Southern National Banks, Inc.401(k)

Southern National Banks, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,871,664 across 98 participant accounts, with employer contributions averaging $2,466 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is the 1,602nd-largest of 3,644 plans among Florida employers on file, and 534th of 786 in management of companies. In 2022, employees put in $2.38 for every $1.00 the employer contributed.