South Community Inc. 401(K) Retirement Plan — Form 5500 plan (South Community Inc.)
Plain-English plan 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, South Community Inc. 401(K) Retirement Plan is a benefit plan reported by South Community Inc. under EIN 31-0840585 and plan number 001. The latest loaded filing year is 2023. The filing reports 416 participants and $18,375,393 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- South Community Inc.
- EIN
- 31-0840585
- Plan number
- 001
- Plan type
- 2
- Location
- Moraine, OH
- Latest filing year
- 2023
- Participants
- 416
- End-of-year plan assets
- $18,375,393
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 416 | H, C | 20250414132832NAL0000760243001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,375,393
- Total liabilities (EOY)
- $24,437
- Net assets (EOY)
- $18,350,956
- Net assets (BOY)
- $16,069,530
Income & contributions
- Employer contributions
- $349,048
- Participant contributions
- $1,179,928
- Total contributions
- $1,540,459
- Total income / additions
- $3,786,428
Expenses & distributions
- Benefits paid
- $1,391,174
- Administrative expenses
- $113,828
- Total expenses
- $1,505,002
- Net increase / (decrease)
- $2,281,426
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $73,092 | $9,912 | 2023 |
| Horan Securities, Inc. | NONE | $40,736 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | NONE | $0 | $5,502 | 2023 |