Southside Bancshares, Inc. Employee Stock Ownership Plan — Form 5500 plan (Southside 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, Southside Bancshares, Inc. Employee Stock Ownership Plan is a benefit plan reported by Southside Bancshares, Inc. under EIN 75-1848732 and plan number 003. The latest loaded filing year is 2023. The filing reports 798 participants and $11,987,887 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southside Bancshares, Inc.
- EIN
- 75-1848732
- Plan number
- 003
- Plan type
- 2
- Location
- Tyler, TX
- Latest filing year
- 2023
- Participants
- 798
- End-of-year plan assets
- $11,987,887
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 798 | H | 20241004163743NAL0006857283001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,987,887
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,987,887
- Net assets (BOY)
- $13,447,003
Income & contributions
- Employer contributions
- $1,000,000
- Total contributions
- $1,000,000
- Total income / additions
- -$244,462
Expenses & distributions
- Benefits paid
- $1,211,122
- Administrative expenses
- $3,532
- Total expenses
- $1,214,654
- Net increase / (decrease)
- -$1,459,116
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.