Have the same suspicion as Hondaman. Have to correct his typo's however,
The 500 and 550K bikes had 90 mainjets with the needle in notch 3 for the 500 and 4 for the 550, on the same carbs. This became the 100 mainjet in the later PD-style carbs for the 550F bikes, but that's about all the richness the intake valve can cope with.
Read: The 500 and 550K bikes had #100 mainjets with the needle in notch 3 for the 500 and 4 for the 550, on the same type of carbs. This became the #98 mainjet for all CB550F (also known als Super Sport) models.
Carbs 627B (on: CB500, CB500K1, CB500K2), 649A (on: CB500K2 [ED,G], 022A (on: CB550K, CB550K1), 087A (on: CB550K2) all share the same needle set (needle and tube) parts no. 16012-323-004. Needles have stamped on number 272304. Needle position differs. As said, standard was: 3rd for CB500 models, 4th for CB550K models.
Carbs 069A (on: all CB550F models) have needle set 16012-390-004. Needles have stamped on number 273004.
Needle sets 16012-323-004 and 16012-390-004
do differ, both needles (different taper) as well as holes in the tubes (in metric it's Ø 0,9 for the 16012-323-004 set and Ø 0,7 for the 16012-390-004 set).
Again, not even Honda is perfect. It's my believe they made a mistake on p 165. of the Honda Shop Manual 500-550. That 'CB500' over the left column is a typo as I see it. It should have been 550. My believe is this mistake is copied over and over again.
Note: Above information concerns old style Keihins only.
In the later much different PD-style carbs for the CB500K3/550K3/K4 (4-4 exhaust) models we find different shaped mainjets #90.
If you think this is already an unbearable load of info, realise we haven't even discussed the different shaped airscrews...
Matte Black, don't despair. All the above does not automatically imply your bike can't run well with a 069A set. Differences are small but... 120 main jets is way too much. Could it be you were tempted by a poor fuel supply or malfunctioning floatvalves? Have you checked for a good fuel route, not hindered by any kinks or inline fuel filters? Fuellines should be 17 and 28 cm in length. Ideal diameter is Ø 5,5 mm.