401k Plan data: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN plan

FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 401k Plan overview

Plan Name	FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN
Plan identification number	002

FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
Participant-directed brokerage accounts provided as an investment option under the plan.
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

FIRST SOUTHERN MORTGAGE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: FIRST SOUTHERN MORTGAGE CORPORATION

Employer identification number (EIN): 621219308

NAIC Classification: 522292
NAIC Description: Real Estate Credit

Additional information about FIRST SOUTHERN MORTGAGE CORPORATION

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 1988-09-23

Company Identification Number: M99961

Legal Registered Office Address: 90 EAST LIVINGSTON STREET

ORLANDO

32801

More information about FIRST SOUTHERN MORTGAGE CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2024-01-01
002 2024-01-01 JAMES E. COLLINS
002 2023-01-01
002 2023-01-01 JAMES E. COLLINS
002 2022-01-01
002 2022-01-01 JAMES E. COLLINS
002 2021-01-01
002 2021-01-01 JAMES E. COLLINS
002 2020-01-01
002 2019-01-01
002 2018-01-01 JAMES E. COLLINS
002 2017-01-01 JAMES E. COLLINS
002 2016-01-01 JAMES E. COLLINS
002 2015-01-01 JAMES E. COLLINS 2016-09-20
002 2014-01-01 JAMES E. COLLINS 2015-10-01
002 2013-01-01 JAMES E. COLLINS 2014-06-18
002 2012-01-01 JAMES E. COLLINS 2013-09-19
002 2011-01-01 JAMES E. COLLINS 2012-10-08
002 2010-01-01 JAMES E. COLLINS 2011-10-03
002 2009-01-01 JAMES E. COLLINS

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2024-01-01
002	2024-01-01	JAMES E. COLLINS
002	2023-01-01
002	2023-01-01	JAMES E. COLLINS
002	2022-01-01
002	2022-01-01	JAMES E. COLLINS
002	2021-01-01
002	2021-01-01	JAMES E. COLLINS
002	2020-01-01
002	2019-01-01
002	2018-01-01	JAMES E. COLLINS
002	2017-01-01	JAMES E. COLLINS
002	2016-01-01	JAMES E. COLLINS
002	2015-01-01	JAMES E. COLLINS	2016-09-20
002	2014-01-01	JAMES E. COLLINS	2015-10-01
002	2013-01-01	JAMES E. COLLINS	2014-06-18
002	2012-01-01	JAMES E. COLLINS	2013-09-19
002	2011-01-01	JAMES E. COLLINS	2012-10-08
002	2010-01-01	JAMES E. COLLINS	2011-10-03
002	2009-01-01	JAMES E. COLLINS

Plan Statistics for FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN

401k plan membership statisitcs for FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN

Measure Date Value
2024: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2024 401k membership
Total participants, beginning-of-year 2024-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2024-01-01 0
Number of retired or separated participants receiving benefits 2024-01-01 0
Number of other retired or separated participants entitled to future benefits 2024-01-01 0
Total of all active and inactive participants 2024-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2024-01-01 0
Total participants 2024-01-01 0
Number of participants with account balances 2024-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2024-01-01 0
2023: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 8
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 7
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 1
Total of all active and inactive participants 2023-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 8
Number of participants with account balances 2023-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 8
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 8
Number of participants with account balances 2022-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 8
Number of retired or separated participants receiving benefits 2021-01-01 2
Number of other retired or separated participants entitled to future benefits 2021-01-01 1
Total of all active and inactive participants 2021-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 11
Number of participants with account balances 2021-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 9
Number of retired or separated participants receiving benefits 2020-01-01 1
Number of other retired or separated participants entitled to future benefits 2020-01-01 1
Total of all active and inactive participants 2020-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 11
Number of participants with account balances 2020-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 8
Number of retired or separated participants receiving benefits 2019-01-01 1
Number of other retired or separated participants entitled to future benefits 2019-01-01 0
Total of all active and inactive participants 2019-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 9
Number of participants with account balances 2019-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 11
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 8
Number of retired or separated participants receiving benefits 2018-01-01 2
Number of other retired or separated participants entitled to future benefits 2018-01-01 1
Total of all active and inactive participants 2018-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 11
Number of participants with account balances 2018-01-01 10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 12
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 8
Number of retired or separated participants receiving benefits 2017-01-01 1
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 11
Number of participants with account balances 2017-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 13
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 6
Number of retired or separated participants receiving benefits 2016-01-01 2
Number of other retired or separated participants entitled to future benefits 2016-01-01 3
Total of all active and inactive participants 2016-01-01 11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 11
Number of participants with account balances 2016-01-01 11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2009: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 14
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 8
Number of retired or separated participants receiving benefits 2009-01-01 1
Number of other retired or separated participants entitled to future benefits 2009-01-01 4
Total of all active and inactive participants 2009-01-01 13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 13
Number of participants with account balances 2009-01-01 13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 1

