SOUTHERN BANK has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan SOUTHERN BANK 401(K) RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2025 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2025 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2025-06-03 | 0 |
| Total liabilities as of the end of the plan year | 2025-06-03 | 0 |
| Total liabilities as of the beginning of the plan year | 2025-06-03 | 0 |
| Total expenses incurred by plan in this plan year | 2025-06-03 | 30605 |
| Net assets as of the end of the plan year | 2025-06-03 | 1095556 |
| Total assets as of the beginning of the plan year | 2025-06-03 | 713860 |
| Value of plan covered by a fidelity bond | 2025-06-03 | 2000000 |
| Participant contributions to plan in this plan year | 2025-06-03 | 203402 |
| Value of participant loans at end of plan year | 2025-06-03 | 11807 |
| Other expenses paid from plan in this plan year | 2025-06-03 | 13497 |
| Other contributions to plan in this plan year | 2025-06-03 | 0 |
| Other income to plan in this plan year | 2025-06-03 | 110355 |
| Plan net income in this plan year | 2025-06-03 | 381696 |
| Net assets as of the end of the plan year | 2025-06-03 | 1095556 |
| Net assets as of the beginning of the plan year | 2025-06-03 | 713860 |
| Employer contributions to plan in this plan year | 2025-06-03 | 98544 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-06-03 | 0 |
| 2024 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2024 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2024-09-04 | 0 |
| Total liabilities as of the end of the plan year | 2024-09-04 | 0 |
| Total liabilities as of the beginning of the plan year | 2024-09-04 | 0 |
| Total expenses incurred by plan in this plan year | 2024-09-04 | 100881 |
| Net assets as of the end of the plan year | 2024-09-04 | 713860 |
| Total assets as of the beginning of the plan year | 2024-09-04 | 460236 |
| Value of plan covered by a fidelity bond | 2024-09-04 | 500000 |
| Participant contributions to plan in this plan year | 2024-09-04 | 182174 |
| Value of participant loans at end of plan year | 2024-09-04 | 10726 |
| Other expenses paid from plan in this plan year | 2024-09-04 | 9426 |
| Other contributions to plan in this plan year | 2024-09-04 | 0 |
| Other income to plan in this plan year | 2024-09-04 | 97684 |
| Plan net income in this plan year | 2024-09-04 | 253624 |
| Net assets as of the end of the plan year | 2024-09-04 | 713860 |
| Net assets as of the beginning of the plan year | 2024-09-04 | 460236 |
| Employer contributions to plan in this plan year | 2024-09-04 | 74647 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-09-04 | 0 |
| 2022 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2022 401k financial data |
|---|
| Total transfers to/from plan in this plan year | 2022-09-16 | 0 |
| Total liabilities as of the end of the plan year | 2022-09-16 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-09-16 | 0 |
| Total expenses incurred by plan in this plan year | 2022-09-16 | 198457 |
| Net assets as of the end of the plan year | 2022-09-16 | 659810 |
| Total assets as of the beginning of the plan year | 2022-09-16 | 747940 |
| Value of plan covered by a fidelity bond | 2022-09-16 | 500000 |
| Participant contributions to plan in this plan year | 2022-09-16 | 14120 |
| Value of participant loans at end of plan year | 2022-09-16 | 21732 |
| Other expenses paid from plan in this plan year | 2022-09-16 | 2334 |
| Other contributions to plan in this plan year | 2022-09-16 | 3 |
| Other income to plan in this plan year | 2022-09-16 | 96204 |
| Plan net income in this plan year | 2022-09-16 | -88130 |
| Net assets as of the end of the plan year | 2022-09-16 | 659810 |
| Net assets as of the beginning of the plan year | 2022-09-16 | 747940 |
| Value of contributions failed to transmitted timely | 2022-09-16 | 1753 |
| Employer contributions to plan in this plan year | 2022-09-16 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-09-16 | 0 |
| 2014 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2014 401k financial data |
|---|
| Transfers to/from the plan | 2014-12-31 | $0 |
| Total income from all sources | 2014-12-31 | $48,946 |
| Expenses. Total of all expenses incurred | 2014-12-31 | $45,083 |
| Benefits paid (including direct rollovers) | 2014-12-31 | $44,791 |
| Total plan assets at end of year | 2014-12-31 | $824,054 |
| Total plan assets at beginning of year | 2014-12-31 | $820,191 |
| Value of fidelity bond covering the plan | 2014-12-31 | $15,000 |
| Total contributions received or receivable from participants | 2014-12-31 | $8,937 |
| Expenses. Other expenses not covered elsewhere | 2014-12-31 | $292 |
| Contributions received from other sources (not participants or employers) | 2014-12-31 | $0 |
| Other income received | 2014-12-31 | $40,009 |
| Net income (gross income less expenses) | 2014-12-31 | $3,863 |
