2023 Form 5500 filing — First Security Bank 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 20241015091910NAL0014299427001) for First Security Bank 401(K) Profit Sharing Plan, reported by First Security Bank under EIN 64-0322079 and plan number 003. It reports 270 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)$20.7MReported net assets$20,733,389
Participants270
Provider compensation$44.8K1 Schedule C row(s)$44,791
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015091910NAL0014299427001
Plan sponsor
First Security Bank
EIN
64-0322079
Plan number
003
Location
Batesville, MS
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)$20.7M total assets
Net assets$20.7MLiabilities$0
Money in vs. money out
Total income / additions$3.8M
Total expenses$303.3K
Benefits paid / distributions$258.5K
Contributions
Employer$507.7K
Participant$560K
Full reported line items
Total assets (EOY)
$20,733,389
Total liabilities (EOY)
$0
Net assets (EOY)
$20,733,389
Employer contributions
$507,666
Participant contributions
$559,968
Total income / additions
$3,760,723
Benefits paid
$258,473
Administrative expenses
$44,791
Total expenses
$303,264
Net increase / (decrease)
$3,457,459

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Sjs Investment ServicesNONE$44,791not reported in the loaded dataset

Related Form 5500 pages