Southern Illinois Bancorp, Inc. Employees Stock Ownership Plan — Form 5500 plan (Southern Illinois Bancorp, 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, Southern Illinois Bancorp, Inc. Employees Stock Ownership Plan is a benefit plan reported by Southern Illinois Bancorp, Inc. under EIN 37-0206222 and plan number 001. The latest loaded filing year is 2023. The filing reports 128 participants and $9,412,591 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.4MPlan net assets, end of year$9,412,591
Participants128Covered participants reported
Assets / participant$73.5KComputed: assets ÷ participants$73,536 (computed)
Provider compensationNone reported
Plan sponsor
Southern Illinois Bancorp, Inc.
EIN
37-0206222
Plan number
001
Plan type
2
Location
Carmi, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023128H20240626082343NAL0011898496001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9.4M total assets
Net assets$9.4MLiabilities
Money in vs. money out
Total income / additions$1.1M
Total expenses$169.3K
Benefits paid / distributions$169.3K
Contributions
Employer$471.3K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$9,412,591
Net assets (EOY)
$9,412,591
Net assets (BOY)
$8,444,874

Income & contributions

Employer contributions
$471,317
Total contributions
$471,317
Total income / additions
$1,137,005

Expenses & distributions

Benefits paid
$169,288
Total expenses
$169,288
Net increase / (decrease)
$967,717
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets2%Computed ratio
Benefits paid ÷ total income15%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages