First Security Bank 401(K) Profit Sharing Plan — Form 5500 plan (First Security 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, First Security Bank 401(K) Profit Sharing Plan is a benefit plan reported by First Security Bank under EIN 64-0322079 and plan number 003. The latest loaded filing year is 2023. The filing reports 270 participants and $20,733,389 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- First Security Bank
- EIN
- 64-0322079
- Plan number
- 003
- Plan type
- 2
- Location
- Batesville, MS
- Latest filing year
- 2023
- Participants
- 270
- End-of-year plan assets
- $20,733,389
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 270 | H, C | 20241015091910NAL0014299427001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,733,389
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,733,389
- Net assets (BOY)
- $17,275,930
Income & contributions
- Employer contributions
- $507,666
- Participant contributions
- $559,968
- Total contributions
- $1,791,442
- Total income / additions
- $3,760,723
Expenses & distributions
- Benefits paid
- $258,473
- Administrative expenses
- $44,791
- Total expenses
- $303,264
- Net increase / (decrease)
- $3,457,459
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sjs Investment Services | NONE | $44,791 | not reported in the loaded dataset | 2023 |