| Plan Name | FIRST STATE BANK OF THE SOUTH, INC. 401(K) PROFIT |
| Plan identification number | 001 |
| 401k Plan Type | Defined Contribution Pension |
| Plan Features/Benefits |
|
| Company Name: | FIRST STATE BANK OF THE SOUTH, INC. |
| Employer identification number (EIN): | 630903224 |
| NAIC Classification: | 522110 |
| NAIC Description: | Commercial Banking |
Additional information about FIRST STATE BANK OF THE SOUTH, INC.
| Jurisdiction of Incorporation: | Alabama Secretary of State |
| Incorporation Date: | 1985-05-02 |
| Company Identification Number: | 103-757 |
| Legal Registered Office Address: |
ELM & MAIN STREET SULLIGENT, United States of America (USA) 35586 |
More information about FIRST STATE BANK OF THE SOUTH, INC.
| Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
|---|---|---|---|---|---|
| 001 | 2023-01-01 | JOHN F. BOYETT | 2024-06-03 | ||
| 001 | 2022-01-01 | JOHN F. BOYETT | 2023-06-22 | ||
| 001 | 2021-01-01 | JOHN F. BOYETT | 2022-06-27 | ||
| 001 | 2020-01-01 | JOHN F. BOYETT | 2021-07-16 | ||
| 001 | 2019-01-01 | JOHN F. BOYETT | 2020-06-11 | ||
| 001 | 2018-01-01 | JOHN F. BOYETT | 2019-05-17 | ||
| 001 | 2017-01-01 | JOHN F. BOYETT | 2018-06-07 | ||
| 001 | 2016-01-01 | JOHN F. BOYETT | 2017-06-05 | ||
| 001 | 2015-01-01 | JOHN F. BOYETT | 2016-07-05 | ||
| 001 | 2014-01-01 | JOHN F. BOYETT | 2015-07-02 | ||
| 001 | 2013-01-01 | JOHN F. BOYETT | 2014-07-10 | ||
| 001 | 2012-01-01 | JOHN F. BOYETT | 2013-07-09 | ||
| 001 | 2011-01-01 | JOHN F. BOYETT | 2012-07-18 | ||
| 001 | 2010-01-01 | JOHN F. BOYETT | 2011-07-27 | JOHN F. BOYETT | 2011-07-27 |
| Measure | Date | Value |
|---|---|---|
| 2025 : FIRST STATE BANK OF THE SOUTH, INC. 401(K) PROFIT 2025 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2025-04-30 | 15371 |
| Net assets as of the end of the plan year | 2025-04-30 | 1603689 |
| Total assets as of the beginning of the plan year | 2025-04-30 | 1285835 |
| Value of plan covered by a fidelity bond | 2025-04-30 | 4000000 |
| Participant contributions to plan in this plan year | 2025-04-30 | 88950 |
| Value of participant loans at end of plan year | 2025-04-30 | 2611 |
| Other income to plan in this plan year | 2025-04-30 | 210684 |
| Plan net income in this plan year | 2025-04-30 | 317854 |
| Net assets as of the end of the plan year | 2025-04-30 | 1603689 |
| Net assets as of the beginning of the plan year | 2025-04-30 | 1285835 |
| Employer contributions to plan in this plan year | 2025-04-30 | 33591 |
| Fees paid to broker by Benefit Provider | 2025-04-30 | 1 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2025-04-30 | 9371 |
| 2024 : FIRST STATE BANK OF THE SOUTH, INC. 401(K) PROFIT 2024 401k financial data | ||
| Total expenses incurred by plan in this plan year | 2024-06-03 | 13855 |
| Net assets as of the end of the plan year | 2024-06-03 | 1285835 |
| Total assets as of the beginning of the plan year | 2024-06-03 | 1010110 |
| Value of plan covered by a fidelity bond | 2024-06-03 | 4000000 |
| Participant contributions to plan in this plan year | 2024-06-03 | 45109 |
| Value of participant loans at end of plan year | 2024-06-03 | 11415 |
| Other income to plan in this plan year | 2024-06-03 | 244471 |
| Plan net income in this plan year | 2024-06-03 | 275725 |
| Net assets as of the end of the plan year | 2024-06-03 | 1285835 |
| Net assets as of the beginning of the plan year | 2024-06-03 | 1010110 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2024-06-03 | 7636 |
| 2022 : FIRST STATE BANK OF THE SOUTH, INC. 401(K) PROFIT 2022 401k financial data | ||
| Total transfers to/from plan in this plan year | 2022-06-27 | 0 |
| Total liabilities as of the end of the plan year | 2022-06-27 | 0 |
| Total liabilities as of the beginning of the plan year | 2022-06-27 | 0 |
| Total expenses incurred by plan in this plan year | 2022-06-27 | 311558 |
| Net assets as of the end of the plan year | 2022-06-27 | 1245874 |
| Total assets as of the beginning of the plan year | 2022-06-27 | 1368548 |
| Value of plan covered by a fidelity bond | 2022-06-27 | 4000000 |
| Participant contributions to plan in this plan year | 2022-06-27 | 29360 |
| Value of participant loans at end of plan year | 2022-06-27 | 56147 |
| Other expenses paid from plan in this plan year | 2022-06-27 | 0 |
| Other contributions to plan in this plan year | 2022-06-27 | 0 |
| Other income to plan in this plan year | 2022-06-27 | 159524 |
| Plan net income in this plan year | 2022-06-27 | -122674 |
| Net assets as of the end of the plan year | 2022-06-27 | 1245874 |
| Net assets as of the beginning of the plan year | 2022-06-27 | 1368548 |
| Employer contributions to plan in this plan year | 2022-06-27 | 0 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-06-27 | 260 |