Security State Bank & Trust 401(K) & Profit Sharing Plan — Form 5500 plan (Security State Bank & Trust)
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 Bank & Trust 401(K) & Profit Sharing Plan is a benefit plan reported by Security State Bank & Trust under EIN 74-0890992 and plan number 002. The latest loaded filing year is 2023. The filing reports 324 participants and $27,577,431 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Security State Bank & Trust
- EIN
- 74-0890992
- Plan number
- 002
- Plan type
- 2
- Location
- Fredericksburg, TX
- Latest filing year
- 2023
- Participants
- 324
- End-of-year plan assets
- $27,577,431
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 324 | H, C | 20240825121011NAL0004831763001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,577,431
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,577,431
- Net assets (BOY)
- $25,624,787
Income & contributions
- Employer contributions
- $1,242,891
- Participant contributions
- $1,276,746
- Total contributions
- $2,519,637
- Total income / additions
- $6,371,423
Expenses & distributions
- Benefits paid
- $4,268,991
- Administrative expenses
- $149,788
- Total expenses
- $4,418,779
- Net increase / (decrease)
- $1,952,644
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Captrust Investment Advisors | INVESTMENT ADVISOR | $90,589 | not reported in the loaded dataset | 2023 |
| Milliman, Inc. | NONE | $37,394 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen Llp | AUDITOR | $18,223 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Security State Bank & Trust
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Fredericksburg, TX
- Captrust Investment Advisors — Schedule C compensation
- Milliman, Inc. — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation