401(k) · DOL Form 5500 · 2023

Southern Gear and Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
95
Participants Small participant base
37th
Percentile by assets National rank
$34,340
Avg per participant Low balance/head
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Official DOL plan name: Southern Gear and Machine, Inc. Employee Stock Ownership Plan · Sponsored by Southern Gear and Machine, Inc. · Florida · Manufacturing

$3M in assets, 95 participants

Southern Gear and Machine, Inc.'s Southern Gear and Machine, Inc. Employee Stock Ownership Plan reported $3M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,801 in Manufacturing (18,722 peers)

What the 2023 filing shows

Southern Gear and Machine, Inc. Employee Stock Ownership Plan holds $3M for 95 participants - about $34,340 per participant, in the lower half of filed plans by assets.

#3,801
in Manufacturing (18,722 peers)
+1.1%
assets growth YoY

Southern Gear and Machine, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,262,332 37th percentile higher than 37% of 127,068 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 2023

Southern Gear and Machine, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Gear and Machine, Inc. Employee Stock Ownership Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Gear and Machine, Inc. Employee Stock Ownership Plan reported net income rose from -$303K in the plan year 2022 filing to $34K in the plan year 2023 filing.
  • Southern Gear and Machine, Inc. Employee Stock Ownership Plan reported participants rose from 89 in the plan year 2022 filing to 95 in the plan year 2023 filing.
  • Southern Gear and Machine, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 590817825 · Southern Gear and Machine, Inc. PY 2023 · 401(k)

Southern Gear and Machine, Inc. Employee Stock Ownership Plan · $3M · 95 · 37th

  • PCT $3M
  • EIN 95
  • RANK 37th
  • PHOTO 401(k)
  • IND near Steel Plate, LLC Safe Harbor 401(k) Plan
  • EOY ind #3801

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 Manufacturing retirement plans → · Plans in Florida →

Southern Gear and Machine, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Southern Gear and Machine, Inc. Employee Stock Ownership PlanSouthern Gear and Machine, I…$3MSteel Plate, LLC Safe Harbor 401(k) PlanSteel Plate, LLC Safe Harbor…$3MWestern Sierra Medical Clinic Inc 401(k) Profit Sharing PlanWestern Sierra Medical Clini…$3MThe Wilf Campus for Senior Living Retirement PlanThe Wilf Campus for Senior L…$3MDermatology, P.L.C. 401(k) Profit Sharing PlanDermatology, P.L.C. 401(k) P…$3M
End-of-year total assets ($M) among Southern Gear and Machine, Inc. Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$34K
Employer EIN590817825
Plan Effective Date1978-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Gear and Machine, Inc.)

Sponsor-wide plan assets over time

All Southern Gear and Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 3.3111316949556846% vs 2022
2024 filing year
$3.1M$3.15M$3.2M$3.25M$3.3M 202220232024 $3.23M $3.12M ▼ -3.4%
Year Plans Participants Total Assets
2022 1 89 $3M
2023 1 95 $3M
2024 1 85 $3M

Nearby 401(k) Plans in Florida

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

Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Southern Gear and Machine, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003262332 · Participants: 95Southern Gear and Machine, Inc. Employee Stock Ownership PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Southern Gear and Machine, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Southern Gear and Machine, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Southern Gear and Machine, Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Steel Plate, LLC Safe Harbor 401(k) Plan in GA ($3M); by covered participants it is Inlanta Mortgage, Inc. 401(k) Plan in WI (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Gear and Machine, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Southern Gear and Machine, Inc. Employee Stock Ownership Plan edged up modestly - up 1.1% during 2023, from $3M to $3M. Reported net income was $34K.
How have Southern Gear and Machine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Gear and Machine, Inc.'s sponsor-wide assets declined 3.3%, from $3M to $3M.
Which 401(k) plans are similar in size to Southern Gear and Machine, Inc. Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Steel Plate, LLC Safe Harbor 401(k) Plan in GA ($3M, 79 participants).
Which 401(k) plans cover a similar participant headcount to Southern Gear and Machine, Inc. Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Inlanta Mortgage, Inc. 401(k) Plan in WI (95 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 590817825.

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.