2023 Form 5500 filing — Security Bancshares Inc Employee Stock Ownership Plan With 401k Provisions

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240404173353NAL0008967139001) for Security Bancshares Inc Employee Stock Ownership Plan With 401k Provisions, reported by Security Bancshares Inc under EIN 48-1035227 and plan number 001. It reports 119 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$21.3MReported net assets$21,287,383
Participants119
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240404173353NAL0008967139001
Plan sponsor
Security Bancshares Inc
EIN
48-1035227
Plan number
001
Location
Scott City, KS
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$21.3M total assets
Net assets$21.3MLiabilities
Money in vs. money out
Total income / additions$3.4M
Total expenses$389.7K
Benefits paid / distributions$389.7K
Contributions
Employer$319.2K
Participant$469.4K
Full reported line items
Total assets (EOY)
$21,287,383
Net assets (EOY)
$21,287,383
Employer contributions
$319,234
Participant contributions
$469,414
Total income / additions
$3,386,062
Benefits paid
$389,714
Total expenses
$389,714
Net increase / (decrease)
$2,996,348

Related Form 5500 pages