2023 Form 5500 filing — Security Financial Bank 401(K) Savings 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 20240917111050NAL0002697601001) for Security Financial Bank 401(K) Savings Plan, reported by Security Financial Bank under EIN 39-0605225 and plan number 002. It reports 178 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917111050NAL0002697601001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Security Financial Bank
- EIN
- 39-0605225
- Plan number
- 002
- Location
- Eau Claire, WI
- Participants
- 178
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,569,267
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,569,267
- Employer contributions
- $373,940
- Participant contributions
- $659,023
- Total income / additions
- $2,798,688
- Benefits paid
- $1,490,809
- Administrative expenses
- $45,057
- Total expenses
- $1,535,866
- Net increase / (decrease)
- $1,262,822
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Orgel Wealth Management, LLC | INVESTMENT ADVISOR | $37,697 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $7,360 | $0 |