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THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameTHE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN
Plan identification number 002

THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

HOME BANK S B has sponsored the creation of one or more 401k plans.

Company Name:HOME BANK S B
Employer identification number (EIN):350388822
NAIC Classification:522120
NAIC Description:Savings Institutions

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01SAVANNAH LOWRY2024-06-05
0022022-01-01MELISSA FISHER2023-08-31
0022021-01-01MELISSA FISHER2022-08-03
0022020-01-01SAVANNAH LOWRY2021-10-01
0022019-01-01MELISSA FISHER2020-10-05
0022018-01-01MELISSA FISHER2019-10-08
0022017-01-01LYDIA BROWN2018-10-09
0022016-01-01BRIAN STREMMING2017-05-09 BRIAN STREMMING2017-05-09
0022015-01-01BRIAN STREMMING2016-04-25 BRIAN STREMMING2016-04-25
0022014-01-01BRIAN STREMMING2015-06-01 BRIAN STREMMING2015-06-01
0022013-01-01BRIAN STREMMING2014-05-08 BRIAN STREMMING2014-05-08
0022012-01-01BRIAN STREMMING2013-04-30 BRIAN STREMMING2013-04-30
0022011-01-01BRIAN STREMMING2012-06-19 BRIAN STREMMING2012-06-19
0022010-01-01BRIAN STREMMING2011-07-16 BRIAN STREMMING2011-07-16

Financial Data on THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN

Measure Date Value
2025 : THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-06-092066723
Net assets as of the end of the plan year2025-06-099659331
Total assets as of the beginning of the plan year2025-06-099873267
Value of plan covered by a fidelity bond2025-06-095000000
Participant contributions to plan in this plan year2025-06-09406389
Value of participant loans at end of plan year2025-06-09127825
Other contributions to plan in this plan year2025-06-0927328
Other income to plan in this plan year2025-06-091002437
Plan net income in this plan year2025-06-09-213936
Net assets as of the end of the plan year2025-06-099659331
Net assets as of the beginning of the plan year2025-06-099873267
Employer contributions to plan in this plan year2025-06-09416633
Expensese paid to adminstrative service provicers from plan in this plan year2025-06-0929105
2024 : THE HOME BANK S B EMPLOYEES' RETIREMENT SAVINGS PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-05576532
Net assets as of the end of the plan year2024-06-059873267
Total assets as of the beginning of the plan year2024-06-058234605
Value of plan covered by a fidelity bond2024-06-055000000
Participant contributions to plan in this plan year2024-06-05421378
Value of participant loans at end of plan year2024-06-05138725
Other contributions to plan in this plan year2024-06-05177335
Other income to plan in this plan year2024-06-051209318
Plan net income in this plan year2024-06-051638662
Net assets as of the end of the plan year2024-06-059873267
Net assets as of the beginning of the plan year2024-06-058234605
Employer contributions to plan in this plan year2024-06-05407163
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-0525125

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