South Atlantic Bank
Plan context: South Atlantic Bank 401(K) and Profit Sharing Plan
EIN 26-1366826 • Myrtle Beach, SC • 39 filings • 6 plans
Current Snapshot
Latest Year
2024
2024 Participants
159
2024 Assets
$23,597,585
2024 Contributions
$1,879,401
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 159 | $23,597,585 | $1,879,401 | $11,820iApproximate average salary by contribution assumption: employee only about $295,503 at 4% or $197,002 at 6%; with 50% employer match about $197,002 at 4% or $131,335 at 6%; with 100% employer match about $147,752 at 4% or $98,501 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 153 | $23,597,585 | $1,879,401 | $12,284iApproximate average salary by contribution assumption: employee only about $307,092 at 4% or $204,728 at 6%; with 50% employer match about $204,728 at 4% or $136,485 at 6%; with 100% employer match about $153,546 at 4% or $102,364 at 6%. |
| South Atlantic Bank Health & Welfare Plan | - | 159 | - | - | - |
| 2023 | 3 | 157 | $19,150,411 | $3,079,363 | $19,614iApproximate average salary by contribution assumption: employee only about $490,344 at 4% or $326,896 at 6%; with 50% employer match about $326,896 at 4% or $217,931 at 6%; with 100% employer match about $245,172 at 4% or $163,448 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 157 | $18,712,859 | $1,756,626 | $11,189iApproximate average salary by contribution assumption: employee only about $279,718 at 4% or $186,478 at 6%; with 50% employer match about $186,478 at 4% or $124,319 at 6%; with 100% employer match about $139,859 at 4% or $93,239 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 135 | $437,552 | $1,322,737 | $9,798iApproximate average salary by contribution assumption: employee only about $244,951 at 4% or $163,301 at 6%; with 50% employer match about $163,301 at 4% or $108,867 at 6%; with 100% employer match about $122,476 at 4% or $81,650 at 6%. |
| SOUTH ATLANTIC BANK WELFARE BENEFIT PLAN | - | 0 | - | - | - |
| 2022 | 3 | 150 | $15,169,917 | $2,768,855 | $18,459iApproximate average salary by contribution assumption: employee only about $461,476 at 4% or $307,651 at 6%; with 50% employer match about $307,651 at 4% or $205,100 at 6%; with 100% employer match about $230,738 at 4% or $153,825 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 142 | $14,536,450 | $1,609,636 | $11,335iApproximate average salary by contribution assumption: employee only about $283,387 at 4% or $188,924 at 6%; with 50% employer match about $188,924 at 4% or $125,950 at 6%; with 100% employer match about $141,693 at 4% or $94,462 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 118 | $633,467 | $1,159,219 | $9,824iApproximate average salary by contribution assumption: employee only about $245,597 at 4% or $163,731 at 6%; with 50% employer match about $163,731 at 4% or $109,154 at 6%; with 100% employer match about $122,799 at 4% or $81,866 at 6%. |
| SOUTH ATLANTIC BANK WELFARE BENEFIT PLAN | - | 150 | - | - | - |
| 2021 | 3 | 146 | $19,168,092 | $3,002,735 | $20,567iApproximate average salary by contribution assumption: employee only about $514,167 at 4% or $342,778 at 6%; with 50% employer match about $342,778 at 4% or $228,519 at 6%; with 100% employer match about $257,083 at 4% or $171,389 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 142 | $18,526,655 | $1,820,198 | $12,818iApproximate average salary by contribution assumption: employee only about $320,457 at 4% or $213,638 at 6%; with 50% employer match about $213,638 at 4% or $142,426 at 6%; with 100% employer match about $160,229 at 4% or $106,819 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 124 | $641,437 | $1,182,537 | $9,537iApproximate average salary by contribution assumption: employee only about $238,415 at 4% or $158,943 at 6%; with 50% employer match about $158,943 at 4% or $105,962 at 6%; with 100% employer match about $119,207 at 4% or $79,472 at 6%. |