| Net plan assets at end of year (total assets less liabilities) | 2014-12-31 | $824,054 |
| Net plan assets at beginning of year (total assets less liabilities) | 2014-12-31 | $820,191 |
| Assets. Value of participant loans | 2014-12-31 | $39,455 |
| Total contributions received or receivable from employer(s) | 2014-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2014-12-31 | $0 |
| Value of corrective distributions | 2014-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2014-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2014-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2014-12-31 | $0 |
| 2013 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2013 401k financial data |
|---|
| Transfers to/from the plan | 2013-12-31 | $0 |
| Total income from all sources | 2013-12-31 | $93,327 |
| Expenses. Total of all expenses incurred | 2013-12-31 | $36,869 |
| Benefits paid (including direct rollovers) | 2013-12-31 | $36,425 |
| Total plan assets at end of year | 2013-12-31 | $820,191 |
| Total plan assets at beginning of year | 2013-12-31 | $763,733 |
| Value of fidelity bond covering the plan | 2013-12-31 | $15,000 |
| Total contributions received or receivable from participants | 2013-12-31 | $13,897 |
| Expenses. Other expenses not covered elsewhere | 2013-12-31 | $444 |
| Contributions received from other sources (not participants or employers) | 2013-12-31 | $0 |
| Other income received | 2013-12-31 | $79,430 |
| Net income (gross income less expenses) | 2013-12-31 | $56,458 |
| Net plan assets at end of year (total assets less liabilities) | 2013-12-31 | $820,191 |
| Net plan assets at beginning of year (total assets less liabilities) | 2013-12-31 | $763,733 |
| Assets. Value of participant loans | 2013-12-31 | $54,977 |
| Total contributions received or receivable from employer(s) | 2013-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2013-12-31 | $0 |
| Value of corrective distributions | 2013-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2013-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2013-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2013-12-31 | $0 |
| 2012 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2012 401k financial data |
|---|
| Transfers to/from the plan | 2012-12-31 | $0 |
| Total income from all sources | 2012-12-31 | $71,318 |
| Expenses. Total of all expenses incurred | 2012-12-31 | $65,959 |
| Benefits paid (including direct rollovers) | 2012-12-31 | $65,395 |
| Total plan assets at end of year | 2012-12-31 | $763,733 |
| Total plan assets at beginning of year | 2012-12-31 | $758,374 |
| Value of fidelity bond covering the plan | 2012-12-31 | $15,000 |
| Total contributions received or receivable from participants | 2012-12-31 | $20,464 |
| Expenses. Other expenses not covered elsewhere | 2012-12-31 | $564 |
| Contributions received from other sources (not participants or employers) | 2012-12-31 | $0 |
| Other income received | 2012-12-31 | $50,854 |
| Net income (gross income less expenses) | 2012-12-31 | $5,359 |
| Net plan assets at end of year (total assets less liabilities) | 2012-12-31 | $763,733 |
| Net plan assets at beginning of year (total assets less liabilities) | 2012-12-31 | $758,374 |
| Assets. Value of participant loans | 2012-12-31 | $70,240 |
| Total contributions received or receivable from employer(s) | 2012-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2012-12-31 | $0 |
| Value of corrective distributions | 2012-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2012-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2012-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2012-12-31 | $0 |
| 2011 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2011 401k financial data |
|---|
| Transfers to/from the plan | 2011-12-31 | $0 |
| Total income from all sources | 2011-12-31 | $20,665 |
| Expenses. Total of all expenses incurred | 2011-12-31 | $125,045 |
| Benefits paid (including direct rollovers) | 2011-12-31 | $124,673 |
| Total plan assets at end of year | 2011-12-31 | $758,374 |
| Total plan assets at beginning of year | 2011-12-31 | $862,754 |
| Value of fidelity bond covering the plan | 2011-12-31 | $15,000 |
| Total contributions received or receivable from participants | 2011-12-31 | $17,942 |
| Expenses. Other expenses not covered elsewhere | 2011-12-31 | $372 |
| Contributions received from other sources (not participants or employers) | 2011-12-31 | $0 |
| Other income received | 2011-12-31 | $2,723 |
| Net income (gross income less expenses) | 2011-12-31 | $-104,380 |
| Net plan assets at end of year (total assets less liabilities) | 2011-12-31 | $758,374 |
| Net plan assets at beginning of year (total assets less liabilities) | 2011-12-31 | $862,754 |
| Assets. Value of participant loans | 2011-12-31 | $87,198 |
