Profit Sharing · DOL Form 5500 · 2024

First Bank of Coastal Georgia Profit Sharing Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
23
Participants Small participant base
24th
Percentile by assets National rank
$47,031
Avg per participant Low balance/head
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Official DOL plan name: First Bank of Coastal Georgia Profit Sharing Plan · Sponsored by First Bank of Coastal Georgia · Georgia · Finance & Insurance

$1M in assets, 23 participants

First Bank of Coastal Georgia's First Bank of Coastal Georgia Profit Sharing Plan reported $1M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 24th 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.

  • #1,185 in Finance & Insurance (8,549 peers)

First Bank of Coastal Georgia multi-year trail

First Bank of Coastal Georgia's plans moved -20.6% in assets from 2022 to 2024; this filing shows First Bank of Coastal Georgia Profit Sharing Plan at $1M / 23 participants.

#1,185
in Finance & Insurance (8,549 peers)
-28.3%
assets change YoY

The plan reported a net loss of $427K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Bank of Coastal Georgia Profit Sharing Plan among the smaller filed plans by assets

First Bank of Coastal Georgia Profit Sharing Plan vs every filed plan by assets

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

$1,081,713 24th percentile higher than 24% 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

First Bank of Coastal Georgia Profit Sharing 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. First Bank of Coastal Georgia Profit Sharing Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Bank of Coastal Georgia Profit Sharing Plan reported net income fell from $147K in the plan year 2023 filing to -$427K in the plan year 2024 filing.
  • First Bank of Coastal Georgia Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • First Bank of Coastal Georgia Profit Sharing Plan reported participants fell from 26 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 580381637 · First Bank of Coastal Georgia PY 2024 · Profit Sharing

First Bank of Coastal Georgia Profit Sharing Plan · $1M · 23 · 24th

  • ASSETS $1M
  • PCT 23
  • EIN 24th
  • RANK Profit Sharing
  • PHOTO near Precision Signs, Inc. Retirement Plan
  • IND ind #1185

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 Georgia →

First Bank of Coastal Georgia Profit Sharing Plan in the asset neighbourhood

First Bank of Coastal Georgia Profit Sharing PlanFirst Bank of Coastal Georgi…$1MPrecision Signs, Inc. Retirement PlanPrecision Signs, Inc. Retire…$1MManuel a. Santini Retirement PlanManuel a. Santini Retirement…$1MJessica Plotnick, PA, P.C. Morgan Stanley Profit Sharing PlanJessica Plotnick, PA, P.C. M…$1MCrofton & Troons Inc. Retirement PlanCrofton & Troons Inc. Retire…$1M
End-of-year total assets ($M) among First Bank of Coastal Georgia Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

First Bank of Coastal Georgia multi-year asset trail

Sponsor-wide plan assets over time

All First Bank of Coastal Georgia plans reported in each filing year

Latest sponsor-wide plan assets
$1M 20.55691015114349% vs 2022
2024 filing year
$1M$1.2M$1.4M$1.6M 202220232024 $1.36M $1.08M ▼ -20.6%
Year Plans Participants Total Assets
2022 1 22 $1M
2023 1 26 $2M
2024 1 23 $1M

First Bank of Coastal Georgia filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$427K
Employer EIN580381637
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Georgia

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

First Bank of Coastal Georgia Profit Sharing Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants First Bank of Coastal Georgia Profit Sharing Plan, Total assets ($B): 0.001081713 · Participants: 23First Bank of Coastal Georgia Profit Sharing PlanEmory University Retirement Plan, Total assets ($B): 5.539809573 · Participants: 18936Emory University Retirement PlanCrh Americas 401(k) Plan, Total assets ($B): 4.190915312 · Participants: 35710Crh Americas 401(k) PlanEmory Healthcare, Inc. Retirement Savings and Matching Plan, Total assets ($B): 2.770557878 · Participants: 23760Emory Healthcare, Inc. Retirement Savings and Matching PlanThe Emory Clinic, Inc. Retirement Savings Plan, Total assets ($B): 1.029232488 · Participants: 2448The Emory Clinic, Inc. Retirement Savings PlanChildrens Healthcare of Atlanta Growth Plan, Total assets ($B): 0.39078983 · Participants: 12290Childrens Healthcare of Atlanta Growth Plan
First Bank of Coastal Georgia Profit Sharing Plan vs. nearby Profit Sharing plans in Georgia, assets vs. participants
Compare First Bank of Coastal Georgia Profit Sharing Plan side-by-side with 3 peers →

First Bank of Coastal Georgia Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Georgia, the nearest Profit Sharing by assets is Precision Signs, Inc. Retirement Plan in NC ($1M); by covered participants it is Univision of Puerto Rico Inc.,Union Savings Plan in PR (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 First Bank of Coastal Georgia Profit Sharing Plan assets move in 2024? ▼
First Bank of Coastal Georgia Profit Sharing Plan declined sharply - down 28.3% during 2024, from $2M to $1M. Reported net income was -$427K.
How have First Bank of Coastal Georgia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Bank of Coastal Georgia's sponsor-wide assets declined 20.6%, from $1M to $1M.
Where does First Bank of Coastal Georgia Profit Sharing Plan rank by assets among Form 5500 filers? ▼
First Bank of Coastal Georgia Profit Sharing Plan ranks in the 24th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to First Bank of Coastal Georgia Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Precision Signs, Inc. Retirement Plan in NC ($1M, 3 participants).
Which Profit Sharing plans cover a similar participant headcount to First Bank of Coastal Georgia Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Univision of Puerto Rico Inc.,Union Savings Plan in PR (23 participants, N/A 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 580381637.

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.