401(k)
2022 plan-year 401(k) DOL Form 5500

South Plains Community Action Association, Inc. 401(k) Plan

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

Sponsored by South Plains Community Action Association, Inc. Β· Texas Β· Healthcare & Social Assistance

What the 2023 filing shows

South Plains Community Action Association, Inc. 401(k) Plan holds $11M for 487 participants - about $22,634 per participant, down 1.6% over the 2022 plan year.

$11M
total plan assets (2022 EOY)
487
covered participants
$22,634
avg assets per participant
-1.6%
assets change YoY

The plan reported a net loss of $361K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$11M
Participants
487
State
Industry
Healthcare & Social Assistance

What the Filing Says About South Plains Community Action Association, Inc. 401(k) Plan

South Plains Community Action Association, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by South Plains Community Action Association, Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 487 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 751230219, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $11M at year-end β€” a decline of 1.6%. Net assets (after liabilities) closed the year at $11M, with reported net income of $-361,206 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 β€” 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)$11M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$-361,206
Plan Type401(k)
Employer EIN751230219
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Plains Community Action Association, Inc.)

Year Plans Participants Total Assets
2022 1 487 $11M
2023 1 606 $13M
2024 1 686 $13M

Nearby 401(k) Plans in Texas

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

Frequently Asked Questions

How much money is in the South Plains Community Action Association, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, South Plains Community Action Association, Inc. 401(k) Plan holds $11M in total assets with 487 participants. It is sponsored by South Plains Community Action Association, Inc..
What type of plan is South Plains Community Action Association, Inc. 401(k) Plan?
South Plains Community Action Association, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 751230219.
Who sponsors the South Plains Community Action Association, Inc. 401(k) Plan?
South Plains Community Action Association, Inc. 401(k) Plan is sponsored by South Plains Community Action Association, Inc., located in Texas. The sponsor's EIN is 751230219 and the plan operates in the Healthcare & Social Assistance industry.
How did South Plains Community Action Association, Inc. 401(k) Plan perform in 2022?
South Plains Community Action Association, Inc. 401(k) Plan declined by 1.6% during 2022, moving from $11M to $11M in total assets. Net income was $-361,206.
Where can I find official filings for South Plains Community Action Association, Inc. 401(k) Plan?
Official Form 5500 filings for South Plains Community Action Association, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 751230219 or plan name at efast.dol.gov.
How does South Plains Community Action Association, Inc. 401(k) Plan compare to other plans?
You can compare South Plains Community Action Association, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Texas 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) β€” original filing retrieval by EIN 751230219.

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

Reference: IRS Publication 590-B β€” 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.