401(k) · DOL Form 5500 · 2023

Security Finance Corporation of Spartanburg 401(k) Plan

Data updated 2026-08-25

$102M
Total assets Near avg plan size
2,112
Participants Near avg headcount
91st
Percentile by assets National rank
$48,398
Avg per participant Low balance/head
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Official DOL plan name: Security 401(k) Profit-Sharing and Savings Plan · Sponsored by Security Finance Corporation of Spartanburg · South Carolina · Finance & Insurance

$102M in assets, 2,112 participants

Security Finance Corporation of Spartanburg's Security 401(k) Profit-Sharing and Savings Plan reported $102M in total assets and 2,112 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,702 in Finance & Insurance (8,869 peers)

Coverage in South Carolina

Security 401(k) Profit-Sharing and Savings Plan covers 2,112 participants in South Carolina, 5.7x the typical South Carolina plan (state average ~369 per filing). Assets: $102M.

#7,702
in Finance & Insurance (8,869 peers)
+18.9%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Security 401(k) Profit-Sharing and Savings Plan's outsized position by total assets

Security 401(k) Profit-Sharing and Savings Plan vs every filed plan by assets

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

$102,217,377 Top 9% higher than 91% 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

Security 401(k) Profit-Sharing and Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security 401(k) Profit-Sharing and Savings Plan lands in the large band (2,112 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Security 401(k) Profit-Sharing and Savings Plan reported net income rose from -$28M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Security 401(k) Profit-Sharing and Savings Plan end-of-year assets rose from $86M in the plan year 2022 filing to $102M in the plan year 2023 filing.
  • Security 401(k) Profit-Sharing and Savings Plan reported participants fell from 2,475 in the plan year 2022 filing to 2,112 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 570359683 · Security Finance Corporation of Spartanburg PY 2023 · 401(k)

Security 401(k) Profit-Sharing and Savings Plan · $102M · 2,112 · 91st

  • EIN $102M
  • EIN 2,112
  • EIN 91st
  • EIN 401(k)
  • EIN near Cardworks Inc. 401(k) Retirement Plan
  • EIN ind #7702

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 →

Security 401(k) Profit-Sharing and Savings Plan in the asset neighbourhood

Neogen 401(k) Retirement Savings PlanNeogen 401(k) Retirement Sav…$102MCardworks Inc. 401(k) Retirement PlanCardworks Inc. 401(k) Retire…$102MBilfinger Inc. Retirement PlanBilfinger Inc. Retirement Pl…$102MSecurity 401(k) Profit-Sharing and Savings PlanSecurity 401(k) Profit-Shari…$102MWard and Smith, P.a. 401(k) and Profit Sharing PlanWard and Smith, P.a. 401(k) …$102M
End-of-year total assets ($M) among Security 401(k) Profit-Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$102M
Net Income$16M
Employer EIN570359683
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Finance Corporation of Spartanburg)

Sponsor-wide plan assets over time

All Security Finance Corporation of Spartanburg plans reported in each filing year

Latest sponsor-wide plan assets
$114M 32.26515598334811% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $86M $114M ▲ +32.3%
Year Plans Participants Total Assets
2022 1 2,475 $86M
2023 1 2,112 $102M
2024 1 2,097 $114M

Nearby 401(k) Plans in South Carolina

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

Security 401(k) Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Security 401(k) Profit-Sharing and Savings Plan, Total assets ($B): 0.102217377 · Participants: 2112Security 401(k) Profit-Sharing and Savings 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
Security 401(k) Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Security 401(k) Profit-Sharing and Savings Plan side-by-side with 3 peers →

Security 401(k) Profit-Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Cardworks Inc. 401(k) Retirement Plan in NY ($102M); by covered participants it is Tokyo Electron Retirement Plan in TX (2,112 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($102M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,112 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 Security 401(k) Profit-Sharing and Savings Plan assets move in 2023? ▼
Security 401(k) Profit-Sharing and Savings Plan grew sharply - up 18.9% during 2023, from $86M to $102M. Reported net income was $16M.
How have Security Finance Corporation of Spartanburg plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Security Finance Corporation of Spartanburg's sponsor-wide assets grew 32.3%, from $86M to $114M.
Where does Security 401(k) Profit-Sharing and Savings Plan rank by assets among Form 5500 filers? ▼
Security 401(k) Profit-Sharing and Savings Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Security 401(k) Profit-Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cardworks Inc. 401(k) Retirement Plan in NY ($102M, 2,003 participants).
Which 401(k) plans cover a similar participant headcount to Security 401(k) Profit-Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tokyo Electron Retirement Plan in TX (2,112 participants, $553M 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 570359683.

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.