| SOUTH ATLANTIC BANK WELFARE BENEFIT PLAN | - | 146 | - | - | - |
| 2020 | 3 | 139 | $14,964,652 | $2,737,286 | $19,693iApproximate average salary by contribution assumption: employee only about $492,318 at 4% or $328,212 at 6%; with 50% employer match about $328,212 at 4% or $218,808 at 6%; with 100% employer match about $246,159 at 4% or $164,106 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 131 | $14,365,057 | $1,448,960 | $11,061iApproximate average salary by contribution assumption: employee only about $276,519 at 4% or $184,346 at 6%; with 50% employer match about $184,346 at 4% or $122,897 at 6%; with 100% employer match about $138,260 at 4% or $92,173 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 112 | $599,595 | $1,288,326 | $11,503iApproximate average salary by contribution assumption: employee only about $287,573 at 4% or $191,715 at 6%; with 50% employer match about $191,715 at 4% or $127,810 at 6%; with 100% employer match about $143,786 at 4% or $95,858 at 6%. |
| SOUTH ATLANTIC BANK WELFARE BENEFIT PLAN | - | 139 | - | - | - |
| 2019 | 2 | 115 | $11,434,210 | $2,429,031 | $21,122iApproximate average salary by contribution assumption: employee only about $528,050 at 4% or $352,033 at 6%; with 50% employer match about $352,033 at 4% or $234,689 at 6%; with 100% employer match about $264,025 at 4% or $176,017 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 115 | $11,134,067 | $1,437,043 | $12,496iApproximate average salary by contribution assumption: employee only about $312,401 at 4% or $208,267 at 6%; with 50% employer match about $208,267 at 4% or $138,845 at 6%; with 100% employer match about $156,200 at 4% or $104,134 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 102 | $300,143 | $991,988 | $9,725iApproximate average salary by contribution assumption: employee only about $243,134 at 4% or $162,090 at 6%; with 50% employer match about $162,090 at 4% or $108,060 at 6%; with 100% employer match about $121,567 at 4% or $81,045 at 6%. |
| 2018 | 2 | 112 | $8,649,028 | $2,888,509 | $25,790iApproximate average salary by contribution assumption: employee only about $644,756 at 4% or $429,838 at 6%; with 50% employer match about $429,838 at 4% or $286,558 at 6%; with 100% employer match about $322,378 at 4% or $214,919 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 112 | $8,398,951 | $1,966,345 | $17,557iApproximate average salary by contribution assumption: employee only about $438,916 at 4% or $292,611 at 6%; with 50% employer match about $292,611 at 4% or $195,074 at 6%; with 100% employer match about $219,458 at 4% or $146,305 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 99 | $250,077 | $922,164 | $9,315iApproximate average salary by contribution assumption: employee only about $232,870 at 4% or $155,246 at 6%; with 50% employer match about $155,246 at 4% or $103,498 at 6%; with 100% employer match about $116,435 at 4% or $77,623 at 6%. |
| 2017 | 2 | 92 | $7,839,598 | $2,114,336 | $22,982iApproximate average salary by contribution assumption: employee only about $574,548 at 4% or $383,032 at 6%; with 50% employer match about $383,032 at 4% or $255,355 at 6%; with 100% employer match about $287,274 at 4% or $191,516 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 92 | $7,677,158 | $1,427,809 | $15,520iApproximate average salary by contribution assumption: employee only about $387,992 at 4% or $258,661 at 6%; with 50% employer match about $258,661 at 4% or $172,441 at 6%; with 100% employer match about $193,996 at 4% or $129,331 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 76 | $162,440 | $686,527 | $9,033iApproximate average salary by contribution assumption: employee only about $225,831 at 4% or $150,554 at 6%; with 50% employer match about $150,554 at 4% or $100,369 at 6%; with 100% employer match about $112,916 at 4% or $75,277 at 6%. |
