2023 Form 5500 filing — Security Financial Bank 401(K) Savings 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 20240917111050NAL0002697601001) for Security Financial Bank 401(K) Savings Plan, reported by Security Financial Bank under EIN 39-0605225 and plan number 002. It reports 178 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)$13.6MReported net assets$13,569,267
Participants178
Provider compensation$45.1K2 Schedule C row(s)$45,057
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240917111050NAL0002697601001
- Plan sponsor
- Security Financial Bank
- EIN
- 39-0605225
- Plan number
- 002
- Location
- Eau Claire, WI
- 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)$13.6M total assets
Net assets$13.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $13,569,267
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,569,267
- Employer contributions
- $373,940
- Participant contributions
- $659,023
- Total income / additions
- $2,798,688
- Benefits paid
- $1,490,809
- Administrative expenses
- $45,057
- Total expenses
- $1,535,866
- Net increase / (decrease)
- $1,262,822
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Orgel Wealth Management, LLC | INVESTMENT ADVISOR | $37,697 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $7,360 | $0 |