Security State Bancshares, Inc. 401(K) Plan — Form 5500 plan (Security State Bancshares, 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, Security State Bancshares, Inc. 401(K) Plan is a benefit plan reported by Security State Bancshares, Inc. under EIN 62-1421082 and plan number 002. The latest loaded filing year is 2023. The filing reports 240 participants and $15,147,881 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Security State Bancshares, Inc.
EIN
62-1421082
Plan number
002
Plan type
2
Location
Charleston, MO
Latest filing year
2023
Participants
240
End-of-year plan assets
$15,147,881

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023240H, C20241004113413NAL0005658579001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,147,881
Total liabilities (EOY)
$0
Net assets (EOY)
$15,147,881
Net assets (BOY)
$13,222,014

Income & contributions

Employer contributions
$510,286
Participant contributions
$606,035
Total contributions
$1,144,726
Total income / additions
$3,036,655

Expenses & distributions

Benefits paid
$1,014,854
Administrative expenses
$95,934
Total expenses
$1,110,788
Net increase / (decrease)
$1,925,867

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$94,504$02023
Cetera Investment Advisers LLCINVESTMENT ADVISORY$0$52,1142023
Benefit Plans Plus LLCCONTRACT ADMINISTRATOR$1,525$4,1382023

Related Form 5500 pages