Measure	Date	Value
2024: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2024 401k membership
Total participants, beginning-of-year	2024-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2024-01-01	0
Number of retired or separated participants receiving benefits	2024-01-01	0
Number of other retired or separated participants entitled to future benefits	2024-01-01	0
Total of all active and inactive participants	2024-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2024-01-01	0
Total participants	2024-01-01	0
Number of participants with account balances	2024-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2024-01-01	0
2023: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	8
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	7
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	1
Total of all active and inactive participants	2023-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	8
Number of participants with account balances	2023-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	8
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	8
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	8
Number of participants with account balances	2022-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	8
Number of retired or separated participants receiving benefits	2021-01-01	2
Number of other retired or separated participants entitled to future benefits	2021-01-01	1
Total of all active and inactive participants	2021-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	11
Number of participants with account balances	2021-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	9
Number of retired or separated participants receiving benefits	2020-01-01	1
Number of other retired or separated participants entitled to future benefits	2020-01-01	1
Total of all active and inactive participants	2020-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	11
Number of participants with account balances	2020-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	8
Number of retired or separated participants receiving benefits	2019-01-01	1
Number of other retired or separated participants entitled to future benefits	2019-01-01	0
Total of all active and inactive participants	2019-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	9
Number of participants with account balances	2019-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	11
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	8
Number of retired or separated participants receiving benefits	2018-01-01	2
Number of other retired or separated participants entitled to future benefits	2018-01-01	1
Total of all active and inactive participants	2018-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	11
Number of participants with account balances	2018-01-01	10
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	12
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	8
Number of retired or separated participants receiving benefits	2017-01-01	1
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	11
Number of participants with account balances	2017-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	13
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	6
Number of retired or separated participants receiving benefits	2016-01-01	2
Number of other retired or separated participants entitled to future benefits	2016-01-01	3
Total of all active and inactive participants	2016-01-01	11
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	11
Number of participants with account balances	2016-01-01	11
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2009: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	14
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	8
Number of retired or separated participants receiving benefits	2009-01-01	1
Number of other retired or separated participants entitled to future benefits	2009-01-01	4
Total of all active and inactive participants	2009-01-01	13
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	13
Number of participants with account balances	2009-01-01	13
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	1