| 2016 | 2 | 71 | $5,244,586 | $1,217,712 | $17,151iApproximate average salary by contribution assumption: employee only about $428,772 at 4% or $285,848 at 6%; with 50% employer match about $285,848 at 4% or $190,565 at 6%; with 100% employer match about $214,386 at 4% or $142,924 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 71 | $5,095,452 | $624,944 | $8,802iApproximate average salary by contribution assumption: employee only about $220,051 at 4% or $146,700 at 6%; with 50% employer match about $146,700 at 4% or $97,800 at 6%; with 100% employer match about $110,025 at 4% or $73,350 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 63 | $149,134 | $592,768 | $9,409iApproximate average salary by contribution assumption: employee only about $235,225 at 4% or $156,817 at 6%; with 50% employer match about $156,817 at 4% or $104,545 at 6%; with 100% employer match about $117,613 at 4% or $78,408 at 6%. |
| 2015 | 2 | 72 | $3,913,791 | $1,040,690 | $14,454iApproximate average salary by contribution assumption: employee only about $361,351 at 4% or $240,900 at 6%; with 50% employer match about $240,900 at 4% or $160,600 at 6%; with 100% employer match about $180,675 at 4% or $120,450 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 72 | $3,804,278 | $475,889 | $6,610iApproximate average salary by contribution assumption: employee only about $165,239 at 4% or $110,159 at 6%; with 50% employer match about $110,159 at 4% or $73,440 at 6%; with 100% employer match about $82,620 at 4% or $55,080 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 61 | $109,513 | $564,801 | $9,259iApproximate average salary by contribution assumption: employee only about $231,476 at 4% or $154,317 at 6%; with 50% employer match about $154,317 at 4% or $102,878 at 6%; with 100% employer match about $115,738 at 4% or $77,159 at 6%. |
| 2014 | 2 | 62 | $3,416,198 | $1,246,269 | $20,101iApproximate average salary by contribution assumption: employee only about $502,528 at 4% or $335,019 at 6%; with 50% employer match about $335,019 at 4% or $223,346 at 6%; with 100% employer match about $251,264 at 4% or $167,509 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 62 | $3,336,380 | $814,247 | $13,133iApproximate average salary by contribution assumption: employee only about $328,325 at 4% or $218,884 at 6%; with 50% employer match about $218,884 at 4% or $145,922 at 6%; with 100% employer match about $164,163 at 4% or $109,442 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 54 | $79,818 | $432,022 | $8,000iApproximate average salary by contribution assumption: employee only about $200,010 at 4% or $133,340 at 6%; with 50% employer match about $133,340 at 4% or $88,893 at 6%; with 100% employer match about $100,005 at 4% or $66,670 at 6%. |
| 2013 | 2 | 52 | $2,640,054 | $741,544 | $14,260iApproximate average salary by contribution assumption: employee only about $356,512 at 4% or $237,674 at 6%; with 50% employer match about $237,674 at 4% or $158,450 at 6%; with 100% employer match about $178,256 at 4% or $118,837 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 52 | $2,500,600 | $347,056 | $6,674iApproximate average salary by contribution assumption: employee only about $166,854 at 4% or $111,236 at 6%; with 50% employer match about $111,236 at 4% or $74,157 at 6%; with 100% employer match about $83,427 at 4% or $55,618 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | - | $139,454 | $394,488 | - |
| 2012 | 2 | 42 | $1,816,854 | $588,056 | $14,001iApproximate average salary by contribution assumption: employee only about $350,033 at 4% or $233,356 at 6%; with 50% employer match about $233,356 at 4% or $155,570 at 6%; with 100% employer match about $175,017 at 4% or $116,678 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 42 | $1,703,126 | $305,701 | $7,279iApproximate average salary by contribution assumption: employee only about $181,965 at 4% or $121,310 at 6%; with 50% employer match about $121,310 at 4% or $80,873 at 6%; with 100% employer match about $90,982 at 4% or $60,655 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | - | $113,728 | $282,355 | - |
