401(k) · DOL Form 5500 · 2022

South Georgia Banking Company 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
115
Participants Small participant base
71st
Percentile by assets National rank
$117,660
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: South Georgia Banking Company 401(k) Profit Sharing Plan · Sponsored by South Georgia Banking Company · Georgia · Finance & Insurance

$14M in assets, 115 participants

South Georgia Banking Company's South Georgia Banking Company 401(k) Profit Sharing Plan reported $14M in total assets and 115 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,100 in Finance & Insurance (9,261 peers)

Coverage in Georgia

South Georgia Banking Company 401(k) Profit Sharing Plan covers 115 participants in Georgia, about 10% of the average Georgia filer (state average ~1,096 per filing). Assets: $14M.

#5,100
in Finance & Insurance (9,261 peers)
-14.5%
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 Georgia Banking Company 401(k) Profit Sharing Plan's outsized position by total assets

South Georgia Banking Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$13,530,883 Top 29% higher than 71% 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 Georgia Banking Company 401(k) Profit Sharing 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 Georgia Banking Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (115 participants).

Published 5500 schedule card

Filing strip 581022353 · South Georgia Banking Company PY 2022 · 401(k)

South Georgia Banking Company 401(k) Profit Sharing Plan · $14M · 115 · 71st

  • NET $14M
  • BOOK 115
  • VS-ST 71st
  • BOY 401(k)
  • SCH near C.H. Powell 401(k) Incentive Savings Plan
  • EBSA ind #5100

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 Georgia →

South Georgia Banking Company 401(k) Profit Sharing Plan in the asset neighbourhood

South Georgia Banking Company 401(k) Profit Sharing PlanSouth Georgia Banking Compan…$14MC.H. Powell 401(k) Incentive Savings PlanC.H. Powell 401(k) Incentive…$14MBlackburn, Childers & Steagall 401(k) Profit Sharing PlanBlackburn, Childers & Steaga…$14MAhtna Sca 401(k) Plan$14MFnb 401(k) Employee Stock Ownership PlanFnb 401(k) Employee Stock Ow…$14M
End-of-year total assets ($M) among South Georgia Banking Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$14M
Net Income-$2M
Employer EIN581022353
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Georgia Banking Company)

Sponsor-wide plan assets over time

All South Georgia Banking Company plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.364673983213066% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.5M $18.1M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 115 $14M
2023 1 113 $16M
2024 1 113 $18M

Nearby 401(k) Plans in Georgia

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

South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants South Georgia Banking Company 401(k) Profit Sharing Plan, Total assets ($B): 0.013530883 · Participants: 115South Georgia Banking Company 401(k) Profit Sharing PlanThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare South Georgia Banking Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

South Georgia Banking Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is C.H. Powell 401(k) Incentive Savings Plan in MA ($14M); by covered participants it is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Georgia Banking Company 401(k) Profit Sharing Plan assets move in 2022? ▼
South Georgia Banking Company 401(k) Profit Sharing Plan pulled back noticeably - down 14.5% during 2022, from $16M to $14M. Reported net income was -$2M.
How have South Georgia Banking Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Georgia Banking Company's sponsor-wide assets grew 33.4%, from $14M to $18M.
Which 401(k) plans are similar in size to South Georgia Banking Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is C.H. Powell 401(k) Incentive Savings Plan in MA ($14M, 167 participants).
Which 401(k) plans cover a similar participant headcount to South Georgia Banking Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 360 Physical Therapy 401(k) Profit Sharing Plan in AZ (115 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581022353.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.