Financial Data on FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN

Measure	Date	Value
2024 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2024 401k financial data
Total income from all sources	2024-07-31	$375,776
Expenses. Total of all expenses incurred	2024-07-31	$3,899,064
Benefits paid (including direct rollovers)	2024-07-31	$3,883,539
Total plan assets at end of year	2024-07-31	$0
Total plan assets at beginning of year	2024-07-31	$3,523,288
Value of fidelity bond covering the plan	2024-07-31	$500,000
Total contributions received or receivable from participants	2024-07-31	$4,109
Other income received	2024-07-31	$262,467
Net income (gross income less expenses)	2024-07-31	$-3,523,288
Net plan assets at end of year (total assets less liabilities)	2024-07-31	$0
Net plan assets at beginning of year (total assets less liabilities)	2024-07-31	$3,523,288
Assets. Value of assets in partnership/joint-venture interests	2024-07-31	$0
Total contributions received or receivable from employer(s)	2024-07-31	$109,200
Expenses. Administrative service providers (salaries,fees and commissions)	2024-07-31	$15,525
2023 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2023 401k financial data
Total income from all sources	2023-12-31	$685,026
Expenses. Total of all expenses incurred	2023-12-31	$25,464
Total plan assets at end of year	2023-12-31	$3,523,288
Total plan assets at beginning of year	2023-12-31	$2,863,726
Value of fidelity bond covering the plan	2023-12-31	$500,000
Total contributions received or receivable from participants	2023-12-31	$104,483
Other income received	2023-12-31	$464,646
Net income (gross income less expenses)	2023-12-31	$659,562
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$3,523,288
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$2,863,726
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$311,194
Total contributions received or receivable from employer(s)	2023-12-31	$115,897
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$25,464
2022 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources	2022-12-31	$-314,189
Expenses. Total of all expenses incurred	2022-12-31	$286,924
Benefits paid (including direct rollovers)	2022-12-31	$259,712
Total plan assets at end of year	2022-12-31	$2,863,726
Total plan assets at beginning of year	2022-12-31	$3,464,839
Value of fidelity bond covering the plan	2022-12-31	$500,000
Total contributions received or receivable from participants	2022-12-31	$106,354
Other income received	2022-12-31	$-526,894
Net income (gross income less expenses)	2022-12-31	$-601,113
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,863,726
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$3,464,839
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$311,194
Total contributions received or receivable from employer(s)	2022-12-31	$106,351
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$27,212
2021 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2021 401k financial data
Total income from all sources	2021-12-31	$834,578
Expenses. Total of all expenses incurred	2021-12-31	$151,332
Benefits paid (including direct rollovers)	2021-12-31	$125,732
Total plan assets at end of year	2021-12-31	$3,464,839
Total plan assets at beginning of year	2021-12-31	$2,781,593
Value of fidelity bond covering the plan	2021-12-31	$500,000
Total contributions received or receivable from participants	2021-12-31	$93,453
Contributions received from other sources (not participants or employers)	2021-12-31	$110,577
Other income received	2021-12-31	$537,150
Net income (gross income less expenses)	2021-12-31	$683,246
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$3,464,839
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,781,593
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$311,194
Total contributions received or receivable from employer(s)	2021-12-31	$93,398
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$25,600
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
2020 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2020 401k financial data
Total income from all sources	2020-12-31	$480,298
Expenses. Total of all expenses incurred	2020-12-31	$19,938
Total plan assets at end of year	2020-12-31	$2,781,593
Total plan assets at beginning of year	2020-12-31	$2,321,233
Value of fidelity bond covering the plan	2020-12-31	$500,000
Total contributions received or receivable from participants	2020-12-31	$82,010
Other income received	2020-12-31	$303,905
Net income (gross income less expenses)	2020-12-31	$460,360
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,781,593
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,321,233
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$100,000
Total contributions received or receivable from employer(s)	2020-12-31	$94,383
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$19,938
2019 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2019 401k financial data
Total income from all sources	2019-12-31	$1,007,915
Expenses. Total of all expenses incurred	2019-12-31	$261,771
Benefits paid (including direct rollovers)	2019-12-31	$243,329
Total plan assets at end of year	2019-12-31	$2,321,233
Total plan assets at beginning of year	2019-12-31	$1,575,089
Value of fidelity bond covering the plan	2019-12-31	$500,000
Total contributions received or receivable from participants	2019-12-31	$85,610
Contributions received from other sources (not participants or employers)	2019-12-31	$459,558
Other income received	2019-12-31	$374,548
Net income (gross income less expenses)	2019-12-31	$746,144
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,321,233
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$1,575,089
Assets. Value of assets in partnership/joint-venture interests	2019-12-31	$100,000
Total contributions received or receivable from employer(s)	2019-12-31	$88,199
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$18,442
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
2018 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2018 401k financial data
Total income from all sources	2018-12-31	$-9,900
Expenses. Total of all expenses incurred	2018-12-31	$36,022
Benefits paid (including direct rollovers)	2018-12-31	$20,310
Total plan assets at end of year	2018-12-31	$1,575,089
Total plan assets at beginning of year	2018-12-31	$1,621,011
Value of fidelity bond covering the plan	2018-12-31	$500,000
Total contributions received or receivable from participants	2018-12-31	$63,986
Other income received	2018-12-31	$-101,514
Net income (gross income less expenses)	2018-12-31	$-45,922
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$1,575,089
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$1,621,011
Assets. Value of assets in partnership/joint-venture interests	2018-12-31	$100,000
Total contributions received or receivable from employer(s)	2018-12-31	$27,628
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$15,712
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
2017 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2017 401k financial data
Total income from all sources	2017-12-31	$328,628
Expenses. Total of all expenses incurred	2017-12-31	$60,596
Benefits paid (including direct rollovers)	2017-12-31	$48,234
Total plan assets at end of year	2017-12-31	$1,621,011
Total plan assets at beginning of year	2017-12-31	$1,352,979
Value of fidelity bond covering the plan	2017-12-31	$500,000
Total contributions received or receivable from participants	2017-12-31	$64,588
Other income received	2017-12-31	$242,541
Net income (gross income less expenses)	2017-12-31	$268,032
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,621,011
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,352,979
Assets. Value of assets in partnership/joint-venture interests	2017-12-31	$100,000
Total contributions received or receivable from employer(s)	2017-12-31	$21,499
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$12,362
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
2016 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2016 401k financial data
Total income from all sources	2016-12-31	$277,663
Expenses. Total of all expenses incurred	2016-12-31	$159,892
Benefits paid (including direct rollovers)	2016-12-31	$149,173
Total plan assets at end of year	2016-12-31	$1,352,979
Total plan assets at beginning of year	2016-12-31	$1,235,208
Value of fidelity bond covering the plan	2016-12-31	$500,000
Total contributions received or receivable from participants	2016-12-31	$63,070
Other income received	2016-12-31	$188,927
Net income (gross income less expenses)	2016-12-31	$117,771
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,352,979
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,235,208
Assets. Value of assets in partnership/joint-venture interests	2016-12-31	$100,000
Total contributions received or receivable from employer(s)	2016-12-31	$25,666
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$10,719
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
2009 : FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN

2024: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2024 form 5500 responses
2024-01-01	Type of plan entity	Single employer plan
2024-01-01	Submission has been amended	No
2024-01-01	This submission is the final filing	Yes
2024-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2024-01-01	Plan is a collectively bargained plan	No
2024-01-01	Plan funding arrangement – Trust	Yes
2024-01-01	Plan benefit arrangement - Trust	Yes
2023: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2009: FIRST SOUTHERN MORTGAGE CORPORATION PROFIT SHARING 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 – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	FIRST SOUTHERN MORTGAGE CORPORATION
Employer identification number (EIN):	621219308
NAIC Classification:	522292
NAIC Description:	Real Estate Credit

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	1988-09-23
Company Identification Number:	M99961
Legal Registered Office Address:	90 EAST LIVINGSTON STREET ORLANDO 32801