401(k) · DOL Form 5500 · 2023
Black Mountain Savings Bank, Ssb 401(k) Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 6
- Participants Small participant base
- 32nd
- Percentile by assets National rank
- $395,029
- Avg per participant High balance/head
Official DOL plan name: Black Mountain Savings Bank, Ssb 401(k) Plan · Sponsored by Black Mountain Savings Bank, Ssb · North Carolina · Finance & Insurance
$2M in assets, 6 participants
Black Mountain Savings Bank, Ssb's Black Mountain Savings Bank, Ssb 401(k) Plan reported $2M in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.
- #1,982 in Finance & Insurance (8,869 peers)
Black Mountain Savings Bank, Ssb multi-year trail
Black Mountain Savings Bank, Ssb's plans moved +17.8% in assets from 2022 to 2024; this filing shows Black Mountain Savings Bank, Ssb 401(k) Plan at $2M / 6 participants.
- #1,982
- in Finance & Insurance (8,869 peers)
- +3.9%
- assets growth YoY
Black Mountain Savings Bank, Ssb 401(k) Plan among the smaller filed plans by assets
Black Mountain Savings Bank, Ssb 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,370,175 32nd percentile higher than 32% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Black Mountain Savings Bank, Ssb 401(k) Plan among micro filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Black Mountain Savings Bank, Ssb 401(k) Plan is a micro filing (6 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Black Mountain Savings Bank, Ssb 401(k) Plan reported net income fell from $111K in the plan year 2022 filing to $89K in the plan year 2023 filing.
- Black Mountain Savings Bank, Ssb 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 560142695 · Black Mountain Savings Bank, Ssb PY 2023 · 401(k)
Black Mountain Savings Bank, Ssb 401(k) Plan · $2M · 6 · 32nd
- 5500 $2M
- ASSETS 6
- PCT 32nd
- EIN 401(k)
- RANK near 401(k) Profit-Sharing Plan for Employees of Open Hearts
- PHOTO ind #1982
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 North Carolina →
Black Mountain Savings Bank, Ssb 401(k) Plan in the asset neighbourhood
Black Mountain Savings Bank, Ssb multi-year asset trail
Sponsor-wide plan assets over time
All Black Mountain Savings Bank, Ssb plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 17.805254508257264% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 6 | $2M |
| 2023 | 1 | 6 | $2M |
| 2024 | 1 | 5 | $3M |
Black Mountain Savings Bank, Ssb filing trail (2023)
| Total Assets (Beginning of Year) | $2M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | $89K |
| Employer EIN | 560142695 |
| Plan Effective Date | 1983-07-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Black Mountain Savings Bank, Ssb 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is 401(k) Profit-Sharing Plan for Employees of Open Hearts in AZ ($2M); by covered participants it is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (6 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.