2023 Form 5500 filing — Southern First Bank 401(K) 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 20240822141427NAL0005205441001) for Southern First Bank 401(K) Plan, reported by Southern First Bank under EIN 56-2184826 and plan number 001. It reports 369 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$26.6MReported net assets$26,576,769
Participants369
Provider compensation$95.1K2 Schedule C row(s)$95,053
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240822141427NAL0005205441001
- Plan sponsor
- Southern First Bank
- EIN
- 56-2184826
- Plan number
- 001
- Location
- Greenville, SC
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$26.6M total assets
Net assets$26.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $26,576,769
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,576,769
- Employer contributions
- $1,137,958
- Participant contributions
- $2,326,099
- Total income / additions
- $8,175,780
- Benefits paid
- $2,183,756
- Administrative expenses
- $95,053
- Total expenses
- $2,278,809
- Net increase / (decrease)
- $5,896,971
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $49,466 | $0 |
| Capfinancial Partners LLC Dba Captr | INVESTMENT ADVISOR | $45,587 | not reported in the loaded dataset |