2023 Form 5500 filing — Security First Bank 401(K) Plan
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 20240822143315NAL0009198960001) for Security First Bank 401(K) Plan, reported by Security First Bank under EIN 47-0299375 and plan number 001. It reports 374 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240822143315NAL0009198960001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Security First Bank
- EIN
- 47-0299375
- Plan number
- 001
- Location
- Rapid City, SD
- Participants
- 374
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,909,661
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,909,661
- Employer contributions
- $467,825
- Participant contributions
- $1,261,168
- Total income / additions
- $5,735,330
- Benefits paid
- $2,359,566
- Administrative expenses
- $66,515
- Total expenses
- $2,426,081
- Net increase / (decrease)
- $3,309,249
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Creative Planning Inc. | N/A | $62,224 | not reported in the loaded dataset |