South Carolina Bankers Employee Benefit Trust — Form 5500 plan (Anderson Brothers Bank, 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, South Carolina Bankers Employee Benefit Trust is a benefit plan reported by Anderson Brothers Bank, Inc. under EIN 57-0115230 and plan number 503. The latest loaded filing year is 2023. The filing reports 340 participants and $1,147,254 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$851.9KPlan net assets, end of year$851,896
Participants340Covered participants reported
Assets / participant$3.4KComputed: assets ÷ participants$3,374 (computed)
Provider compensation$201.5K4 Schedule C provider row(s)$201,499
- Plan sponsor
- Anderson Brothers Bank, Inc.
- EIN
- 57-0115230
- Plan number
- 503
- Plan type
- 2
- Location
- Mullins, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 340 | H, C | 20250812133432NAL0004354451003 |
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)$1.1M total assets
Net assets$851.9KLiabilities$295.4K
Full reported line items
Net assets
- Total assets (EOY)
- $1,147,254
- Total liabilities (EOY)
- $295,358
- Net assets (EOY)
- $851,896
- Net assets (BOY)
- $1,511,838
Income & contributions
- Employer contributions
- $3,471,437
- Total contributions
- $3,471,437
- Total income / additions
- $3,516,158
Expenses & distributions
- Benefits paid
- $3,932,685
- Administrative expenses
- $243,415
- Total expenses
- $4,176,100
- Net increase / (decrease)
- -$659,942
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.
Total expenses ÷ net assets490%Computed ratio
Benefits paid ÷ total income112%Computed ratio
Provider comp. ÷ net assets24%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield | NONE | $179,481 | not reported in the loaded dataset | 2023 |
| Hub International | NONE | $8,818 | not reported in the loaded dataset | 2023 |
| The Benefit Company | ADMINISTRATOR | $7,745 | not reported in the loaded dataset | 2023 |
| J.W. Hunt And Company Llp | NONE | $5,455 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Anderson Brothers Bank, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Mullins, SC
- Blue Cross Blue Shield — Schedule C compensation
- Hub International — Schedule C compensation
- The Benefit Company — Schedule C compensation
- J.W. Hunt And Company Llp — Schedule C compensation