Sabine Bancshares, Inc. 401(K) Plan — Form 5500 plan (Sabine, 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, Sabine Bancshares, Inc. 401(K) Plan is a benefit plan reported by Sabine, Bancshares, Inc. under EIN 72-0959138 and plan number 001. The latest loaded filing year is 2023. The filing reports 532 participants and $19,096,589 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Sabine, Bancshares, Inc.
EIN
72-0959138
Plan number
001
Plan type
2
Location
Many, LA
Latest filing year
2023
Participants
532
End-of-year plan assets
$19,096,589

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023532H, C20241014132531NAL0044634320001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,096,589
Total liabilities (EOY)
$0
Net assets (EOY)
$19,096,589
Net assets (BOY)
$15,843,060

Income & contributions

Employer contributions
$727,609
Participant contributions
$621,770
Total contributions
$1,350,698
Total income / additions
$3,920,730

Expenses & distributions

Benefits paid
$656,366
Administrative expenses
$10,835
Total expenses
$667,201
Net increase / (decrease)
$3,253,529

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ameritas Life Insurance CompanyBUNDLED RECORDKEEPER$10,835$02023

Related Form 5500 pages