How many benefit plans does The Southern Banc Company, Inc. report on Form 5500?

The Southern Banc Company, Inc. (EIN 63-1146351) reports 1 benefit plan(s) in the loaded Form 5500 dataset.

What is the EIN for The Southern Banc Company, Inc.?

The Employer Identification Number (EIN) reported for The Southern Banc Company, Inc. is 63-1146351.

What is the latest Form 5500 filing year for The Southern Banc Company, Inc.?

The latest loaded Form 5500 filing year for The Southern Banc Company, Inc. is 2023.

The Southern Banc Company, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, The Southern Banc Company, Inc. (EIN 63-1146351) is a plan sponsor located in Gadsden, AL with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN: 63-1146351
Location: Gadsden, AL
Loaded plans: 1
Latest filing year: 2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for The Southern Banc Company, Inc.

1 loaded plans hold $290.8K in reported assets.
The largest, The Southern Banc Company, Inc. Employee Stock Ownership Plan, holds 100% of this company's reported plan assets.
Plans cover 26 reported participants.
1 of 1 plans report full financial statements.

Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$290.1KSummed across loaded plans$290,125

Total reported assets$290.8K$290,824

Total reported participants26

Total reported liabilities$699

Reported net position

Reported assets = net assets + liabilities (summed)$290.8K total assets

Net assets$290.1KLiabilities$699

Contributions & income

Total income / additions$8.3K

Expenses & distributions

Benefits paid / distributions$26.5K

Total expenses$26.5K

Net increase / (decrease)-$18.2K

Data coverage

Plans with financial statements1 / 1 (100%)

Plans with provider compensation0 / 1 ()

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%The Southern Banc Company, Inc. Employee Stock Ownership Plan

Participants per plan26Average across loaded plans

Loaded plans1

Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

1
The Southern Banc Company, Inc. Employee Stock Ownership Plan$290.8K
Plan #001 · 26 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for The Southern Banc Company, Inc.. Open one for its full reported snapshot.

2023
The Southern Banc Company, Inc. Employee Stock Ownership Plan26 participants · 2Sch I
View filing →

What to inspect next

Frequently asked questions

How many benefit plans does The Southern Banc Company, Inc. report on Form 5500?: The Southern Banc Company, Inc. (EIN 63-1146351) reports 1 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for The Southern Banc Company, Inc.?: The Employer Identification Number (EIN) reported for The Southern Banc Company, Inc. is 63-1146351.
What is the latest Form 5500 filing year for The Southern Banc Company, Inc.?: The latest loaded Form 5500 filing year for The Southern Banc Company, Inc. is 2023.