Coverage by line
Premium dollars by benefit type (bundled lines overlap)
- Dental$263K
- Life$263K
- Short-term disability$263K
- Long-term disability$263K
- Vision$15K
Sponsor portfolioTH
SOUTH ATLANTIC BANK
EIN 26-1366826bankingLatest filing 2025
Plans
2
Retirement
1
$23.6M assets
Welfare
1
$278K premiums
Participants
379
630 29TH AVE NORTH - MYRTLE BEACH, SC 29577843-839-5976southatlantic.bankLinkedIn51-200 employeesbanking
Plans on this EIN
2 filingsBenefits portfolio analytics
1 plan / $278K premiums / 296 covered livesCarrier market share
Premium dollars by Schedule A carrier
95%top
- PRINCIPAL LIFE INSURANCE COMPANY95%
- SUN LIFE ASSURANCE COMPANY OF CANADA5%
Broker market share
Schedule A broker compensation
59%top
- CAROLINA INSURANCE GROUP59%
- THE CASON GROUP INC38%
- REMEDY ADVISORS LLC4%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
SOUTH ATLANTIC BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN
ESOP
Assets$23.6M
Participants213
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#503
SOUTH ATLANTIC BANK HEALTH & WELFARE PLAN
Mixed - PRINCIPAL LIFE INSURANCE COMPANY
Premiums$278K
Covered lives296
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans1
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | SOUTH ATLANTIC BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN | ESOP | $23.6M | 213 | 2024 |
Welfare plans1
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 503 | SOUTH ATLANTIC BANK HEALTH & WELFARE PLAN | Mixed | PRINCIPAL LIFE INSURANCE COMPANY | $278K | 296 | 2025 |
Retirement plans
Welfare plans