401(k) · DOL Form 5500 · 2023

The Piedmont Bank 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
190
Participants Below avg headcount
62nd
Percentile by assets National rank
$61,736
Avg per participant Low balance/head
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Official DOL plan name: The Piedmont Bank Section 401(k) Profit Sharing Plan · Sponsored by The Piedmont Bank · Georgia · Finance & Insurance

$12M in assets, 190 participants

The Piedmont Bank's The Piedmont Bank Section 401(k) Profit Sharing Plan reported $12M in total assets and 190 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,165 in Finance & Insurance (8,869 peers)

Coverage in Georgia

The Piedmont Bank Section 401(k) Profit Sharing Plan covers 190 participants in Georgia, about 17% of the average Georgia filer (state average ~1,096 per filing). Assets: $12M.

#4,165
in Finance & Insurance (8,869 peers)
+26.3%
assets growth YoY

The Piedmont Bank Section 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

The Piedmont Bank Section 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,729,851 Top 38% higher than 62% 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

The Piedmont Bank 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. The Piedmont Bank Section 401(k) Profit Sharing Plan sits mid-pack in the medium band (190 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Piedmont Bank Section 401(k) Profit Sharing Plan reported net income rose from -$184K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Piedmont Bank Section 401(k) Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • The Piedmont Bank Section 401(k) Profit Sharing Plan reported participants rose from 174 in the plan year 2022 filing to 190 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 432114621 · The Piedmont Bank PY 2023 · 401(k)

The Piedmont Bank Section 401(k) Profit Sharing Plan · $12M · 190 · 62nd

  • TYPE $12M
  • NET 190
  • BOOK 62nd
  • VS-ST 401(k)
  • BOY near Avalon Ventures Management, LLC 401(k) Profit Sharing Plan
  • SCH ind #4165

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 →

The Piedmont Bank Section 401(k) Profit Sharing Plan in the asset neighbourhood

The Piedmont Bank Section 401(k) Profit Sharing PlanThe Piedmont Bank Section 40…$12MAvalon Ventures Management, LLC 401(k) Profit Sharing PlanAvalon Ventures Management, …$12MWalter P. Rawl & Sons, Inc. Retirement PlanWalter P. Rawl & Sons, Inc. …$12MJohnson Machine Works, Inc. Profit Sharing and 401(k) PlanJohnson Machine Works, Inc. …$12MColorart Printing LLC 401(k) PlanColorart Printing LLC 401(k)…$12M
End-of-year total assets ($M) among The Piedmont Bank 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)$9M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN432114621
Plan Effective Date2006-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Piedmont Bank)

Sponsor-wide plan assets over time

All The Piedmont Bank plans reported in each filing year

Latest sponsor-wide plan assets
$10M 7.332151491774394% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.29M $9.97M ▲ +7.3%
Year Plans Participants Total Assets
2022 1 174 $9M
2023 1 190 $12M
2024 1 207 $10M

Nearby 401(k) Plans in Georgia

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

The Piedmont Bank 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 ($B) Participants The Piedmont Bank Section 401(k) Profit Sharing Plan, Total assets ($B): 0.011729851 · Participants: 190The Piedmont Bank 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
The Piedmont Bank Section 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare The Piedmont Bank Section 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Piedmont Bank 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 Avalon Ventures Management, LLC 401(k) Profit Sharing Plan in CA ($12M); by covered participants it is Nextpoint Group, LLC 401(k) Plan in VA (190 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (190 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 The Piedmont Bank Section 401(k) Profit Sharing Plan assets move in 2023? ▼
The Piedmont Bank Section 401(k) Profit Sharing Plan grew sharply - up 26.3% during 2023, from $9M to $12M. Reported net income was $2M.
How have The Piedmont Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Piedmont Bank's sponsor-wide assets grew 7.3%, from $9M to $10M.
Which 401(k) plans are similar in size to The Piedmont Bank Section 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Avalon Ventures Management, LLC 401(k) Profit Sharing Plan in CA ($12M, 9 participants).
Which 401(k) plans cover a similar participant headcount to The Piedmont Bank Section 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nextpoint Group, LLC 401(k) Plan in VA (190 participants, $36M 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 432114621.

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.