401(k) · DOL Form 5500 · 2023

Southern Concrete Materials, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
271
Participants Below avg headcount
59th
Percentile by assets National rank
$37,816
Avg per participant Low balance/head
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Official DOL plan name: Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan · Sponsored by Southern Concrete Materials, Inc. · North Carolina · Manufacturing

$10M in assets, 271 participants

Southern Concrete Materials, Inc.'s Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan reported $10M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,510 in Manufacturing (18,722 peers)

Coverage in North Carolina

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan covers 271 participants in North Carolina, about 33% of the average North Carolina filer (state average ~819 per filing). Assets: $10M.

#8,510
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan vs every filed plan by assets

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

$10,248,221 Top 41% higher than 59% 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 Concrete Materials, Inc. Salary Deferral and 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. Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan reported net income rose from $313K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan reported participants fell from 344 in the plan year 2022 filing to 271 in the plan year 2023 filing.
  • Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 560663876 · Southern Concrete Materials, Inc. PY 2023 · 401(k)

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan · $10M · 271 · 59th

  • BOOK $10M
  • VS-ST 271
  • BOY 59th
  • SCH 401(k)
  • EBSA near Nest International, Inc. 401(k) Plan
  • PART ind #8510

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 Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan in the asset neighbourhood

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing PlanSouthern Concrete Materials,…$10MNest International, Inc. 401(k) PlanNest International, Inc. 401…$10MAcadia Hr Mep Plan$10MKoons Ford of Annapolis, Inc. 401(k) Profit Sharing PlanKoons Ford of Annapolis, Inc…$10MResorts Casino Hotel 401(k) PlanResorts Casino Hotel 401(k) …$10M
End-of-year total assets ($M) among Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN560663876
Plan Effective Date1971-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Southern Concrete Materials, Inc.)

Sponsor-wide plan assets over time

All Southern Concrete Materials, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 3.376032665691602% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M$10.5M 202220232024 $8.76M $9.05M ▲ +3.3%
Year Plans Participants Total Assets
2022 1 344 $9M
2023 1 271 $10M
2024 1 287 $9M

Nearby 401(k) Plans in North Carolina

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

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan, Total assets ($B): 0.010248221 · Participants: 271Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing PlanThe 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 Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Nest International, Inc. 401(k) Plan in NJ ($10M); by covered participants it is Sellen Construction Co., Inc. 401(k) and Wealthbuilder Retirement Plan in WA (271 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan assets move in 2023?
Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan grew sharply - up 17.0% during 2023, from $9M to $10M. Reported net income was $1M.
How have Southern Concrete Materials, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Southern Concrete Materials, Inc.'s sponsor-wide assets grew 3.4%, from $9M to $9M.
Which 401(k) plans are similar in size to Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Nest International, Inc. 401(k) Plan in NJ ($10M, 235 participants).
Which 401(k) plans cover a similar participant headcount to Southern Concrete Materials, Inc. Salary Deferral and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Sellen Construction Co., Inc. 401(k) and Wealthbuilder Retirement Plan in WA (271 participants, $96M in assets).