Other
2022 plan-year Other DOL Form 5500

Seaco National Corp. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Seaco National Corp. · Georgia · Retail Trade

What the 2023 filing shows

Seaco National Corp. Employee Stock Ownership Plan holds $36M for 94 participants — about $382,058 per participant, up 30.6% over the 2022 plan year.

$36M
total plan assets (2022 EOY)
94
covered participants
$382,058
avg assets per participant
+30.6%
assets growth YoY
Total Assets (2023)
$36M
Participants
94
State
Industry
Retail Trade

What the Filing Says About Seaco National Corp. Employee Stock Ownership Plan

Seaco National Corp. Employee Stock Ownership Plan is a Other retirement plan sponsored by Seaco National Corp., headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $36M in total end-of-year assets and covers 94 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 581478160, and the plan has been effective since 2015-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $27M at the beginning of 2022 to $36M at year-end — a gain of 30.6%. Net assets (after liabilities) closed the year at $31M, with reported net income of $9M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$27M
Total Assets (End of Year)$36M
Net Assets (End of Year)$31M
Net Income$9M
Plan TypeOther
Employer EIN581478160
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Seaco National Corp.)

Year Plans Participants Total Assets
2022 2 237 $39M
2023 2 259 $46M
2024 2 266 $54M

Nearby Other Plans in Georgia

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

Frequently Asked Questions

How much money is in the Seaco National Corp. Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, Seaco National Corp. Employee Stock Ownership Plan holds $36M in total assets with 94 participants. It is sponsored by Seaco National Corp..
What type of plan is Seaco National Corp. Employee Stock Ownership Plan?
Seaco National Corp. Employee Stock Ownership Plan is a Other plan. It has been effective since 2015-01-01. The plan is filed with the U.S. Department of Labor under EIN 581478160.
Who sponsors the Seaco National Corp. Employee Stock Ownership Plan?
Seaco National Corp. Employee Stock Ownership Plan is sponsored by Seaco National Corp., located in Georgia. The sponsor's EIN is 581478160 and the plan operates in the Retail Trade industry.
How did Seaco National Corp. Employee Stock Ownership Plan perform in 2022?
Seaco National Corp. Employee Stock Ownership Plan grew by 30.6% during 2022, moving from $27M to $36M in total assets. Net income was $9M.
Where can I find official filings for Seaco National Corp. Employee Stock Ownership Plan?
Official Form 5500 filings for Seaco National Corp. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581478160 or plan name at efast.dol.gov.
How does Seaco National Corp. Employee Stock Ownership Plan compare to other plans?
You can compare Seaco National Corp. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Georgia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 581478160.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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