Security 401(K) Profit-Sharing And Savings Plan — Form 5500 plan (Security Finance Corporation Of Spartanburg)

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 401(K) Profit-Sharing And Savings Plan is a benefit plan reported by Security Finance Corporation Of Spartanburg under EIN 57-0359683 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,112 participants and $102,217,377 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Security Finance Corporation Of Spartanburg
EIN
57-0359683
Plan number
001
Plan type
2
Location
Spartanburg, SC
Latest filing year
2023
Participants
2,112
End-of-year plan assets
$102,217,377

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,112H, C20241007124944NAL0016072769001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$102,217,377
Total liabilities (EOY)
$2,810
Net assets (EOY)
$102,214,567
Net assets (BOY)
$85,969,283

Income & contributions

Employer contributions
$2,940,984
Participant contributions
$4,013,076
Total contributions
$7,390,746
Total income / additions
$25,187,479

Expenses & distributions

Benefits paid
$8,925,834
Administrative expenses
$16,361
Total expenses
$8,942,195
Net increase / (decrease)
$16,245,284

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services IncNONE$16,361not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$0$02023

Related Form 5500 pages