401(k) · DOL Form 5500 · 2023

South Georgia Banking Company 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
113
Participants Small participant base
69th
Percentile by assets National rank
$143,106
Avg per participant Near avg balance/head
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Official DOL plan name: South Georgia Banking Company 401(k) Profit Sharing Plan · Sponsored by South Georgia Banking Company · Georgia · Finance & Insurance

$16M in assets, 113 participants

South Georgia Banking Company's South Georgia Banking Company 401(k) Profit Sharing Plan reported $16M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #4,808 in Finance & Insurance (8,869 peers)

Coverage in Georgia

South Georgia Banking Company 401(k) Profit Sharing Plan covers 113 participants in Georgia, about 10% of the average Georgia filer (state average ~1,096 per filing). Assets: $16M.

#4,808
in Finance & Insurance (8,869 peers)
+19.5%
assets growth YoY

South Georgia Banking Company 401(k) Profit Sharing Plan's outsized position by total assets

South Georgia Banking Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$16,170,926 Top 31% higher than 69% 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 Georgia Banking Company 401(k) Profit Sharing 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 Georgia Banking Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • South Georgia Banking Company 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • South Georgia Banking Company 401(k) Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • South Georgia Banking Company 401(k) Profit Sharing Plan reported participants fell from 115 in the plan year 2022 filing to 113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 581022353 · South Georgia Banking Company PY 2023 · 401(k)

South Georgia Banking Company 401(k) Profit Sharing Plan · $16M · 113 · 69th

  • RANK $16M
  • PHOTO 113
  • IND 69th
  • EOY 401(k)
  • 5500 near Vision Government Solutions, Inc. 401(k) Plan
  • ASSETS ind #4808

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 Georgia →

South Georgia Banking Company 401(k) Profit Sharing Plan in the asset neighbourhood

South Georgia Banking Company 401(k) Profit Sharing PlanSouth Georgia Banking Compan…$16MVision Government Solutions, Inc. 401(k) PlanVision Government Solutions,…$16MSunshine Quality Solutions 401(k) PlanSunshine Quality Solutions 4…$16MNew Orleans Pelicans, Nba, LLC 401(k) PlanNew Orleans Pelicans, Nba, L…$16MThe Berlin Steel Construction Company Employees' Savings PlanThe Berlin Steel Constructio…$16M
End-of-year total assets ($M) among South Georgia Banking Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN581022353
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Georgia Banking Company)

Sponsor-wide plan assets over time

All South Georgia Banking Company plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.364673983213066% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.5M $18.1M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 115 $14M
2023 1 113 $16M
2024 1 113 $18M

Nearby 401(k) Plans in Georgia

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

South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants South Georgia Banking Company 401(k) Profit Sharing Plan, Total assets ($B): 0.016170926 · Participants: 113South Georgia Banking Company 401(k) Profit Sharing PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare South Georgia Banking Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

South Georgia Banking Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Vision Government Solutions, Inc. 401(k) Plan in MA ($16M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Georgia Banking Company 401(k) Profit Sharing Plan assets move in 2023? ▼
South Georgia Banking Company 401(k) Profit Sharing Plan grew sharply - up 19.5% during 2023, from $14M to $16M. Reported net income was $3M.
How have South Georgia Banking Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), South Georgia Banking Company's sponsor-wide assets grew 33.4%, from $14M to $18M.
Which 401(k) plans are similar in size to South Georgia Banking Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vision Government Solutions, Inc. 401(k) Plan in MA ($16M, 315 participants).
Which 401(k) plans cover a similar participant headcount to South Georgia Banking Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (113 participants, $475K 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 581022353.

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.