401(k) · DOL Form 5500 · 2024
South Central Bank, Inc. 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 260
- Participants Below avg headcount
- 69th
- Percentile by assets National rank
- $71,727
- Avg per participant Below avg balance/head
Official DOL plan name: South Central Bank 401(k) Plan · Sponsored by South Central Bank, Inc. · Kentucky · Finance & Insurance
$19M in assets, 260 participants
South Central Bank, Inc.'s South Central Bank 401(k) Plan reported $19M in total assets and 260 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.
- #4,567 in Finance & Insurance (8,549 peers)
Coverage in Kentucky
South Central Bank 401(k) Plan covers 260 participants in Kentucky, about 40% of the average Kentucky filer (state average ~647 per filing). Assets: $19M.
- #4,567
- in Finance & Insurance (8,549 peers)
- +13.5%
- assets growth YoY
South Central Bank 401(k) Plan's outsized position by total assets
South Central Bank 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$18,648,961 Top 31% higher than 69% 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
South Central Bank 401(k) 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 Central Bank 401(k) Plan sits mid-pack in the medium band (260 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- South Central Bank 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- South Central Bank 401(k) Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.
- South Central Bank 401(k) Plan reported participants rose from 251 in the plan year 2023 filing to 260 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 610126170 · South Central Bank, Inc. PY 2024 · 401(k)
South Central Bank 401(k) Plan · $19M · 260 · 69th
- BOY $19M
- SCH 260
- EBSA 69th
- PART 401(k)
- TYPE near Earth Mechanics, Inc. Profit Sharing Plan
- NET ind #4567
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 Kentucky →
South Central Bank 401(k) Plan in the asset neighbourhood
Kentucky filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $2M |
| Employer EIN | 610126170 |
| Plan Effective Date | 1997-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (South Central Bank, Inc.)
Sponsor-wide plan assets over time
All South Central Bank, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $19M 20.920432775321988% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 256 | $15M |
| 2023 | 1 | 251 | $16M |
| 2024 | 1 | 260 | $19M |
Nearby 401(k) Plans in Kentucky
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Commonspirit Health 401(k) Retirement Savings Plan $8.8B · 90,345
- Humana Retirement Savings Plan $7.7B · 45,706
- UPS/Ipa 401(k) Savings Plan $1.5B · 3,064
- Scionhealth 401(k) Plan $1.3B · 23,753
- Lexmark Savings Plan $1.2B · 1,919
South Central Bank 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Kentucky, the nearest 401(k) by assets is Earth Mechanics, Inc. Profit Sharing Plan in CA ($19M); by covered participants it is Keystone Natural Holdings 401(k) Plan in PA (260 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Earth Mechanics, Inc. Profit Sharing Plan (CA) $19M · 38
- Rastelli Brothers, Inc. 401(k) Salary Reduction Plan (NJ) $19M · 573
- Reconserve 401(k) Plan (CA) $19M · 359
- Nisqually Red Wind 401(k) Plan (WA) $19M · 683
Similar participant headcount
Nearest other-state filings by covered participants (260 participants); asset peers above are excluded.
- Keystone Natural Holdings 401(k) Plan (PA) 260 · 0 off
- Froehling & Robertson, Inc. 401(k) Plan (VA) 260 · 0 off
- Tendercare Home Health Services Retirement Plan (IN) 260 · 0 off
- Matrix Adhesives Group 401(k) Plan (OH) 260 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.