2023 Form 5500 filing — Southside Bancshares, Inc. Employee Stock Ownership 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 20241004163743NAL0006857283001) for Southside Bancshares, Inc. Employee Stock Ownership Plan, reported by Southside Bancshares, Inc. under EIN 75-1848732 and plan number 003. It reports 798 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials).

EFAST2 acknowledgement
20241004163743NAL0006857283001
Filing year
2023
Form type
2
Plan sponsor
Southside Bancshares, Inc.
EIN
75-1848732
Plan number
003
Location
Tyler, TX
Participants
798
Schedules available
Schedule H
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$11,987,887
Total liabilities (EOY)
$0
Net assets (EOY)
$11,987,887
Employer contributions
$1,000,000
Total income / additions
-$244,462
Benefits paid
$1,211,122
Administrative expenses
$3,532
Total expenses
$1,214,654
Net increase / (decrease)
-$1,459,116
Schedule source
Schedule H

Related Form 5500 pages