NAB LLC DBA SOUTHERN STATES BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTHERN STATES BANK 401(K) PLAN
| Measure | Date | Value |
|---|
| 2023 : SOUTHERN STATES BANK 401(K) PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $4,296,875 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,918,745 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,820,513 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $2,416,249 |
| Value of total assets at end of year | 2023-12-31 | $12,426,125 |
| Value of total assets at beginning of year | 2023-12-31 | $10,047,995 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $98,232 |
| Total interest from all sources | 2023-12-31 | $11,762 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $468 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $468 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $1,159,212 |
| Participant contributions at end of year | 2023-12-31 | $172,313 |
| Participant contributions at beginning of year | 2023-12-31 | $155,053 |
| Participant contributions at end of year | 2023-12-31 | $28,494 |
| Participant contributions at beginning of year | 2023-12-31 | $30,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $572,860 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,378,130 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $12,426,125 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $10,047,995 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $39,447 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $24,037 |
| Value of interest in pooled separate accounts at end of year | 2023-12-31 | $5,637,571 |
| Value of interest in pooled separate accounts at beginning of year | 2023-12-31 | $5,073,531 |
| Interest on participant loans | 2023-12-31 | $11,762 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $6,505,498 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $4,735,131 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $4,695 |
| Net investment gain/loss from pooled separate accounts | 2023-12-31 | $1,000,275 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $863,426 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $684,177 |
| Employer contributions (assets) at end of year | 2023-12-31 | $42,802 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $29,299 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,820,513 |
| Contract administrator fees | 2023-12-31 | $98,232 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2023-12-31 | 580692043 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $4,296,875 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $1,918,745 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $1,820,513 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $2,416,249 |
| Value of total assets at end of year | 2023-01-01 | $12,426,125 |
| Value of total assets at beginning of year | 2023-01-01 | $10,047,995 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $98,232 |
| Total interest from all sources | 2023-01-01 | $11,762 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $468 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $468 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $1,159,212 |
| Participant contributions at end of year | 2023-01-01 | $172,313 |
| Participant contributions at beginning of year | 2023-01-01 | $155,053 |
| Participant contributions at end of year | 2023-01-01 | $28,494 |
| Participant contributions at beginning of year | 2023-01-01 | $30,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-01-01 | $572,860 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,378,130 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $12,426,125 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $10,047,995 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $39,447 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $24,037 |
| Value of interest in pooled separate accounts at end of year | 2023-01-01 | $5,637,571 |
| Value of interest in pooled separate accounts at beginning of year | 2023-01-01 | $5,073,531 |
| Interest on participant loans | 2023-01-01 | $11,762 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $6,505,498 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $4,735,131 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $4,695 |
| Net investment gain/loss from pooled separate accounts | 2023-01-01 | $1,000,275 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $863,426 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $684,177 |
| Employer contributions (assets) at end of year | 2023-01-01 | $42,802 |
| Employer contributions (assets) at beginning of year | 2023-01-01 | $29,299 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $1,820,513 |
| Contract administrator fees | 2023-01-01 | $98,232 |
| Did the plan have assets held for investment | 2023-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2023-01-01 | 580692043 |
| 2022 : SOUTHERN STATES BANK 401(K) PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-351,283 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $452,558 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $357,443 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,859,662 |
| Value of total assets at end of year | 2022-12-31 | $10,047,995 |
| Value of total assets at beginning of year | 2022-12-31 | $10,851,836 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $95,115 |
| Total interest from all sources | 2022-12-31 | $9,300 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $268 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $268 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $1,108,183 |
| Participant contributions at end of year | 2022-12-31 | $155,053 |
| Participant contributions at beginning of year | 2022-12-31 | $194,325 |
| Participant contributions at end of year | 2022-12-31 | $30,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $91,819 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-12-31 | $250 |
| Other income not declared elsewhere | 2022-12-31 | $27 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-803,841 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $10,047,995 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $10,851,836 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $24,037 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $24,145 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $5,073,531 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $5,693,084 |
| Interest on participant loans | 2022-12-31 | $9,300 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $4,735,131 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $4,927,886 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-4,077 |
