401(k) · DOL Form 5500 · 2023

Florence Concrete Products, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
136
Participants Small participant base
48th
Percentile by assets National rank
$44,030
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Florence Concrete Products 401(k) Plan · Sponsored by Florence Concrete Products, Inc. · South Carolina · Manufacturing

$6M in assets, 136 participants

Florence Concrete Products, Inc.'s Florence Concrete Products 401(k) Plan reported $6M in total assets and 136 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #5,915 in Manufacturing (18,722 peers)

Coverage in South Carolina

Florence Concrete Products 401(k) Plan covers 136 participants in South Carolina, about 37% of the average South Carolina filer (state average ~369 per filing). Assets: $6M.

#5,915
in Manufacturing (18,722 peers)
+27.6%
assets growth YoY

Florence Concrete Products 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Florence Concrete Products 401(k) Plan vs every filed plan by assets

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

$5,988,058 48th percentile higher than 48% 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

Florence Concrete Products 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Florence Concrete Products 401(k) Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Florence Concrete Products 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Florence Concrete Products 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Florence Concrete Products 401(k) Plan reported participants rose from 116 in the plan year 2022 filing to 136 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 570353598 · Florence Concrete Products, Inc. PY 2023 · 401(k)

Florence Concrete Products 401(k) Plan · $6M · 136 · 48th

  • PART $6M
  • PART 136
  • PART 48th
  • PART 401(k)
  • PART near Heritage Millwork Inc 401(k) Profit Sharing Plan
  • PART ind #5915

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 South Carolina →

Florence Concrete Products 401(k) Plan in the asset neighbourhood

Florence Concrete Products 401(k) PlanFlorence Concrete Products 4…$6MHeritage Millwork Inc 401(k) Profit Sharing PlanHeritage Millwork Inc 401(k)…$6MProgressive Community Health Centers 401(k) PlanProgressive Community Health…$6MPoint University Retirement Savings PlanPoint University Retirement …$6MBaughman Insurance 401(k) and Profit Sharing PlanBaughman Insurance 401(k) an…$6M
End-of-year total assets ($M) among Florence Concrete Products 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$1M
Employer EIN570353598
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Florence Concrete Products, Inc.)

Sponsor-wide plan assets over time

All Florence Concrete Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.91586078425232% vs 2022
2024 filing year
$4M$5M$6M$7M 202220232024 $4.69M $6.61M ▲ +40.9%
Year Plans Participants Total Assets
2022 1 116 $5M
2023 1 136 $6M
2024 1 129 $7M

Nearby 401(k) Plans in South Carolina

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

Florence Concrete Products 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Florence Concrete Products 401(k) Plan, Total assets ($B): 0.005988058 · Participants: 136Florence Concrete Products 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Florence Concrete Products 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Florence Concrete Products 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Heritage Millwork Inc 401(k) Profit Sharing Plan in MN ($6M); by covered participants it is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Florence Concrete Products 401(k) Plan assets move in 2023?
Florence Concrete Products 401(k) Plan grew sharply - up 27.6% during 2023, from $5M to $6M. Reported net income was $1M.
How have Florence Concrete Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Florence Concrete Products, Inc.'s sponsor-wide assets grew 40.9%, from $5M to $7M.
Which 401(k) plans are similar in size to Florence Concrete Products 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Heritage Millwork Inc 401(k) Profit Sharing Plan in MN ($6M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Florence Concrete Products 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Testout Corporation Safe Harbor 401(k) Plan in UT (136 participants, N/A in assets).