2023 Form 5500 filing — Security State Bank & Trust 401(K) & Profit Sharing 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 20240825121011NAL0004831763001) for Security State Bank & Trust 401(K) & Profit Sharing Plan, reported by Security State Bank & Trust under EIN 74-0890992 and plan number 002. It reports 324 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240825121011NAL0004831763001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Security State Bank & Trust
- EIN
- 74-0890992
- Plan number
- 002
- Location
- Fredericksburg, TX
- Participants
- 324
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,577,431
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,577,431
- Employer contributions
- $1,242,891
- Participant contributions
- $1,276,746
- Total income / additions
- $6,371,423
- Benefits paid
- $4,268,991
- Administrative expenses
- $149,788
- Total expenses
- $4,418,779
- Net increase / (decrease)
- $1,952,644
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Captrust Investment Advisors | INVESTMENT ADVISOR | $90,589 | not reported in the loaded dataset |
| Milliman, Inc. | NONE | $37,394 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | AUDITOR | $18,223 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |