South Carolina Bankers Employee Benefit Trust — Form 5500 plan (Anderson Brothers Bank, 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, South Carolina Bankers Employee Benefit Trust is a benefit plan reported by Anderson Brothers Bank, Inc. under EIN 57-0115230 and plan number 503. The latest loaded filing year is 2023. The filing reports 340 participants and $1,147,254 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Anderson Brothers Bank, Inc.
- EIN
- 57-0115230
- Plan number
- 503
- Plan type
- 2
- Location
- Mullins, SC
- Latest filing year
- 2023
- Participants
- 340
- End-of-year plan assets
- $1,147,254
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 340 | H, C | 20250812133432NAL0004354451003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,147,254
- Total liabilities (EOY)
- $295,358
- Net assets (EOY)
- $851,896
- Net assets (BOY)
- $1,511,838
Income & contributions
- Employer contributions
- $3,471,437
- Total contributions
- $3,471,437
- Total income / additions
- $3,516,158
Expenses & distributions
- Benefits paid
- $3,932,685
- Administrative expenses
- $243,415
- Total expenses
- $4,176,100
- Net increase / (decrease)
- -$659,942
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield | NONE | $179,481 | not reported in the loaded dataset | 2023 |
| Hub International | NONE | $8,818 | not reported in the loaded dataset | 2023 |
| The Benefit Company | ADMINISTRATOR | $7,745 | not reported in the loaded dataset | 2023 |
| J.W. Hunt And Company Llp | NONE | $5,455 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Anderson Brothers Bank, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Mullins, SC
- Blue Cross Blue Shield — Schedule C compensation
- Hub International — Schedule C compensation
- The Benefit Company — Schedule C compensation
- J.W. Hunt And Company Llp — Schedule C compensation