First Security Bank Employee Stock Ownership Plan — Form 5500 plan (First Security 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, First Security Bank Employee Stock Ownership Plan is a benefit plan reported by First Security Bank under EIN 64-0322079 and plan number 002. The latest loaded filing year is 2023. The filing reports 295 participants and $18,512,656 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Security Bank
EIN
64-0322079
Plan number
002
Plan type
2
Location
Batesville, MS
Latest filing year
2023
Participants
295
End-of-year plan assets
$18,512,656

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023295H20240927161428NAL0001183107001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,512,656
Total liabilities (EOY)
$0
Net assets (EOY)
$18,512,656
Net assets (BOY)
$17,818,045

Income & contributions

Employer contributions
$426,358
Participant contributions
$0
Total contributions
$426,358
Total income / additions
$1,749,260

Expenses & distributions

Benefits paid
$1,054,649
Administrative expenses
$0
Total expenses
$1,054,649
Net increase / (decrease)
$694,611

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages