401(k) · DOL Form 5500 · 2023
Canal Insurance Company 401(k) Plan
Data updated 2026-08-25
- $50M
- Total assets Below avg plan size
- 236
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $210,108
- Avg per participant Above avg balance/head
Official DOL plan name: Canal Insurance Company 401(k) Savings and Investment Plan · Sponsored by Canal Insurance Company · South Carolina · Finance & Insurance
$50M in assets, 236 participants
Canal Insurance Company's Canal Insurance Company 401(k) Savings and Investment Plan reported $50M in total assets and 236 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- #6,888 in Finance & Insurance (8,869 peers)
Where Canal Insurance Company 401(k) Savings and Investment Plan sits by assets
Canal Insurance Company 401(k) Savings and Investment Plan sits in the top quartile of all filed plans by assets, $50M for 236 participants (~$210,108/participant), up 16.2% in 2023.
- #6,888
- in Finance & Insurance (8,869 peers)
- +16.2%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Canal Insurance Company 401(k) Savings and Investment Plan's outsized position by total assets
Canal Insurance Company 401(k) Savings and Investment Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$49,585,472 Top 15% higher than 85% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Canal Insurance Company 401(k) Savings and Investment 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. Canal Insurance Company 401(k) Savings and Investment Plan sits mid-pack in the medium band (236 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Canal Insurance Company 401(k) Savings and Investment Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
- Canal Insurance Company 401(k) Savings and Investment Plan end-of-year assets rose from $43M in the plan year 2022 filing to $50M in the plan year 2023 filing.
- Canal Insurance Company 401(k) Savings and Investment Plan reported participants rose from 229 in the plan year 2022 filing to 236 in the plan year 2023 filing.
DOL schedule card
Filing strip 570133332 · Canal Insurance Company PY 2023 · 401(k)
Canal Insurance Company 401(k) Savings and Investment Plan · $50M · 236 · 85th
- NET $50M
- NET 236
- NET 85th
- NET 401(k)
- NET near Big River Steel 401(k) Plan
- NET ind #6888
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 Finance & Insurance retirement plans → · Plans in South Carolina →
Canal Insurance Company 401(k) Savings and Investment Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $50M |
| Net Income | $7M |
| Employer EIN | 570133332 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Canal Insurance Company)
Sponsor-wide plan assets over time
All Canal Insurance Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $51M 19.67493157249114% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 229 | $43M |
| 2023 | 1 | 236 | $50M |
| 2024 | 1 | 240 | $51M |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Michelin 401(k) Savings Plan $4.1B · 14,439
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
- Sonoco Retirement & Savings Plan $1.6B · 11,311
- Sonoco Retirement & Savings Plan $1.3B · 10,614
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348
Canal Insurance Company 401(k) Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is Big River Steel 401(k) Plan in PA ($50M); by covered participants it is Cap Government Retirement Plan in FL (236 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($50M here).
Similar participant headcount
Nearest other-state filings by covered participants (236 participants); asset peers above are excluded.
- Cap Government Retirement Plan (FL) 236 · 0 off
- Curo Management LLC 401(k) Plan (KS) 236 · 0 off
- Genon Energy Employee Savings Plan (TX) 236 · 0 off
- Star and Crescent Boat Company 401(k) Savings Plan (CA) 236 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.