401(k) · DOL Form 5500 · 2024

Security Finance Corporation of Spartanburg 401(k) Plan

Data updated 2026-08-25

$114M
Total assets Near avg plan size
2,097
Participants Near avg headcount
91st
Percentile by assets National rank
$54,226
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Security 401(k) Profit-Sharing and Savings Plan · Sponsored by Security Finance Corporation of Spartanburg · South Carolina · Finance & Insurance

$114M in assets, 2,097 participants

Security Finance Corporation of Spartanburg's Security 401(k) Profit-Sharing and Savings Plan reported $114M in total assets and 2,097 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,396 in Finance & Insurance (8,549 peers)

Coverage in South Carolina

Security 401(k) Profit-Sharing and Savings Plan covers 2,097 participants in South Carolina, 5.7x the typical South Carolina plan (state average ~369 per filing). Assets: $114M.

#7,396
in Finance & Insurance (8,549 peers)
+11.2%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Security 401(k) Profit-Sharing and Savings Plan's outsized position by total assets

Security 401(k) Profit-Sharing and Savings Plan vs every filed plan by assets

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

$113,712,226 Top 9% higher than 91% 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

Security 401(k) Profit-Sharing and Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security 401(k) Profit-Sharing and Savings Plan lands in the large band (2,097 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Security 401(k) Profit-Sharing and Savings Plan reported net income fell from $16M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Security 401(k) Profit-Sharing and Savings Plan end-of-year assets rose from $102M in the plan year 2023 filing to $114M in the plan year 2024 filing.
  • Security 401(k) Profit-Sharing and Savings Plan reported participants fell from 2,112 in the plan year 2023 filing to 2,097 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 570359683 · Security Finance Corporation of Spartanburg PY 2024 · 401(k)

Security 401(k) Profit-Sharing and Savings Plan · $114M · 2,097 · 91st

  • EIN $114M
  • EIN 2,097
  • EIN 91st
  • EIN 401(k)
  • EIN near Lakeside Foods, Inc. Retirement Plan
  • EIN ind #7396

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 South Carolina →

Security 401(k) Profit-Sharing and Savings Plan in the asset neighbourhood

Lakeside Foods, Inc. Retirement PlanLakeside Foods, Inc. Retirem…$114MLatitude Ai LLC 401(k) Plan$114MSecurity 401(k) Profit-Sharing and Savings PlanSecurity 401(k) Profit-Shari…$114MCls Bank International 401(k) and Profit Sharing PlanCls Bank International 401(k…$114MOpeiu National Retirement Savings PlanOpeiu National Retirement Sa…$114M
End-of-year total assets ($M) among Security 401(k) Profit-Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$102M
Net Assets (End of Year)$114M
Net Income$11M
Employer EIN570359683
Plan Effective Date1964-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Security Finance Corporation of Spartanburg)

Sponsor-wide plan assets over time

All Security Finance Corporation of Spartanburg plans reported in each filing year

Latest sponsor-wide plan assets
$114M 32.26515598334811% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $86M $114M ▲ +32.3%
Year Plans Participants Total Assets
2022 1 2,475 $86M
2023 1 2,112 $102M
2024 1 2,097 $114M

Nearby 401(k) Plans in South Carolina

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

Security 401(k) Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Security 401(k) Profit-Sharing and Savings Plan, Total assets ($B): 0.113712226 · Participants: 2097Security 401(k) Profit-Sharing and Savings PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Security 401(k) Profit-Sharing and Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Security 401(k) Profit-Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Lakeside Foods, Inc. Retirement Plan in WI ($114M); by covered participants it is Embraer Aircraft Holding, Inc. 401(k) Retirement Plan in FL (2,097 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($114M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,097 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 Security 401(k) Profit-Sharing and Savings Plan assets move in 2024?
Security 401(k) Profit-Sharing and Savings Plan grew at a solid clip - up 11.2% during 2024, from $102M to $114M. Reported net income was $11M.
How have Security Finance Corporation of Spartanburg plan assets changed over time?
Across 3 plan years on file (2022-2024), Security Finance Corporation of Spartanburg's sponsor-wide assets grew 32.3%, from $86M to $114M.
Where does Security 401(k) Profit-Sharing and Savings Plan rank by assets among Form 5500 filers?
Security 401(k) Profit-Sharing and Savings Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Security 401(k) Profit-Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lakeside Foods, Inc. Retirement Plan in WI ($114M, 1,308 participants).
Which 401(k) plans cover a similar participant headcount to Security 401(k) Profit-Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Embraer Aircraft Holding, Inc. 401(k) Retirement Plan in FL (2,097 participants, $205M in assets).