2023 Form 5500 filing — The Southern Banc Company, Inc. Employee Stock Ownership Plan
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 20240719165329NAL0007245409001) for The Southern Banc Company, Inc. Employee Stock Ownership Plan, reported by The Southern Banc Company, Inc. under EIN 63-1146351 and plan number 001. It reports 26 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$290.1KReported net assets$290,125
Participants26
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
- EFAST2 acknowledgement
- 20240719165329NAL0007245409001
- Plan sponsor
- The Southern Banc Company, Inc.
- EIN
- 63-1146351
- Plan number
- 001
- Location
- Gadsden, 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)$290.8K total assets
Net assets$290.1KLiabilities$699
Full reported line items
- Total assets (EOY)
- $290,824
- Total liabilities (EOY)
- $699
- Net assets (EOY)
- $290,125
- Total income / additions
- $8,306
- Benefits paid
- $26,503
- Total expenses
- $26,503
- Net increase / (decrease)
- -$18,197
Frequently asked questions
- What does EFAST2 acknowledgement 20240719165329NAL0007245409001 cover?
- It is the 2023 Form 5500 filing for The Southern Banc Company, Inc. Employee Stock Ownership Plan, reported by The Southern Banc Company, Inc. (EIN 63-1146351).
- Which Form 5500 schedules are attached to this 2023 filing?
- Attached schedules in the loaded dataset include Schedule I (small plan financials).