401(k) · DOL Form 5500 · 2022

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
36th
Percentile by assets National rank
$380,201
Avg per participant High balance/head
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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 2022 DOL Form 5500 filing, ranking in the 36th 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.

  • #2,254 in Finance & Insurance (9,261 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.

#2,254
in Finance & Insurance (9,261 peers)
+4.9%
assets growth YoY

Black Mountain Savings Bank, Ssb 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Black Mountain Savings Bank, Ssb 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,281,203 36th percentile higher than 36% of 139,123 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 2022

Black Mountain Savings Bank, Ssb 401(k) Plan among micro filed plans by headcount

Plan-year 2022 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.

Form 5500 schedule snapshot

Filing strip 560142695 · Black Mountain Savings Bank, Ssb PY 2022 · 401(k)

Black Mountain Savings Bank, Ssb 401(k) Plan · $2M · 6 · 36th

  • EOY $2M
  • EOY 6
  • EOY 36th
  • EOY 401(k)
  • EOY near Williams, Robinson Et Al 401(k) Plan & Trust
  • EOY ind #2254

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 401(k) PlanBlack Mountain Savings Bank,…$2MWilliams, Robinson Et Al 401(k) Plan & TrustWilliams, Robinson Et Al 401…$2MBlue Telcom, Inc. 401(k) Profit Sharing PlanBlue Telcom, Inc. 401(k) Pro…$2MJ & W Walker Farms, Inc. 401(k) PlanJ & W Walker Farms, Inc. 401…$2MGavs Technologies NA, Inc. 401(k) PlanGavs Technologies NA, Inc. 4…$2M
End-of-year total assets ($M) among Black Mountain Savings Bank, Ssb 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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
$2.2M$2.4M$2.6M$2.8M 202220232024 $2.28M $2.69M ▲ +18.0%
Year Plans Participants Total Assets
2022 1 6 $2M
2023 1 6 $2M
2024 1 5 $3M

Black Mountain Savings Bank, Ssb filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$111K
Employer EIN560142695
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Black Mountain Savings Bank, Ssb 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Black Mountain Savings Bank, Ssb 401(k) Plan, Total assets ($B): 0.002281203 · Participants: 6Black Mountain Savings Bank, Ssb 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Black Mountain Savings Bank, Ssb 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Black Mountain Savings Bank, Ssb 401(k) Plan side-by-side with 3 peers →

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 Williams, Robinson Et Al 401(k) Plan & Trust in MO ($2M); by covered participants it is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Black Mountain Savings Bank, Ssb 401(k) Plan assets move in 2022? ▼
Black Mountain Savings Bank, Ssb 401(k) Plan edged up modestly - up 4.9% during 2022, from $2M to $2M. Reported net income was $111K.
How have Black Mountain Savings Bank, Ssb plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Black Mountain Savings Bank, Ssb's sponsor-wide assets grew 17.8%, from $2M to $3M.
Which 401(k) plans are similar in size to Black Mountain Savings Bank, Ssb 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Williams, Robinson Et Al 401(k) Plan & Trust in MO ($2M, 16 participants).
Which 401(k) plans cover a similar participant headcount to Black Mountain Savings Bank, Ssb 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Firetower Farms, Inc. 401(k) Profit Sharing Plan in TX (6 participants, $302K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560142695.

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.