401(k) · DOL Form 5500 · 2023
Southern Bank and Trust Company 401(k) Plan
Data updated 2026-08-25
- $36M
- Total assets Below avg plan size
- 442
- Participants Below avg headcount
- 82nd
- Percentile by assets National rank
- $82,538
- Avg per participant Below avg balance/head
Official DOL plan name: The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · Sponsored by Southern Bank and Trust Company · North Carolina · Finance & Insurance
$36M in assets, 442 participants
Southern Bank and Trust Company's The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported $36M in total assets and 442 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.
- #6,416 in Finance & Insurance (8,869 peers)
Where The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits by assets
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits in the top quartile of all filed plans by assets, $36M for 442 participants (~$82,538/participant), up 29.2% in 2023.
- #6,416
- in Finance & Insurance (8,869 peers)
- +29.2%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's outsized position by total assets
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$36,481,976 Top 18% higher than 82% 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
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company 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. The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits mid-pack in the medium band (442 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported net income rose from -$625K in the plan year 2022 filing to $8M in the plan year 2023 filing.
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company end-of-year assets rose from $28M in the plan year 2022 filing to $36M in the plan year 2023 filing.
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported participants rose from 425 in the plan year 2022 filing to 442 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 560132260 · Southern Bank and Trust Company PY 2023 · 401(k)
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · $36M · 442 · 82nd
- TYPE $36M
- TYPE 442
- TYPE 82nd
- TYPE 401(k)
- TYPE near Abry Partners III, LLC 401(k) Plan
- TYPE ind #6416
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 North Carolina →
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $28M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $8M |
| Employer EIN | 560132260 |
| Plan Effective Date | 2012-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Bank and Trust Company)
Sponsor-wide plan assets over time
All Southern Bank and Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $175M 18.33213335262524% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 805 | $148M |
| 2023 | 3 | 776 | $167M |
| 2024 | 3 | 765 | $175M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Abry Partners III, LLC 401(k) Plan in MA ($36M); by covered participants it is Westcor Companies 401(k) Plan in NV (442 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($36M here).
- Abry Partners III, LLC 401(k) Plan (MA) $36M · 102
- Pmi Mortgage Insurance Co. Savings and Profit Sharing Plan (CA) $36M · 8
- Vineyard Vines 401(k) Plan (CT) $36M · 1,362
- Thlp Co., LLC 401(k) Plan (PA) $36M · 777
Similar participant headcount
Nearest other-state filings by covered participants (442 participants); asset peers above are excluded.
- Westcor Companies 401(k) Plan (NV) 442 · 0 off
- Harborone 401(k) Plan (MA) 442 · 0 off
- Success Mortgage Partners, Inc. 401(k) Plan (MI) 442 · 0 off
- Wow Logistics Company 401(k) Plan (WI) 442 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.