Sb Financial Group Employee Stock Ownership Plan — Form 5500 plan (Sb Financial Group)
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, Sb Financial Group Employee Stock Ownership Plan is a benefit plan reported by Sb Financial Group under EIN 34-1395608 and plan number 002. The latest loaded filing year is 2023. The filing reports 365 participants and $5,124,276 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sb Financial Group
- EIN
- 34-1395608
- Plan number
- 002
- Plan type
- 2
- Location
- Defiance, OH
- Latest filing year
- 2023
- Participants
- 365
- End-of-year plan assets
- $5,124,276
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 365 | H, C | 20240729070831NAL0029435520001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,124,276
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,124,276
- Net assets (BOY)
- $6,306,224
Income & contributions
- Employer contributions
- $100,000
- Total contributions
- $100,000
- Total income / additions
- -$437,968
Expenses & distributions
- Benefits paid
- $680,123
- Administrative expenses
- $15,507
- Total expenses
- $695,630
- Net increase / (decrease)
- -$1,133,598
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| State Bank And Trust Company | NONE | $13,622 | not reported in the loaded dataset | 2023 |