401(k) · DOL Form 5500 · 2023

Peoplessouth Bancshares, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
192
Participants Below avg headcount
49th
Percentile by assets National rank
$32,341
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan · Sponsored by Peoplessouth Bancshares, Inc. · Georgia · Finance & Insurance

$6M in assets, 192 participants

Peoplessouth Bancshares, Inc.'s Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan reported $6M in total assets and 192 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #3,085 in Finance & Insurance (8,869 peers)

Coverage in Georgia

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan covers 192 participants in Georgia, about 18% of the average Georgia filer (state average ~1,096 per filing). Assets: $6M.

#3,085
in Finance & Insurance (8,869 peers)
-1.3%
assets change YoY

The plan reported a net loss of $83K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan vs every filed plan by assets

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

$6,209,555 49th percentile higher than 49% 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

Peoplessouth Bancshares, Inc. Section 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. Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan sits mid-pack in the medium band (192 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to -$83K in the plan year 2023 filing.
  • Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan reported participants rose from 178 in the plan year 2022 filing to 192 in the plan year 2023 filing.
  • Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 581928833 · Peoplessouth Bancshares, Inc. PY 2023 · 401(k)

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan · $6M · 192 · 49th

  • TYPE $6M
  • NET 192
  • BOOK 49th
  • VS-ST 401(k)
  • BOY near Beachside Produce, LLC 401(k) Plan
  • SCH ind #3085

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 →

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan in the asset neighbourhood

Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing PlanPeoplessouth Bancshares, Inc…$6MBeachside Produce, LLC 401(k) PlanBeachside Produce, LLC 401(k…$6MCommunity Financial Corp. Employee Stock Ownership and 401(k) PlanCommunity Financial Corp. Em…$6MFlagship Trading Corp. Profit Sharing and 401(k) PlanFlagship Trading Corp. Profi…$6MFashionphile Group, LLC 401(k) PlanFashionphile Group, LLC 401(…$6M
End-of-year total assets ($M) among Peoplessouth Bancshares, Inc. Section 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)$6M
Net Assets (End of Year)$6M
Net Income-$83K
Employer EIN581928833
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peoplessouth Bancshares, Inc.)

Sponsor-wide plan assets over time

All Peoplessouth Bancshares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 6.057070906528173% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M$11.5M 202220232024 $10.3M $10.9M ▲ +6.0%
Year Plans Participants Total Assets
2022 2 324 $10M
2023 2 335 $10M
2024 2 337 $11M

Nearby 401(k) Plans in Georgia

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

Peoplessouth Bancshares, Inc. Section 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 ($B) Participants Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan, Total assets ($B): 0.006209555 · Participants: 192Peoplessouth Bancshares, Inc. Section 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
Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan side-by-side with 3 peers →

Peoplessouth Bancshares, Inc. Section 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 Beachside Produce, LLC 401(k) Plan in CA ($6M); by covered participants it is T Enterprises 401(k) Plan in MS (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan assets move in 2023? ▼
Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan edged down modestly - down 1.3% during 2023, from $6M to $6M. Reported net income was -$83K.
How have Peoplessouth Bancshares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Peoplessouth Bancshares, Inc.'s sponsor-wide assets grew 6.1%, from $10M to $11M.
Which 401(k) plans are similar in size to Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Beachside Produce, LLC 401(k) Plan in CA ($6M, 25 participants).
Which 401(k) plans cover a similar participant headcount to Peoplessouth Bancshares, Inc. Section 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is T Enterprises 401(k) Plan in MS (192 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 581928833.

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.