| Total contributions received or receivable from employer(s) | 2011-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2011-12-31 | $0 |
| Value of corrective distributions | 2011-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2011-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2011-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2011-12-31 | $0 |
| 2010 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2010 401k financial data |
|---|
| Transfers to/from the plan | 2010-12-31 | $0 |
| Total income from all sources | 2010-12-31 | $78,813 |
| Expenses. Total of all expenses incurred | 2010-12-31 | $88,037 |
| Benefits paid (including direct rollovers) | 2010-12-31 | $87,643 |
| Total plan assets at end of year | 2010-12-31 | $862,754 |
| Total plan assets at beginning of year | 2010-12-31 | $871,978 |
| Value of fidelity bond covering the plan | 2010-12-31 | $15,000 |
| Total contributions received or receivable from participants | 2010-12-31 | $21,690 |
| Expenses. Other expenses not covered elsewhere | 2010-12-31 | $394 |
| Contributions received from other sources (not participants or employers) | 2010-12-31 | $0 |
| Other income received | 2010-12-31 | $57,123 |
| Net income (gross income less expenses) | 2010-12-31 | $-9,224 |
| Net plan assets at end of year (total assets less liabilities) | 2010-12-31 | $862,754 |
| Net plan assets at beginning of year (total assets less liabilities) | 2010-12-31 | $871,978 |
| Assets. Value of participant loans | 2010-12-31 | $121,191 |
| Total contributions received or receivable from employer(s) | 2010-12-31 | $0 |
| Value of certain deemed distributions of participant loans | 2010-12-31 | $0 |
| Value of corrective distributions | 2010-12-31 | $0 |
| Funding deficiency by the employer to the plan for this plan year | 2010-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2010-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2010-12-31 | $0 |
| 2009 : SOUTHERN BANK 401(K) RETIREMENT PLAN 2009 401k financial data |
|---|
| Funding deficiency by the employer to the plan for this plan year | 2009-12-31 | $0 |
| Minimum employer required contribution for this plan year | 2009-12-31 | $0 |
| Amount contributed by the employer to the plan for this plan year | 2009-12-31 | $0 |
| 2014: SOUTHERN BANK 401(K) RETIREMENT PLAN 2014 form 5500 responses |
|---|
| 2014-01-01 | Type of plan entity | Single employer plan |
| 2014-01-01 | Submission has been amended | No |
| 2014-01-01 | This submission is the final filing | No |
| 2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2014-01-01 | Plan is a collectively bargained plan | No |
| 2014-01-01 | Plan funding arrangement – Insurance | Yes |
| 2014-01-01 | Plan funding arrangement – Trust | Yes |
| 2014-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2013: SOUTHERN BANK 401(K) RETIREMENT PLAN 2013 form 5500 responses |
|---|
| 2013-01-01 | Type of plan entity | Single employer plan |
| 2013-01-01 | Submission has been amended | No |
| 2013-01-01 | This submission is the final filing | No |
| 2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2013-01-01 | Plan is a collectively bargained plan | No |
| 2013-01-01 | Plan funding arrangement – Insurance | Yes |
| 2013-01-01 | Plan funding arrangement – Trust | Yes |
| 2013-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2012: SOUTHERN BANK 401(K) RETIREMENT PLAN 2012 form 5500 responses |
|---|
| 2012-01-01 | Type of plan entity | Single employer plan |
| 2012-01-01 | Submission has been amended | No |
| 2012-01-01 | This submission is the final filing | No |
| 2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2012-01-01 | Plan is a collectively bargained plan | No |
| 2012-01-01 | Plan funding arrangement – Insurance | Yes |
| 2012-01-01 | Plan funding arrangement – Trust | Yes |
| 2012-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2011: SOUTHERN BANK 401(K) RETIREMENT PLAN 2011 form 5500 responses |
|---|
| 2011-01-01 | Type of plan entity | Single employer plan |
| 2011-01-01 | Submission has been amended | No |
| 2011-01-01 | This submission is the final filing | No |
| 2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2011-01-01 | Plan is a collectively bargained plan | No |
| 2011-01-01 | Plan funding arrangement – Insurance | Yes |
| 2011-01-01 | Plan funding arrangement – Trust | Yes |
| 2011-01-01 | Plan benefit arrangement – Insurance | Yes |
| 2009: SOUTHERN BANK 401(K) RETIREMENT PLAN 2009 form 5500 responses |
|---|
| 2009-01-01 | Type of plan entity | Single employer plan |
| 2009-01-01 | Submission has been amended | No |
| 2009-01-01 | This submission is the final filing | No |
| 2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
| 2009-01-01 | Plan is a collectively bargained plan | No |
| 2009-01-01 | Plan funding arrangement – Insurance | Yes |
| 2009-01-01 | Plan funding arrangement – Trust | Yes |
| 2009-01-01 | Plan benefit arrangement – Insurance | Yes |
