Southern Illinois Bancorp, Inc. 401(K) Plan — Form 5500 plan (Southern Illinois Bancorp, Inc.)
Plain-English plan 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, Southern Illinois Bancorp, Inc. 401(K) Plan is a benefit plan reported by Southern Illinois Bancorp, Inc. under EIN 37-0206222 and plan number 002. The latest loaded filing year is 2023. The filing reports 162 participants and $8,509,676 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.5MPlan net assets, end of year$8,509,676
Participants162Covered participants reported
Assets / participant$52.5KComputed: assets ÷ participants$52,529 (computed)
Provider compensation$2.5K1 Schedule C provider row(s)$2,521
- Plan sponsor
- Southern Illinois Bancorp, Inc.
- EIN
- 37-0206222
- Plan number
- 002
- Plan type
- 2
- Location
- Carmi, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 162 | H, C | 20240626090048NAL0018011346001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$8.5M total assets
Net assets$8.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,509,676
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,509,676
- Net assets (BOY)
- $8,021,418
Income & contributions
- Employer contributions
- $135,724
- Participant contributions
- $463,119
- Total contributions
- $611,272
- Total income / additions
- $1,961,430
Expenses & distributions
- Benefits paid
- $1,470,651
- Administrative expenses
- $2,521
- Total expenses
- $1,473,172
- Net increase / (decrease)
- $488,258
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
23%77%
Employer 23%Participant 77%
Total expenses ÷ net assets17%Computed ratio
Benefits paid ÷ total income75%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $2,521 | $0 | 2023 |