Southern Bank 401(K) Retirement Plan — Form 5500 plan (Southern Bank)
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 Bank 401(K) Retirement Plan is a benefit plan reported by Southern Bank under EIN 43-0462350 and plan number 001. The latest loaded filing year is 2023. The filing reports 647 participants and $57,578,586 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southern Bank
- EIN
- 43-0462350
- Plan number
- 001
- Plan type
- 2
- Location
- Poplar Bluff, MO
- Latest filing year
- 2023
- Participants
- 647
- End-of-year plan assets
- $57,578,586
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 647 | H, C | 20241210154028NAL0012018289001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $57,578,586
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,578,586
- Net assets (BOY)
- $47,559,216
Income & contributions
- Employer contributions
- $2,493,423
- Participant contributions
- $1,950,875
- Total contributions
- $4,593,962
- Total income / additions
- $13,635,135
Expenses & distributions
- Benefits paid
- $3,607,377
- Administrative expenses
- $8,388
- Total expenses
- $3,615,765
- Net increase / (decrease)
- $10,019,370
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $8,388 | $0 | 2023 |