Sb Financial Group 401(K) — 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 401(K) is a benefit plan reported by Sb Financial Group under EIN 34-1395608 and plan number 003. The latest loaded filing year is 2023. The filing reports 413 participants and $32,349,038 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
- 003
- Plan type
- 2
- Location
- Defiance, OH
- Latest filing year
- 2023
- Participants
- 413
- End-of-year plan assets
- $32,349,038
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 413 | H, C | 20240722154930NAL0010770865001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,349,038
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,349,038
- Net assets (BOY)
- $31,512,955
Income & contributions
- Employer contributions
- $623,674
- Participant contributions
- $1,283,681
- Total contributions
- $1,968,491
- Total income / additions
- $6,450,300
Expenses & distributions
- Benefits paid
- $5,575,998
- Administrative expenses
- $86,569
- Total expenses
- $5,662,567
- Net increase / (decrease)
- $787,733
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| State Bank And Trust Company | NONE | $82,497 | not reported in the loaded dataset | 2023 |
| Usi Consulting Group, Inc. | NONE | $4,072 | $0 | 2023 |