| Net investment gain/loss from pooled separate accounts | 2022-12-31 | $-1,339,972 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $-876,491 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $659,660 |
| Employer contributions (assets) at end of year | 2022-12-31 | $29,299 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $12,396 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $357,193 |
| Contract administrator fees | 2022-12-31 | $95,115 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2022-12-31 | 580692043 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-351,283 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $452,558 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $357,443 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,859,662 |
| Value of total assets at end of year | 2022-01-01 | $10,047,995 |
| Value of total assets at beginning of year | 2022-01-01 | $10,851,836 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $95,115 |
| Total interest from all sources | 2022-01-01 | $9,300 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $268 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $268 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $1,108,183 |
| Participant contributions at end of year | 2022-01-01 | $155,053 |
| Participant contributions at beginning of year | 2022-01-01 | $194,325 |
| Participant contributions at end of year | 2022-01-01 | $30,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $91,819 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2022-01-01 | $250 |
| Other income not declared elsewhere | 2022-01-01 | $27 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-803,841 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $10,047,995 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $10,851,836 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $24,037 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $24,145 |
| Value of interest in pooled separate accounts at end of year | 2022-01-01 | $5,073,531 |
| Value of interest in pooled separate accounts at beginning of year | 2022-01-01 | $5,693,084 |
| Interest on participant loans | 2022-01-01 | $9,300 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $4,735,131 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $4,927,886 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-4,077 |
| Net investment gain/loss from pooled separate accounts | 2022-01-01 | $-1,339,972 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $-876,491 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $659,660 |
| Employer contributions (assets) at end of year | 2022-01-01 | $29,299 |
| Employer contributions (assets) at beginning of year | 2022-01-01 | $12,396 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $357,193 |
| Contract administrator fees | 2022-01-01 | $95,115 |
| Did the plan have assets held for investment | 2022-01-01 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2022-01-01 | 580692043 |
| 2021 : SOUTHERN STATES BANK 401(K) PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
| Total income from all sources (including contributions) | 2021-12-31 | $3,157,130 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $265,805 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $224,905 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,818,279 |
| Value of total assets at end of year | 2021-12-31 | $10,851,836 |
| Value of total assets at beginning of year | 2021-12-31 | $7,960,511 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $40,900 |
| Total interest from all sources | 2021-12-31 | $10,308 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $52 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $52 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $933,568 |
| Participant contributions at end of year | 2021-12-31 | $194,325 |
| Participant contributions at beginning of year | 2021-12-31 | $180,336 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $317,598 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,891,325 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $10,851,836 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $7,960,511 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $24,145 |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $5,693,084 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $3,963,235 |
| Interest on participant loans | 2021-12-31 | $10,308 |
| Value of interest in common/collective trusts at end of year | 2021-12-31 | $4,927,886 |
| Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $3,816,940 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-371 |
| Net investment gain/loss from pooled separate accounts | 2021-12-31 | $790,118 |
| Net investment gain or loss from common/collective trusts | 2021-12-31 | $538,744 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $567,113 |
| Employer contributions (assets) at end of year | 2021-12-31 | $12,396 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $224,905 |
| Contract administrator fees | 2021-12-31 | $40,900 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
| Accountancy firm name | 2021-12-31 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2021-12-31 | 580692043 |
| 2020 : SOUTHERN STATES BANK 401(K) PLAN 2020 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2020-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total transfer of assets to this plan | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
| Total income from all sources (including contributions) | 2020-12-31 | $2,657,059 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $432,996 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $431,036 |
| Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $0 |
| Value of total corrective distributions | 2020-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,444,331 |
| Value of total assets at end of year | 2020-12-31 | $7,960,511 |
| Value of total assets at beginning of year | 2020-12-31 | $5,736,448 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,960 |
| Total income from rents | 2020-12-31 | $0 |
| Total interest from all sources | 2020-12-31 | $10,384 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $0 |
| Administrative expenses professional fees incurred | 2020-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2020-12-31 | $0 |
| Contributions received from participants | 2020-12-31 | $777,785 |
| Participant contributions at end of year | 2020-12-31 | $180,336 |
| Participant contributions at beginning of year | 2020-12-31 | $111,406 |
| Participant contributions at end of year | 2020-12-31 | $0 |
| Participant contributions at beginning of year | 2020-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $265,838 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
