401(k) · DOL Form 5500 · 2024
Piedmont Federal Savings Bank 401(k) Plan
Data updated 2026-08-25
- $20M
- Total assets Small plan by assets
- 119
- Participants Small participant base
- 70th
- Percentile by assets National rank
- $168,504
- Avg per participant Above avg balance/head
Official DOL plan name: Profit Sharing Retirement Plan of Piedmont Federal Savings Bank · Sponsored by Piedmont Federal Savings Bank · North Carolina · Finance & Insurance
$20M in assets, 119 participants
Piedmont Federal Savings Bank's Profit Sharing Retirement Plan of Piedmont Federal Savings Bank reported $20M in total assets and 119 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.
- #4,736 in Finance & Insurance (8,549 peers)
Coverage in North Carolina
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank covers 119 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $20M.
- #4,736
- in Finance & Insurance (8,549 peers)
- +13.6%
- assets growth YoY
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank's outsized position by total assets
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$20,052,029 Top 30% higher than 70% 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
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank 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. Profit Sharing Retirement Plan of Piedmont Federal Savings Bank sits mid-pack in the medium band (119 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Profit Sharing Retirement Plan of Piedmont Federal Savings Bank reported net income rose from -$2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Profit Sharing Retirement Plan of Piedmont Federal Savings Bank end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
- Profit Sharing Retirement Plan of Piedmont Federal Savings Bank reported participants fell from 127 in the plan year 2023 filing to 119 in the plan year 2024 filing.
DOL schedule card
Filing strip 560358476 · Piedmont Federal Savings Bank PY 2024 · 401(k)
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank · $20M · 119 · 70th
- PHOTO $20M
- PHOTO 119
- PHOTO 70th
- PHOTO 401(k)
- PHOTO near Affirma, LLC 401(k) Plan
- PHOTO ind #4736
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 →
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | $2M |
| Employer EIN | 560358476 |
| Plan Effective Date | 1952-12-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Piedmont Federal Savings Bank)
Sponsor-wide plan assets over time
All Piedmont Federal Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $20M 4.0134333372738595% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 126 | $19M |
| 2023 | 1 | 127 | $18M |
| 2024 | 1 | 119 | $20M |
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
Profit Sharing Retirement Plan of Piedmont Federal Savings Bank's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Affirma, LLC 401(k) Plan in WA ($20M); by covered participants it is Culy Contracting LLC Retirement Savings Plan in IN (119 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($20M here).
- Affirma, LLC 401(k) Plan (WA) $20M · 251
- The Mosaic Tile Company of Virginia Inc 401(k) Profit Sharing Plan (VA) $20M · 147
- T.F. Warren Group Retirement Savings Plan (AL) $20M · 529
- Glacial Lakes Energy, LLC 401(k) Plan (SD) $20M · 184
Similar participant headcount
Nearest other-state filings by covered participants (119 participants); asset peers above are excluded.
- Culy Contracting LLC Retirement Savings Plan (IN) 119 · 0 off
- Solo Printing 401(k) Savings Plan (FL) 119 · 0 off
- Reach Unlimited 401(k) Retirement Plan (TX) 119 · 0 off
- Commerce Media Holdings 401(k) Plan (CA) 119 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.