South Carolina Bankers Employee Benefit Trust — Form 5500 plan (Trustees In Their Capacity As Such Of South Carolina Bankers Employee)
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 Trustees In Their Capacity As Such Of South Carolina Bankers Employee under EIN 57-0741877 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,390 participants and $4,676,941 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees In Their Capacity As Such Of South Carolina Bankers Employee
- EIN
- 57-0741877
- Plan number
- 501
- Plan type
- 3
- Location
- Chapin, SC
- Latest filing year
- 2023
- Participants
- 1,390
- End-of-year plan assets
- $4,676,941
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,390 | H, C | 20240730133008NAL0043874834002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,676,941
- Total liabilities (EOY)
- $1,204,068
- Net assets (EOY)
- $3,472,873
- Net assets (BOY)
- $6,175,808
Income & contributions
- Employer contributions
- $14,146,125
- Total contributions
- $14,146,125
- Total income / additions
- $14,328,363
Expenses & distributions
- Benefits paid
- $16,038,582
- Administrative expenses
- $992,716
- Total expenses
- $17,031,298
- Net increase / (decrease)
- -$2,702,935
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Sc | NONE | $750,925 | $0 | 2023 |
| Hub International Carolinas | NONE | $36,890 | not reported in the loaded dataset | 2023 |
| The Benefit Company Inc | NONE | $32,406 | not reported in the loaded dataset | 2023 |
| J.W. Hunt And Company Llp | NONE | $22,694 | not reported in the loaded dataset | 2023 |
| Nelson Mullins Riley & Scarborough | NONE | $10,270 | not reported in the loaded dataset | 2023 |
| Rch Benefits Advisors LLC | NONE | $7,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees In Their Capacity As Such Of South Carolina Bankers Employee
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Chapin, SC
- Blue Cross Blue Shield Of Sc — Schedule C compensation
- Hub International Carolinas — Schedule C compensation
- The Benefit Company Inc — Schedule C compensation
- J.W. Hunt And Company Llp — Schedule C compensation
- Nelson Mullins Riley & Scarborough — Schedule C compensation
- Rch Benefits Advisors LLC — Schedule C compensation