2023 Form 5500 filing — Southern Community Bancshares, Inc. Esop
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 20240529143242NAL0006273763001) for Southern Community Bancshares, Inc. Esop, reported by Southern Community Bancshares, Inc. under EIN 63-1176408 and plan number 001. It reports 14 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$2.1MReported net assets$2,143,614
Participants14
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
- EFAST2 acknowledgement
- 20240529143242NAL0006273763001
- Plan sponsor
- Southern Community Bancshares, Inc.
- EIN
- 63-1176408
- Plan number
- 001
- Location
- Cullman, AL
- Received date
- not reported in the loaded dataset
How to read this filing
- This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
- Schedule chips (Sch H / I / C) show which schedules this filing includes.
- Net assets = total assets minus total liabilities (Schedule H/I).
- Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
- For the plan's full history, open the plan profile.
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)$2.1M total assets
Net assets$2.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $2,143,614
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,143,614
- Employer contributions
- $0
- Participant contributions
- $0
- Total income / additions
- -$1,026,359
- Benefits paid
- $28,262
- Administrative expenses
- $0
- Total expenses
- $28,667
- Net increase / (decrease)
- -$1,055,026
Frequently asked questions
- What does EFAST2 acknowledgement 20240529143242NAL0006273763001 cover?
- It is the 2023 Form 5500 filing for Southern Community Bancshares, Inc. Esop, reported by Southern Community Bancshares, Inc. (EIN 63-1176408).
- Which Form 5500 schedules are attached to this 2023 filing?
- Attached schedules in the loaded dataset include Schedule I (small plan financials).