Southeastern Banking Corporation Group Profit Sharing Plan And Trust — Form 5500 plan (Southeastern Bank)
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, Southeastern Banking Corporation Group Profit Sharing Plan And Trust is a benefit plan reported by Southeastern Bank under EIN 58-0214350 and plan number 001. The latest loaded filing year is 2023. The filing reports 170 participants and $17,836,054 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southeastern Bank
- EIN
- 58-0214350
- Plan number
- 001
- Plan type
- 2
- Location
- Darien, GA
- Latest filing year
- 2023
- Participants
- 170
- End-of-year plan assets
- $17,836,054
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 170 | H, C | 20250501171246NAL0007442898001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,836,054
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,836,054
- Net assets (BOY)
- $15,030,125
Income & contributions
- Employer contributions
- $471,473
- Participant contributions
- $472,738
- Total contributions
- $1,001,362
- Total income / additions
- $3,353,927
Expenses & distributions
- Benefits paid
- $502,624
- Administrative expenses
- $45,374
- Total expenses
- $547,998
- Net increase / (decrease)
- $2,805,929
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $28,758 | $0 | 2023 |
| One Digital Topco LLC Dba Resources | INVESTMENT ADVISOR | $16,616 | not reported in the loaded dataset | 2023 |