Profit Sharing · DOL Form 5500 · 2022

Southern Farm Supply, Inc. Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
21
Participants Small participant base
26th
Percentile by assets National rank
$53,873
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Southern Farm Supply, Inc. Profit Sharing Plan · Sponsored by Southern Farm Supply, Inc. · North Carolina · Wholesale Trade

$1M in assets, 21 participants

Southern Farm Supply, Inc.'s Southern Farm Supply, Inc. Profit Sharing Plan reported $1M in total assets and 21 participants in its 2022 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,039 in Wholesale Trade (6,843 peers)

2022 asset change

Southern Farm Supply, Inc. Profit Sharing Plan declined sharply 29.2% in 2022 ($2M → $1M) for 21 participants.

#1,039
in Wholesale Trade (6,843 peers)
-29.2%
assets change YoY

The plan reported a net loss of $466K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Farm Supply, Inc. Profit Sharing Plan among the smaller filed plans by assets

Southern Farm Supply, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,131,329 26th percentile higher than 26% 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 Farm Supply, Inc. Profit Sharing 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 Farm Supply, Inc. Profit Sharing Plan is a small filing (21 participants) on this national headcount ladder.

DOL schedule card

Filing strip 561876585 · Southern Farm Supply, Inc. PY 2022 · Profit Sharing

Southern Farm Supply, Inc. Profit Sharing Plan · $1M · 21 · 26th

  • SCH $1M
  • EBSA 21
  • PART 26th
  • TYPE Profit Sharing
  • NET near Dale R Saylor, Cpa Profit Sharing Plan & Trust
  • BOOK ind #1039

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 Wholesale Trade retirement plans → · Plans in North Carolina →

Southern Farm Supply, Inc. Profit Sharing Plan in the asset neighbourhood

Southern Farm Supply, Inc. Profit Sharing PlanSouthern Farm Supply, Inc. P…$1MDale R Saylor, Cpa Profit Sharing Plan & TrustDale R Saylor, Cpa Profit Sh…$1MKros-Wise, Inc. Sca Plan$1MCorby and Corby an Accountancy Corp. Profit Sharing PlanCorby and Corby an Accountan…$1MWhitehouse Ohio Works Profit Sharing PlanWhitehouse Ohio Works Profit…$1M
End-of-year total assets ($M) among Southern Farm Supply, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

2022 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$466K
Employer EIN561876585
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in North Carolina

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

Southern Farm Supply, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -0.500.511.52 Total assets ($B) Participants Southern Farm Supply, Inc. Profit Sharing Plan, Total assets ($B): 0.001131329 · Participants: 21Southern Farm Supply, Inc. Profit Sharing PlanTax Deferred Savings Plan of Novant Health, Inc., Total assets ($B): 1.870436298 · Participants: 29251Tax Deferred Savings Plan of Novant Health, Inc.Wakemed Retirement Savings Plan, Total assets ($B): 1.11733971 · Participants: 11689Wakemed Retirement Savings PlanCharter Communications, Inc. Retirement Accumulation Plan, Total assets ($B): 0.992833723 · Participants: 88468Charter Communications, Inc. Retirement Accumulation PlanFirsthealth of the Carolinas, Inc. Retirement Growth Plan, Total assets ($B): 0.09482539 · Participants: 5217Firsthealth of the Carolinas, Inc. Retirement Growth PlanBaker & Taylor Retirement Savings Plan, Total assets ($B): 0.060345776 · Participants: 1358Baker & Taylor Retirement Savings Plan
Southern Farm Supply, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in North Carolina, assets vs. participants
Compare Southern Farm Supply, Inc. Profit Sharing Plan side-by-side with 3 peers →

Southern Farm Supply, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside North Carolina, the nearest Profit Sharing by assets is Dale R Saylor, Cpa Profit Sharing Plan & Trust in OH ($1M); by covered participants it is Di Renzo & Bomier, LLC Profit Sharing Plan in WI (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Farm Supply, Inc. Profit Sharing Plan assets move in 2022? ▼
Southern Farm Supply, Inc. Profit Sharing Plan declined sharply - down 29.2% during 2022, from $2M to $1M. Reported net income was -$466K.
Which Profit Sharing plans are similar in size to Southern Farm Supply, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Dale R Saylor, Cpa Profit Sharing Plan & Trust in OH ($1M, 5 participants).
Which Profit Sharing plans cover a similar participant headcount to Southern Farm Supply, Inc. Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Di Renzo & Bomier, LLC Profit Sharing Plan in WI (21 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 561876585.

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.