401(k) · DOL Form 5500 · 2024
Southern Bank and Trust Company 401(k) Plan
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 463
- Participants Below avg headcount
- 83rd
- Percentile by assets National rank
- $94,413
- Avg per participant Below avg balance/head
Official DOL plan name: The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · Sponsored by Southern Bank and Trust Company · North Carolina · Finance & Insurance
$44M in assets, 463 participants
Southern Bank and Trust Company's The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported $44M in total assets and 463 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #6,240 in Finance & Insurance (8,549 peers)
Where The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits by assets
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits in the top quartile of all filed plans by assets, $44M for 463 participants (~$94,413/participant), up 19.8% in 2024.
- #6,240
- in Finance & Insurance (8,549 peers)
- +19.8%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's outsized position by total assets
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$43,713,444 Top 17% higher than 83% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company sits mid-pack in the medium band (463 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company end-of-year assets rose from $36M in the plan year 2023 filing to $44M in the plan year 2024 filing.
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported net income fell from $8M in the plan year 2023 filing to $7M in the plan year 2024 filing.
- The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company reported participants rose from 442 in the plan year 2023 filing to 463 in the plan year 2024 filing.
DOL schedule card
Filing strip 560132260 · Southern Bank and Trust Company PY 2024 · 401(k)
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company · $44M · 463 · 83rd
- BOOK $44M
- BOOK 463
- BOOK 83rd
- BOOK 401(k)
- BOOK near Bitsight Technologies Retirement Trust
- BOOK ind #6240
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 →
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | $7M |
| Employer EIN | 560132260 |
| Plan Effective Date | 2012-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Southern Bank and Trust Company)
Sponsor-wide plan assets over time
All Southern Bank and Trust Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $175M 18.33213335262524% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 805 | $148M |
| 2023 | 3 | 776 | $167M |
| 2024 | 3 | 765 | $175M |
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 $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
The Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust Company's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Bitsight Technologies Retirement Trust in MA ($44M); by covered participants it is Ti 401(k) Savings Plan in TX (463 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
Similar participant headcount
Nearest other-state filings by covered participants (463 participants); asset peers above are excluded.
- Ti 401(k) Savings Plan (TX) 463 · 0 off
- Protein for Pets Opco, LLC 401(k) Plan (MO) 463 · 0 off
- Texas Spine and Joint Hospital 401(k) Profit Sharing Plan (TX) 463 · 0 off
- Schwartz Farms, Inc. 401(k) Profit Sharing Plan (MN) 463 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.