Pratt Companies 401(…$28MThe Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust CompanyThe Enhanced Capital Accumul…$28MPexco LLC Retirement Savings PlanPexco LLC Retirement Savings…$28MThe Melling Employees' 401(k) PlanThe Melling Employees' 401(k…$28MIfg Companies 401(k) Plan$28M
End-of-year total assets ($M) among The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$28M
Net Income-$625K
Employer EIN560132260
Plan Effective Date2012-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Bank and Trust Company)

Sponsor-wide plan assets over time

All Southern Bank and Trust Company plans reported in each filing year

Latest sponsor-wide plan assets
$175M 18.33213335262524% vs 2022
2024 filing year
$140M$150M$160M$170M$180M 202220232024 $148M $175M ▲ +18.3%
Year Plans Participants Total Assets
2022 3 805 $148M
2023 3 776 $167M
2024 3 765 $175M

Nearby 401(k) Plans in North Carolina

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

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company, Total assets ($B): 0.028243876 · Participants: 425The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust CompanyThe 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
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Pexco LLC Retirement Savings Plan in GA ($28M); by covered participants it is Bayer Built Woodworks, Inc. Retirement Plan in MN (425 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($28M here).

Similar participant headcount

Nearest other-state filings by covered participants (425 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 The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company assets move in 2022?
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company edged down modestly - down 2.2% during 2022, from $29M to $28M. Reported net income was -$625K.
How have Southern Bank and Trust Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Bank and Trust Company's sponsor-wide assets grew 18.3%, from $148M to $175M.
Where does The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company rank by assets among Form 5500 filers?
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company 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 401(k) plans are similar in size to The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company?
Among 401(k) plans in other states, the closest by assets is Pexco LLC Retirement Savings Plan in GA ($28M, 413 participants).
Which 401(k) plans cover a similar participant headcount to The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company?
Among 401(k) plans in other states, the closest by covered participants is Bayer Built Woodworks, Inc. Retirement Plan in MN (425 participants, $32M in assets).