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SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 401k Plan overview

Plan NameSOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST
Plan identification number 502

SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST Benefits

401k Plan TypeWelfare Benefit
Plan Features/Benefits
  • Health (other than dental or vision)
  • Life insurance
  • Dental
  • Vision
  • Long-term disability cover

401k Sponsoring company profile

SOUTH CAROLINA BANKERS' ASSOCIATION has sponsored the creation of one or more 401k plans.

Company Name:SOUTH CAROLINA BANKERS' ASSOCIATION
Employer identification number (EIN):570248460
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
5022023-01-01ISRAEL REEVES2024-10-08
5022022-01-01ISRAEL REEVES2023-10-04
5022021-01-01ISRAEL REEVES2022-10-07
5022020-01-01ISRAEL REEVES2021-10-12
5022019-01-01DONNA TAYLOR2020-10-13
5022018-01-01DONNA TAYLOR2019-09-30
5022017-01-01DONNA TAYLOR2018-09-25
5022016-01-01DONNA TAYLOR2017-07-27
5022015-01-01DONNA TAYLOR2016-10-05
5022014-01-01
5022013-01-01FRED L GREEN III2014-07-24
5022012-01-01FRED L GREEN III2013-07-26
5022011-01-01FRED L GREEN III2012-07-20
5022010-01-01LLOYD I HENDRICKS
5022009-01-01LLOYD I HENDRICKS

Plan Statistics for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

401k plan membership statisitcs for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Measure Date Value
2025: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2025 401k membership
Total number of particpants at beginning of year2025-07-238
Total number of particpants at end of year2025-07-237
Number of Participants With Account Balances2025-07-230
2024: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2024 401k membership
Total number of particpants at beginning of year2024-10-088
Total number of particpants at end of year2024-10-088
Number of Participants With Account Balances2024-10-080
2022: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2022 401k membership
Total number of particpants at beginning of year2022-10-076
Total number of particpants at end of year2022-10-077
Number of Participants With Account Balances2022-10-070
2010: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2010 401k membership
Total participants, beginning-of-year2010-01-0112
Total number of active participants reported on line 7a of the Form 55002010-01-0110
Total of all active and inactive participants2010-01-0110
Total participants2010-01-0110
2009: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2009 401k membership
Total participants, beginning-of-year2009-01-0111
Total number of active participants reported on line 7a of the Form 55002009-01-0112
Total of all active and inactive participants2009-01-0112
Total participants2009-01-0112

Financial Data on SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

Measure Date Value
2025 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2025 401k financial data
Total liabilities as of the end of the plan year2025-07-236943
Total liabilities as of the beginning of the plan year2025-07-236622
Total expenses incurred by plan in this plan year2025-07-2387270
Net assets as of the end of the plan year2025-07-2333000
Total assets as of the beginning of the plan year2025-07-2325723
Value of plan covered by a fidelity bond2025-07-23500000
Other expenses paid from plan in this plan year2025-07-231814
Other income to plan in this plan year2025-07-231460
Plan net income in this plan year2025-07-236956
Net assets as of the end of the plan year2025-07-2326057
Net assets as of the beginning of the plan year2025-07-2319101
Employer contributions to plan in this plan year2025-07-2392766
Fees paid to broker by Benefit Provider2025-07-237782
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-235906
2024 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-086622
Total liabilities as of the beginning of the plan year2024-10-086708
Total expenses incurred by plan in this plan year2024-10-0894678
Net assets as of the end of the plan year2024-10-0825723
Total assets as of the beginning of the plan year2024-10-0842527
Value of plan covered by a fidelity bond2024-10-08500000
Other expenses paid from plan in this plan year2024-10-081181
Other income to plan in this plan year2024-10-08992
Plan net income in this plan year2024-10-08-16718
Net assets as of the end of the plan year2024-10-0819101
Net assets as of the beginning of the plan year2024-10-0835819
Employer contributions to plan in this plan year2024-10-0876968
Fees paid to broker by Benefit Provider2024-10-0810383
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-084337
2022 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2022 401k financial data
Total liabilities as of the end of the plan year2022-10-075027
Total liabilities as of the beginning of the plan year2022-10-074460
Total expenses incurred by plan in this plan year2022-10-0765860
Net assets as of the end of the plan year2022-10-0736260
Total assets as of the beginning of the plan year2022-10-0732408
Value of plan covered by a fidelity bond2022-10-07500000
Other expenses paid from plan in this plan year2022-10-07780
Other income to plan in this plan year2022-10-07492
Plan net income in this plan year2022-10-073285
Net assets as of the end of the plan year2022-10-0731233
Net assets as of the beginning of the plan year2022-10-0727948
Employer contributions to plan in this plan year2022-10-0768653
Fees paid to broker by Benefit Provider2022-10-077784
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-073813
2010 : SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2010 401k financial data
Total plan liabilities at end of year2010-12-31$3,196
Total plan liabilities at beginning of year2010-12-31$6,349
Total income from all sources2010-12-31$73,994
Expenses. Total of all expenses incurred2010-12-31$67,683
Benefits paid (including direct rollovers)2010-12-31$59,963
Total plan assets at end of year2010-12-31$12,482
Total plan assets at beginning of year2010-12-31$9,324
Value of fidelity bond covering the plan2010-12-31$1,000,000
Other income received2010-12-31$169
Net income (gross income less expenses)2010-12-31$6,311
Net plan assets at end of year (total assets less liabilities)2010-12-31$9,286
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$2,975
Total contributions received or receivable from employer(s)2010-12-31$73,825
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$7,720

Form 5500 Responses for SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST

2010: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Plan funding arrangement – InsuranceYes
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement – InsuranceYes
2010-01-01Plan benefit arrangement - TrustYes
2009: SOUTH CAROLINA BANKERS EMPLOYEE BENEFIT TRUST 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Plan funding arrangement – InsuranceYes
2009-01-01Plan benefit arrangement – InsuranceYes

Insurance Providers Used on plan

VISION SERVICE PLAN (National Association of Insurance Commissioners NAIC id number: 39616 )
Policy contract number30016141-0001
Policy instance 1
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number348118-0001
Policy instance 2
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number285958-0001
Policy instance 3
UNUM LIFE INSURANCE COMPANY OF AMERICA (National Association of Insurance Commissioners NAIC id number: 62235 )
Policy contract number105531-0001
Policy instance 4
METROPOLITAN LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65978 )
Policy contract numberTSO5469906
Policy instance 5
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-51236-11-6
Policy instance 6
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA (National Association of Insurance Commissioners NAIC id number: 38520 )
Policy contract number03-55075
Policy instance 7

Potentially related plans

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