| Other income not declared elsewhere | 2020-12-31 | $0 |
| Administrative expenses (other) incurred | 2020-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $0 |
| Total non interest bearing cash at end of year | 2020-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2020-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,224,063 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $7,960,511 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $5,736,448 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2020-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2020-12-31 | $0 |
| Investment advisory and management fees | 2020-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $3,963,235 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $2,824,062 |
| Interest on participant loans | 2020-12-31 | $10,384 |
| Income. Interest from loans (other than to participants) | 2020-12-31 | $0 |
| Interest earned on other investments | 2020-12-31 | $0 |
| Income. Interest from US Government securities | 2020-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2020-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2020-12-31 | $3,816,940 |
| Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $2,800,980 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2020-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $0 |
| Net investment gain/loss from pooled separate accounts | 2020-12-31 | $753,293 |
| Net investment gain or loss from common/collective trusts | 2020-12-31 | $449,051 |
| Net gain/loss from 103.12 investment entities | 2020-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $400,708 |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Income. Dividends from preferred stock | 2020-12-31 | $0 |
| Income. Dividends from common stock | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $431,036 |
| Contract administrator fees | 2020-12-31 | $1,960 |
| Liabilities. Value of benefit claims payable at beginning of year | 2020-12-31 | $0 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Aggregate proceeds on sale of assets | 2020-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2020-12-31 | $0 |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | MAULDIN & JENKINS, LLC |
| Accountancy firm EIN | 2020-12-31 | 580692043 |
| 2019 : SOUTHERN STATES BANK 401(K) PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of real estate assets | 2019-12-31 | $0 |
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $0 |
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total transfer of assets to this plan | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
| Total income from all sources (including contributions) | 2019-12-31 | $2,104,714 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $902,268 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $899,751 |
| Expenses. Certain deemed distributions of participant loans | 2019-12-31 | $0 |
| Value of total corrective distributions | 2019-12-31 | $0 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $1,056,619 |
| Value of total assets at end of year | 2019-12-31 | $5,736,448 |
| Value of total assets at beginning of year | 2019-12-31 | $4,534,002 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $2,517 |
| Total income from rents | 2019-12-31 | $0 |
| Total interest from all sources | 2019-12-31 | $7,733 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $0 |
| Administrative expenses professional fees incurred | 2019-12-31 | $0 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Amount of non-exempt transactions with any party-in-interest | 2019-12-31 | $0 |
| Contributions received from participants | 2019-12-31 | $608,911 |
| Participant contributions at end of year | 2019-12-31 | $111,406 |
| Participant contributions at beginning of year | 2019-12-31 | $136,739 |
| Participant contributions at end of year | 2019-12-31 | $0 |
| Participant contributions at beginning of year | 2019-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2019-12-31 | $133,749 |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-12-31 | $0 |
| Other income not declared elsewhere | 2019-12-31 | $0 |
| Administrative expenses (other) incurred | 2019-12-31 | $0 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $0 |
| Total non interest bearing cash at end of year | 2019-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2019-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $1,202,446 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $5,736,448 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $4,534,002 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year | 2019-12-31 | $0 |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Amount of leases to which the plan was a party which were in default/classified-as-uncollectible during the year | 2019-12-31 | $0 |
| Investment advisory and management fees | 2019-12-31 | $0 |
| Value of interest in pooled separate accounts at end of year | 2019-12-31 | $2,824,062 |
| Value of interest in pooled separate accounts at beginning of year | 2019-12-31 | $2,334,203 |
| Interest on participant loans | 2019-12-31 | $7,733 |
| Income. Interest from loans (other than to participants) | 2019-12-31 | $0 |
| Interest earned on other investments | 2019-12-31 | $0 |
| Income. Interest from US Government securities | 2019-12-31 | $0 |
| Income. Interest from corporate debt instruments | 2019-12-31 | $0 |
| Value of interest in common/collective trusts at end of year | 2019-12-31 | $2,800,980 |
| Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $2,063,060 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2019-12-31 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $0 |
| Net investment gain/loss from pooled separate accounts | 2019-12-31 | $611,609 |
| Net investment gain or loss from common/collective trusts | 2019-12-31 | $428,753 |
| Net gain/loss from 103.12 investment entities | 2019-12-31 | $0 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Contributions received in cash from employer | 2019-12-31 | $313,959 |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Income. Dividends from preferred stock | 2019-12-31 | $0 |
| Income. Dividends from common stock | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $899,751 |
| Contract administrator fees | 2019-12-31 | $2,517 |
| Liabilities. Value of benefit claims payable at beginning of year | 2019-12-31 | $0 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Aggregate proceeds on sale of assets | 2019-12-31 | $0 |
| Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $0 |
| Liabilities. Value of acquisition indebtedness at beginning of year | 2019-12-31 | $0 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | MAULDIN AND JENKINS |
| Accountancy firm EIN | 2019-12-31 | 580692043 |
