2023 Form 5500 filing — Spencer County Bank Employees' Stock Ownership Plan & Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240326090051NAL0000391376001) for Spencer County Bank Employees' Stock Ownership Plan & Trust, reported by Spencer County Bank under EIN 35-0458660 and plan number 001. It reports 61 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$2.1MReported net assets$2,089,392
Participants61
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
- EFAST2 acknowledgement
- 20240326090051NAL0000391376001
- Plan sponsor
- Spencer County Bank
- EIN
- 35-0458660
- Plan number
- 001
- Location
- Santa Claus, IN
- Received date
- not reported in the loaded dataset
Schedule I · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$2.1M total assets
Net assets$2.1MLiabilities—
Full reported line items
- Total assets (EOY)
- $2,089,392
- Net assets (EOY)
- $2,089,392
- Employer contributions
- $85,000
- Total income / additions
- $146,780
- Benefits paid
- $214,755
- Total expenses
- $214,755
- Net increase / (decrease)
- -$67,975