401(k) · DOL Form 5500 · 2024

Southern Fabricators Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
94
Participants Small participant base
40th
Percentile by assets National rank
$47,359
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Southern Fabricators Inc 401(k) Plan · Sponsored by Southern Fabricators Inc. · North Carolina · Manufacturing

$4M in assets, 94 participants

Southern Fabricators Inc.'s Southern Fabricators Inc 401(k) Plan reported $4M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,099 in Manufacturing (17,777 peers)

Southern Fabricators Inc. multi-year trail

Southern Fabricators Inc.'s plans moved -19.6% in assets from 2023 to 2024; this filing shows Southern Fabricators Inc 401(k) Plan at $4M / 94 participants.

#4,099
in Manufacturing (17,777 peers)
-6.2%
assets change YoY

The plan reported a net loss of $297K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Southern Fabricators Inc 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Southern Fabricators Inc 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$4,451,769 40th percentile higher than 40% of 123,620 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 2024

Southern Fabricators Inc 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Southern Fabricators Inc 401(k) Plan is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Southern Fabricators Inc 401(k) Plan reported net income fell from $854K in the plan year 2023 filing to -$297K in the plan year 2024 filing.
  • Southern Fabricators Inc 401(k) Plan reported participants fell from 123 in the plan year 2023 filing to 94 in the plan year 2024 filing.
  • Southern Fabricators Inc 401(k) Plan end-of-year assets fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 560928892 · Southern Fabricators Inc. PY 2024 · 401(k)

Southern Fabricators Inc 401(k) Plan · $4M · 94 · 40th

  • SCH $4M
  • EBSA 94
  • PART 40th
  • TYPE 401(k)
  • NET near Professional Rodeo Cowboys Association, Inc. 401(k) Plan
  • BOOK ind #4099

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 Fabricators Inc 401(k) Plan in the asset neighbourhood

Southern Fabricators Inc 401(k) PlanSouthern Fabricators Inc 401…$4MProfessional Rodeo Cowboys Association, Inc. 401(k) PlanProfessional Rodeo Cowboys A…$4MDowney and Scott, LLC Employees Savings TrustDowney and Scott, LLC Employ…$4MArgonaut Food Partners, LLC Retirement PlanArgonaut Food Partners, LLC …$4MNova Products, Inc. 401(k) PlanNova Products, Inc. 401(k) P…$4M
End-of-year total assets ($M) among Southern Fabricators Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Southern Fabricators Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Southern Fabricators Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 19.560250727735625% vs 2023
2024 filing year
$4M$4.5M$5M$5.5M$6M 20232024 $5.53M $4.45M ▼ -19.5%
Year Plans Participants Total Assets
2023 1 123 $6M
2024 1 94 $4M

Southern Fabricators Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$297K
Employer EIN560928892
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Southern Fabricators Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Southern Fabricators Inc 401(k) Plan, Total assets ($B): 0.004451769 · Participants: 94Southern Fabricators Inc 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Southern Fabricators Inc 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Southern Fabricators Inc 401(k) Plan side-by-side with 3 peers →

Southern Fabricators Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Professional Rodeo Cowboys Association, Inc. 401(k) Plan in CO ($4M); by covered participants it is Premier Forge Group Retirment Plan in IN (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Southern Fabricators Inc 401(k) Plan assets move in 2024? ▼
Southern Fabricators Inc 401(k) Plan pulled back noticeably - down 6.2% during 2024, from $5M to $4M. Reported net income was -$297K.
How have Southern Fabricators Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Southern Fabricators Inc.'s sponsor-wide assets declined 19.6%, from $6M to $4M.
Which 401(k) plans are similar in size to Southern Fabricators Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Professional Rodeo Cowboys Association, Inc. 401(k) Plan in CO ($4M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Southern Fabricators Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Premier Forge Group Retirment Plan in IN (94 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560928892.

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.