401(k) · DOL Form 5500 · 2023

South Atlantic, LLC 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
286
Participants Below avg headcount
74th
Percentile by assets National rank
$75,245
Avg per participant Below avg balance/head
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Official DOL plan name: South Atlantic, LLC 401(k) Retirement Plan · Sponsored by South Atlantic, LLC · North Carolina · Manufacturing

$22M in assets, 286 participants

South Atlantic, LLC's South Atlantic, LLC 401(k) Retirement Plan reported $22M in total assets and 286 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #12,011 in Manufacturing (18,722 peers)

Coverage in North Carolina

South Atlantic, LLC 401(k) Retirement Plan covers 286 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $22M.

#12,011
in Manufacturing (18,722 peers)
+19.0%
assets growth YoY

South Atlantic, LLC 401(k) Retirement Plan's outsized position by total assets

South Atlantic, LLC 401(k) Retirement Plan vs every filed plan by assets

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

$21,520,174 Top 26% higher than 74% 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

South Atlantic, LLC 401(k) Retirement 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. South Atlantic, LLC 401(k) Retirement Plan sits mid-pack in the medium band (286 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • South Atlantic, LLC 401(k) Retirement Plan reported net income rose from -$810K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • South Atlantic, LLC 401(k) Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • South Atlantic, LLC 401(k) Retirement Plan reported participants rose from 275 in the plan year 2022 filing to 286 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561996898 · South Atlantic, LLC PY 2023 · 401(k)

South Atlantic, LLC 401(k) Retirement Plan · $22M · 286 · 74th

  • TYPE $22M
  • TYPE 286
  • TYPE 74th
  • TYPE 401(k)
  • TYPE near Involta, LLC 401(k) Retirement Plan
  • TYPE ind #12011

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 North Carolina →

South Atlantic, LLC 401(k) Retirement Plan in the asset neighbourhood

South Atlantic, LLC 401(k) Retirement PlanSouth Atlantic, LLC 401(k) R…$22MInvolta, LLC 401(k) Retirement PlanInvolta, LLC 401(k) Retireme…$22MAshley Industrial Molding, Inc. 401(k) PlanAshley Industrial Molding, I…$22MOpportune LLP 401(k) Plan$22M2 Circle, Inc. 401(k)$22M
End-of-year total assets ($M) among South Atlantic, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN561996898
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Atlantic, LLC)

Sponsor-wide plan assets over time

All South Atlantic, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$25M 37.32225385988172% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.1M $24.8M ▲ +37.3%
Year Plans Participants Total Assets
2022 1 275 $18M
2023 1 286 $22M
2024 1 302 $25M

Nearby 401(k) Plans in North Carolina

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

South Atlantic, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants South Atlantic, LLC 401(k) Retirement Plan, Total assets ($B): 0.021520174 · Participants: 286South Atlantic, LLC 401(k) Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
South Atlantic, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare South Atlantic, LLC 401(k) Retirement Plan side-by-side with 3 peers →

South Atlantic, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Involta, LLC 401(k) Retirement Plan in IA ($22M); by covered participants it is Northwest Community Credit Union Capital Accumulation Plan in OR (286 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (286 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 South Atlantic, LLC 401(k) Retirement Plan assets move in 2023? ▼
South Atlantic, LLC 401(k) Retirement Plan grew sharply - up 19.0% during 2023, from $18M to $22M. Reported net income was $3M.
How have South Atlantic, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Atlantic, LLC's sponsor-wide assets grew 37.3%, from $18M to $25M.
Which 401(k) plans are similar in size to South Atlantic, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Involta, LLC 401(k) Retirement Plan in IA ($22M, 221 participants).
Which 401(k) plans cover a similar participant headcount to South Atlantic, LLC 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Northwest Community Credit Union Capital Accumulation Plan in OR (286 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 561996898.

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.