401(k) · DOL Form 5500 · 2024

South Georgia Banking Company 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
113
Participants Small participant base
68th
Percentile by assets National rank
$159,694
Avg per participant Above avg balance/head
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Official DOL plan name: South Georgia Banking Company 401(k) Profit Sharing Plan · Sponsored by South Georgia Banking Company · Georgia · Finance & Insurance

$18M in assets, 113 participants

South Georgia Banking Company's South Georgia Banking Company 401(k) Profit Sharing Plan reported $18M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,498 in Finance & Insurance (8,549 peers)

Coverage in Georgia

South Georgia Banking Company 401(k) Profit Sharing Plan covers 113 participants in Georgia, about 10% of the average Georgia filer (state average ~1,096 per filing). Assets: $18M.

#4,498
in Finance & Insurance (8,549 peers)
+11.6%
assets growth YoY

South Georgia Banking Company 401(k) Profit Sharing Plan's outsized position by total assets

South Georgia Banking Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$18,045,418 Top 32% higher than 68% 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

South Georgia Banking Company 401(k) Profit Sharing Plan 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. South Georgia Banking Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • South Georgia Banking Company 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • South Georgia Banking Company 401(k) Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 581022353 · South Georgia Banking Company PY 2024 · 401(k)

South Georgia Banking Company 401(k) Profit Sharing Plan · $18M · 113 · 68th

  • NET $18M
  • NET 113
  • NET 68th
  • NET 401(k)
  • NET near Ruxer Ford Lincoln, Inc. Employees Profit Sharing and Savings Plan
  • NET ind #4498

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 →

South Georgia Banking Company 401(k) Profit Sharing Plan in the asset neighbourhood

South Georgia Banking Company 401(k) Profit Sharing PlanSouth Georgia Banking Compan…$18MRuxer Ford Lincoln, Inc. Employees Profit Sharing and Savings PlanRuxer Ford Lincoln, Inc. Emp…$18MTower Industries, Inc. 401(k) Profit Sharing PlanTower Industries, Inc. 401(k…$18MAkzonobel Hourly Savings Plan$18MBynder 401(k) Plan$18M
End-of-year total assets ($M) among South Georgia Banking Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN581022353
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Georgia Banking Company)

Sponsor-wide plan assets over time

All South Georgia Banking Company plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.364673983213066% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.5M $18.1M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 115 $14M
2023 1 113 $16M
2024 1 113 $18M

Nearby 401(k) Plans in Georgia

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

South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants South Georgia Banking Company 401(k) Profit Sharing Plan, Total assets ($B): 0.018045418 · Participants: 113South Georgia Banking Company 401(k) Profit Sharing PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
South Georgia Banking Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

South Georgia Banking Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Ruxer Ford Lincoln, Inc. Employees Profit Sharing and Savings Plan in IN ($18M); by covered participants it is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (113 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 South Georgia Banking Company 401(k) Profit Sharing Plan assets move in 2024?
South Georgia Banking Company 401(k) Profit Sharing Plan grew at a solid clip - up 11.6% during 2024, from $16M to $18M. Reported net income was $2M.
How have South Georgia Banking Company plan assets changed over time?
Across 3 plan years on file (2022-2024), South Georgia Banking Company's sponsor-wide assets grew 33.4%, from $14M to $18M.
Which 401(k) plans are similar in size to South Georgia Banking Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Ruxer Ford Lincoln, Inc. Employees Profit Sharing and Savings Plan in IN ($18M, 105 participants).
Which 401(k) plans cover a similar participant headcount to South Georgia Banking Company 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants, $918K in assets).