Profit Sharing · DOL Form 5500 · 2023

South Atlantic Capital, Inc. Profit Sharing Plan

Data updated 2026-08-11

$8M
Total assets
3
Participants
54th
Percentile by assets
$2.7M
Avg per participant
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Official DOL plan name: South Atlantic Capital Inc Profit-Sharing Plan · Sponsored by South Atlantic Capital, Inc. · Florida · Professional & Technical Services

$8M in assets, 3 participants

South Atlantic Capital, Inc.'s South Atlantic Capital Inc Profit-Sharing Plan reported $8M in total assets and 3 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • 54th percentile by assets (of 127,072 plans)
  • #10,598 in Professional & Technical Services (20,321 peers)

What the 2023 filing shows

South Atlantic Capital Inc Profit-Sharing Plan holds $8M for 3 participants - about $2.7M per participant, above the median plan by assets.

$8M
total plan assets (2023 EOY)
3
covered participants
54th
percentile by assets (of 127,072 plans)
$2.7M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • South Atlantic Capital Inc Profit-Sharing Plan reported net income rose from -$158K in the plan year 2022 filing to $325K in the plan year 2023 filing.
  • South Atlantic Capital Inc Profit-Sharing Plan end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Profit Sharing filing for South Atlantic Capital Inc Profit-Sharing Plan

Profit Sharing filing for plan year 2023: EIN 593453870 ; effective since 1997-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$325K
Employer EIN593453870
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Atlantic Capital, Inc.)

$7.4M$7.6M$7.8M$8M$8.2M 202220232024 $7.57M $7.53M ▼ -0.5%
Total plan assets by year, all South Atlantic Capital, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3 $8M
2023 1 3 $8M
2024 1 3 $8M

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

South Atlantic Capital Inc Profit-Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

South Atlantic Capital Inc Profit-Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants South Atlantic Capit…Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
South Atlantic Capital Inc Profit-Sharing Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to South Atlantic Capital Inc Profit-Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did South Atlantic Capital Inc Profit-Sharing Plan assets move in 2023?
South Atlantic Capital Inc Profit-Sharing Plan grew at a solid clip - up 5.3% during 2023, from $8M to $8M. Reported net income was $325K.
How have South Atlantic Capital, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), South Atlantic Capital, Inc.'s sponsor-wide assets declined 0.6%, from $8M to $8M.
Which Profit Sharing plans are similar in size to South Atlantic Capital Inc Profit-Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Total Community Action, Inc. Ee's Retirement Plan & Trust in LA ($8M, 191 participants).

Next read for South Atlantic Capital Inc Profit-Sharin…

Filing takeaways

Ways to act on South Atlantic Capital Inc Profit-Sharing Plan's numbers.