2023 Form 5500 filing — Security Bancorp Of Tennessee Safe Harbor 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 20241009061854NAL0010396691001) for Security Bancorp Of Tennessee Safe Harbor 401(K) Profit Sharing Plan, reported by Security Bancorp Of Tennessee, Inc. under EIN 62-1261509 and plan number 002. It reports 175 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)$19.4MReported net assets$19,442,902
Participants175
Provider compensation$36.2K1 Schedule C row(s)$36,164
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009061854NAL0010396691001
Plan sponsor
Security Bancorp Of Tennessee, Inc.
EIN
62-1261509
Plan number
002
Location
Halls, TN
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 H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19.4M total assets
Net assets$19.4MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$3.2M
Benefits paid / distributions$3.2M
Contributions
Employer$277K
Participant$284.3K
Full reported line items
Total assets (EOY)
$19,442,902
Total liabilities (EOY)
$0
Net assets (EOY)
$19,442,902
Employer contributions
$277,029
Participant contributions
$284,332
Total income / additions
$2,759,440
Benefits paid
$3,238,997
Administrative expenses
-$9,220
Total expenses
$3,229,777
Net increase / (decrease)
-$470,337
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    BROKER/ADVISOR · Direct $0 · Indirect $36.2K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241009061854NAL0010396691001 cover?
It is the 2023 Form 5500 filing for Security Bancorp Of Tennessee Safe Harbor 401(K) Profit Sharing Plan, reported by Security Bancorp Of Tennessee, Inc. (EIN 62-1261509).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages