South Atlantic Services, Inc. 401(k) Plan: Login, Facts & Contact Information

South Atlantic Services, Inc. 401(k) Plan Facts

Plan name
SOUTH ATLANTIC SERVICES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTH ATLANTIC SERVICES, INC.
Participants
354 (283 active employees)
Former employees with a balance
20
Plan assets
$17,783,922 at Dec 31, 2024
Average account balance
$59,879 across 297 accounts
Employer contributions
$578,515 in plan year 2024 (34% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1991
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants— Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.69 million went into the plan in contributions, $578,515 of it from the employer (34%).
  • $980,854 was paid out to participants.
  • Investment and other income added $2.08 million.
  • Administrative expenses were $58,472, about $197 per account.

How the South Atlantic Services, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019302$13.5 million$449,166$1.36 million
2020303$14.4 million$514,773$2.07 million
2021271$15.0 million$475,525$2.79 million
2022310$13.0 million$487,493$795,489
2023328$15.1 million$533,948$1.50 million
2024354$17.8 million$578,515$980,854

South Atlantic Services, Inc. 401(k) Contact Information

Phone
910-763-3496
Mailing address
P O BOX 1886, WILMINGTON NC 28402
Plan sponsor
SOUTH ATLANTIC SERVICES, INC.
Employer identification number (EIN)
56-0956028
Plan number
003

Questions about the South Atlantic Services, Inc. 401(k)

Does South Atlantic Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $578,515, 34% of all contributions.

Does the South Atlantic Services, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the South Atlantic Services, Inc 401(k) plan?

354 participants at the start of plan year 2024, 283 of them active employees, and 20 former employees who still had money in the plan.

What is the average 401(k) balance at South Atlantic Services, Inc?

About $59,879 per account: $17.8 million in plan assets across 297 accounts with a balance at the end of plan year 2024.

Who manages the South Atlantic Services, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at South Atlantic Services, Inc. How do I access my 401(k)?

Your account stays with Transamerica after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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