401(k) · DOL Form 5500 · 2023

Palmetto Synthetics LLC 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
171
Participants Small participant base
40th
Percentile by assets National rank
$22,517
Avg per participant Low balance/head
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Official DOL plan name: Palmetto Synthetics, LLC 401(k) Plan · Sponsored by Palmetto Synthetics LLC · South Carolina · Manufacturing

$4M in assets, 171 participants

Palmetto Synthetics LLC's Palmetto Synthetics, LLC 401(k) Plan reported $4M in total assets and 171 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,274 in Manufacturing (18,722 peers)

Coverage in South Carolina

Palmetto Synthetics, LLC 401(k) Plan covers 171 participants in South Carolina, about 46% of the average South Carolina filer (state average ~369 per filing). Assets: $4M.

#4,274
in Manufacturing (18,722 peers)
-5.4%
assets change YoY

The plan reported a net loss of $221K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Palmetto Synthetics, LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Palmetto Synthetics, LLC 401(k) Plan vs every filed plan by assets

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

$3,850,489 40th percentile higher than 40% 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

Palmetto Synthetics, LLC 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. Palmetto Synthetics, LLC 401(k) Plan sits mid-pack in the medium band (171 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Palmetto Synthetics, LLC 401(k) Plan reported net income rose from -$356K in the plan year 2022 filing to -$221K in the plan year 2023 filing.
  • Palmetto Synthetics, LLC 401(k) Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Palmetto Synthetics, LLC 401(k) Plan reported participants rose from 164 in the plan year 2022 filing to 171 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 621731448 · Palmetto Synthetics LLC PY 2023 · 401(k)

Palmetto Synthetics, LLC 401(k) Plan · $4M · 171 · 40th

  • PHOTO $4M
  • IND 171
  • EOY 40th
  • 5500 401(k)
  • ASSETS near A & B Distributors Retirement Plan
  • PCT ind #4274

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 →

Palmetto Synthetics, LLC 401(k) Plan in the asset neighbourhood

Palmetto Synthetics, LLC 401(k) PlanPalmetto Synthetics, LLC 401…$4MA & B Distributors Retirement PlanA & B Distributors Retiremen…$4MPacaso 401(k) Plan$4MZinkpower USA 401(k) Plan$4MCedar Grove Warehouse Inc 401(k) PlanCedar Grove Warehouse Inc 40…$4M
End-of-year total assets ($M) among Palmetto Synthetics, LLC 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)$4M
Net Assets (End of Year)$4M
Net Income-$221K
Employer EIN621731448
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmetto Synthetics LLC)

Sponsor-wide plan assets over time

All Palmetto Synthetics LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4M 5.428477395364373% vs 2022
2023 filing year
$3.8M$3.9M$4M$4.1M 20222023 $4.07M $3.85M ▼ -5.4%
Year Plans Participants Total Assets
2022 1 164 $4M
2023 1 171 $4M

Nearby 401(k) Plans in South Carolina

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

Palmetto Synthetics, LLC 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Palmetto Synthetics, LLC 401(k) Plan, Total assets ($B): 0.003850489 · Participants: 171Palmetto Synthetics, LLC 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
Palmetto Synthetics, LLC 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Palmetto Synthetics, LLC 401(k) Plan side-by-side with 3 peers →

Palmetto Synthetics, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is A & B Distributors Retirement Plan in OK ($4M); by covered participants it is Anesthesiology Consultants Exchange, P.C. Profit Sharing Plan in TN (171 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (171 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 Palmetto Synthetics, LLC 401(k) Plan assets move in 2023? ▼
Palmetto Synthetics, LLC 401(k) Plan pulled back noticeably - down 5.4% during 2023, from $4M to $4M. Reported net income was -$221K.
How have Palmetto Synthetics LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Palmetto Synthetics LLC's sponsor-wide assets declined 5.4%, from $4M to $4M.
Which 401(k) plans are similar in size to Palmetto Synthetics, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is A & B Distributors Retirement Plan in OK ($4M, 236 participants).
Which 401(k) plans cover a similar participant headcount to Palmetto Synthetics, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Anesthesiology Consultants Exchange, P.C. Profit Sharing Plan in TN (171 participants, $117M 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 621731448.

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.