| 2011 | 2 | 34 | $1,285,507 | $528,761 | $15,552iApproximate average salary by contribution assumption: employee only about $388,795 at 4% or $259,197 at 6%; with 50% employer match about $259,197 at 4% or $172,798 at 6%; with 100% employer match about $194,397 at 4% or $129,598 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 34 | $1,217,345 | $276,481 | $8,132iApproximate average salary by contribution assumption: employee only about $203,295 at 4% or $135,530 at 6%; with 50% employer match about $135,530 at 4% or $90,353 at 6%; with 100% employer match about $101,647 at 4% or $67,765 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 29 | $68,162 | $252,280 | $8,699iApproximate average salary by contribution assumption: employee only about $217,483 at 4% or $144,989 at 6%; with 50% employer match about $144,989 at 4% or $96,659 at 6%; with 100% employer match about $108,741 at 4% or $72,494 at 6%. |
| 2010 | 2 | 33 | $1,011,726 | $523,219 | $15,855iApproximate average salary by contribution assumption: employee only about $396,378 at 4% or $264,252 at 6%; with 50% employer match about $264,252 at 4% or $176,168 at 6%; with 100% employer match about $198,189 at 4% or $132,126 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 33 | $978,024 | $324,295 | $9,827iApproximate average salary by contribution assumption: employee only about $245,678 at 4% or $163,785 at 6%; with 50% employer match about $163,785 at 4% or $109,190 at 6%; with 100% employer match about $122,839 at 4% or $81,893 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 26 | $33,702 | $198,924 | $7,651iApproximate average salary by contribution assumption: employee only about $191,273 at 4% or $127,515 at 6%; with 50% employer match about $127,515 at 4% or $85,010 at 6%; with 100% employer match about $95,637 at 4% or $63,758 at 6%. |
| 2009 | 2 | 32 | $575,704 | $463,560 | $14,486iApproximate average salary by contribution assumption: employee only about $362,156 at 4% or $241,438 at 6%; with 50% employer match about $241,438 at 4% or $160,958 at 6%; with 100% employer match about $181,078 at 4% or $120,719 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 32 | $551,621 | $250,772 | $7,837iApproximate average salary by contribution assumption: employee only about $195,916 at 4% or $130,610 at 6%; with 50% employer match about $130,610 at 4% or $87,074 at 6%; with 100% employer match about $97,958 at 4% or $65,305 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 24 | $24,083 | $212,788 | $8,866iApproximate average salary by contribution assumption: employee only about $221,654 at 4% or $147,769 at 6%; with 50% employer match about $147,769 at 4% or $98,513 at 6%; with 100% employer match about $110,827 at 4% or $73,885 at 6%. |
| 2008 | 2 | 28 | $223,424 | $429,236 | $15,330iApproximate average salary by contribution assumption: employee only about $383,246 at 4% or $255,498 at 6%; with 50% employer match about $255,498 at 4% or $170,332 at 6%; with 100% employer match about $191,623 at 4% or $127,749 at 6%. |
| South Atlantic Bank 401(K) and Profit Sharing Plan | - | 28 | $202,601 | $270,025 | $9,644iApproximate average salary by contribution assumption: employee only about $241,094 at 4% or $160,729 at 6%; with 50% employer match about $160,729 at 4% or $107,153 at 6%; with 100% employer match about $120,547 at 4% or $80,365 at 6%. |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 20 | $20,823 | $159,211 | $7,961iApproximate average salary by contribution assumption: employee only about $199,014 at 4% or $132,676 at 6%; with 50% employer match about $132,676 at 4% or $88,451 at 6%; with 100% employer match about $99,507 at 4% or $66,338 at 6%. |
| 2007 | 1 | 12 | $0 | $0 | - |
| SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST | - | 12 | - | - | - |