Security Bancshares Inc Employee Stock Ownership Plan With 401k Provisions — Form 5500 plan (Security Bancshares 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, Security Bancshares Inc Employee Stock Ownership Plan With 401k Provisions is a benefit plan reported by Security Bancshares Inc under EIN 48-1035227 and plan number 001. The latest loaded filing year is 2023. The filing reports 119 participants and $21,287,383 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Security Bancshares Inc
- EIN
- 48-1035227
- Plan number
- 001
- Plan type
- 2
- Location
- Scott City, KS
- Latest filing year
- 2023
- Participants
- 119
- End-of-year plan assets
- $21,287,383
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 119 | I | 20240404173353NAL0008967139001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $21,287,383
- Net assets (EOY)
- $21,287,383
- Net assets (BOY)
- $17,800,055
Income & contributions
- Employer contributions
- $319,234
- Participant contributions
- $469,414
- Total income / additions
- $3,386,062
Expenses & distributions
- Benefits paid
- $389,714
- Total expenses
- $389,714
- Net increase / (decrease)
- $2,996,348
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.