401(k) · DOL Form 5500 · 2023

Southern Finishing Co., Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
397
Participants Below avg headcount
42nd
Percentile by assets National rank
$11,025
Avg per participant Low balance/head
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Official DOL plan name: Southern Finishing Co., Inc. Profit Sharing Plan and Trust · Sponsored by Southern Finishing Co., Inc. · North Carolina · Manufacturing

$4M in assets, 397 participants

Southern Finishing Co., Inc.'s Southern Finishing Co., Inc. Profit Sharing Plan and Trust reported $4M in total assets and 397 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,684 in Manufacturing (18,722 peers)

Coverage in North Carolina

Southern Finishing Co., Inc. Profit Sharing Plan and Trust covers 397 participants in North Carolina, about 48% of the average North Carolina filer (state average ~819 per filing). Assets: $4M.

#4,684
in Manufacturing (18,722 peers)
+14.2%
assets growth YoY

Southern Finishing Co., Inc. Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Southern Finishing Co., Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$4,377,026 42nd percentile higher than 42% 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

Southern Finishing Co., Inc. Profit Sharing Plan and Trust 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. Southern Finishing Co., Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (397 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Finishing Co., Inc. Profit Sharing Plan and Trust reported net income rose from -$704K in the plan year 2022 filing to $544K in the plan year 2023 filing.
  • Southern Finishing Co., Inc. Profit Sharing Plan and Trust end-of-year assets rose from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Southern Finishing Co., Inc. Profit Sharing Plan and Trust reported participants rose from 392 in the plan year 2022 filing to 397 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 561208143 · Southern Finishing Co., Inc. PY 2023 · 401(k)

Southern Finishing Co., Inc. Profit Sharing Plan and Trust · $4M · 397 · 42nd

  • TYPE $4M
  • TYPE 397
  • TYPE 42nd
  • TYPE 401(k)
  • TYPE near Zanini Tennessee Retirement Plan
  • TYPE ind #4684

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 North Carolina →

Southern Finishing Co., Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Southern Finishing Co., Inc. Profit Sharing Plan and TrustSouthern Finishing Co., Inc.…$4MZanini Tennessee Retirement PlanZanini Tennessee Retirement …$4MLifeworks Community Action, Inc. Profit Sharing/401(k) PlanLifeworks Community Action, …$4MThrivedx 401(k) Profit Sharing Plan and TrustThrivedx 401(k) Profit Shari…$4MApi Bhs 401(k) Plan$4M
End-of-year total assets ($M) among Southern Finishing Co., Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$544K
Employer EIN561208143
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Finishing Co., Inc.)

Sponsor-wide plan assets over time

All Southern Finishing Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 25.99714562751717% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.83M $4.83M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 392 $4M
2023 1 397 $4M
2024 1 450 $5M

Nearby 401(k) Plans in North Carolina

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

Southern Finishing Co., Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Southern Finishing Co., Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.004377026 · Participants: 397Southern Finishing Co., Inc. Profit Sharing Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Southern Finishing Co., Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Southern Finishing Co., Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

Southern Finishing Co., Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Zanini Tennessee Retirement Plan in TN ($4M); by covered participants it is Yesler, Inc 401(k) Plan in WA (397 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 (397 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 Southern Finishing Co., Inc. Profit Sharing Plan and Trust assets move in 2023? ▼
Southern Finishing Co., Inc. Profit Sharing Plan and Trust grew at a solid clip - up 14.2% during 2023, from $4M to $4M. Reported net income was $544K.
How have Southern Finishing Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Southern Finishing Co., Inc.'s sponsor-wide assets grew 26.0%, from $4M to $5M.
Which 401(k) plans are similar in size to Southern Finishing Co., Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Zanini Tennessee Retirement Plan in TN ($4M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Southern Finishing Co., Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Yesler, Inc 401(k) Plan in WA (397 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 561208143.

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.