2023 Form 5500 filing — Security 401(K) Profit-Sharing And 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 20241007124944NAL0016072769001) for Security 401(K) Profit-Sharing And Savings Plan, reported by Security Finance Corporation Of Spartanburg under EIN 57-0359683 and plan number 001. It reports 2,112 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007124944NAL0016072769001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Security Finance Corporation Of Spartanburg
- EIN
- 57-0359683
- Plan number
- 001
- Location
- Spartanburg, SC
- Participants
- 2,112
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $102,217,377
- Total liabilities (EOY)
- $2,810
- Net assets (EOY)
- $102,214,567
- Employer contributions
- $2,940,984
- Participant contributions
- $4,013,076
- Total income / additions
- $25,187,479
- Benefits paid
- $8,925,834
- Administrative expenses
- $16,361
- Total expenses
- $8,942,195
- Net increase / (decrease)
- $16,245,284
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services Inc | NONE | $16,361 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |