401k Plan data: SECURITY STATE BANK SAVINGS INCENTIVE PLAN plan

SECURITY STATE BANK SAVINGS INCENTIVE PLAN 401k Plan overview

Plan Name	SECURITY STATE BANK SAVINGS INCENTIVE PLAN
Plan identification number	002

SECURITY STATE BANK SAVINGS INCENTIVE PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
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

SECURITY STATE BANK has sponsored the creation of one or more 401k plans.

Company Name: SECURITY STATE BANK

Employer identification number (EIN): 730440370

NAIC Classification: 522110
NAIC Description: Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan SECURITY STATE BANK SAVINGS INCENTIVE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 STUART SANDER 2024-05-03
002 2022-01-01 STUART SANDER 2023-03-05
002 2021-01-01 STUART SANDER 2022-03-11
002 2020-01-01 STUART SANDER 2021-03-02
002 2019-01-01 STUART SANDER 2020-01-31
002 2018-01-01 STUART SANDER 2019-03-07
002 2017-01-01 STUART SANDER
002 2016-01-01 STUART SANDER
002 2015-01-01 STUART SANDER
002 2014-01-01 STUART SANDER
002 2013-01-01 STUART SANDER
002 2012-01-01 STUART SANDER
002 2011-01-01 STUART SANDER
002 2010-01-01 STUART SANDER
002 2009-01-01 STUART SANDER
002 2009-01-01 STUART SANDER

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	STUART SANDER	2024-05-03
002	2022-01-01	STUART SANDER	2023-03-05
002	2021-01-01	STUART SANDER	2022-03-11
002	2020-01-01	STUART SANDER	2021-03-02
002	2019-01-01	STUART SANDER	2020-01-31
002	2018-01-01	STUART SANDER	2019-03-07
002	2017-01-01	STUART SANDER
002	2016-01-01	STUART SANDER
002	2015-01-01	STUART SANDER
002	2014-01-01	STUART SANDER
002	2013-01-01	STUART SANDER
002	2012-01-01	STUART SANDER
002	2011-01-01	STUART SANDER
002	2010-01-01	STUART SANDER
002	2009-01-01	STUART SANDER
002	2009-01-01	STUART SANDER

Financial Data on SECURITY STATE BANK SAVINGS INCENTIVE PLAN

Measure	Date	Value
2025 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-03-20	96922
Net assets as of the end of the plan year	2025-03-20	4938829
Total assets as of the beginning of the plan year	2025-03-20	4035006
Value of plan covered by a fidelity bond	2025-03-20	2050000
Participant contributions to plan in this plan year	2025-03-20	153337
Other income to plan in this plan year	2025-03-20	712109
Plan net income in this plan year	2025-03-20	903823
Net assets as of the end of the plan year	2025-03-20	4938829
Net assets as of the beginning of the plan year	2025-03-20	4035006
Employer contributions to plan in this plan year	2025-03-20	135299
Fees paid to broker by Benefit Provider	2025-03-20	3588
2024 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-05-03	633244
Net assets as of the end of the plan year	2024-05-03	4035006
Total assets as of the beginning of the plan year	2024-05-03	3666307
Value of plan covered by a fidelity bond	2024-05-03	2050000
Participant contributions to plan in this plan year	2024-05-03	170407
Other contributions to plan in this plan year	2024-05-03	4812
Other income to plan in this plan year	2024-05-03	681323
Plan net income in this plan year	2024-05-03	368699
Net assets as of the end of the plan year	2024-05-03	4035006
Net assets as of the beginning of the plan year	2024-05-03	3666307
Employer contributions to plan in this plan year	2024-05-03	145401
2022 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year	2022-03-11	11335
Net assets as of the end of the plan year	2022-03-11	4067157
Total assets as of the beginning of the plan year	2022-03-11	3102440
Value of plan covered by a fidelity bond	2022-03-11	1000000
Participant contributions to plan in this plan year	2022-03-11	162048
Other income to plan in this plan year	2022-03-11	678998
Plan net income in this plan year	2022-03-11	964717
Net assets as of the end of the plan year	2022-03-11	4067157
Net assets as of the beginning of the plan year	2022-03-11	3102440
Employer contributions to plan in this plan year	2022-03-11	135006
2017 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2017 401k financial data
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$447,981
Expenses. Total of all expenses incurred	2017-12-31	$471,178
Benefits paid (including direct rollovers)	2017-12-31	$471,178
Total plan assets at end of year	2017-12-31	$1,745,893
Total plan assets at beginning of year	2017-12-31	$1,769,090
Value of fidelity bond covering the plan	2017-12-31	$1,000,000
Total contributions received or receivable from participants	2017-12-31	$97,457
Contributions received from other sources (not participants or employers)	2017-12-31	$20,621
Other income received	2017-12-31	$251,467
Net income (gross income less expenses)	2017-12-31	$-23,197
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$1,745,893
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,769,090
Total contributions received or receivable from employer(s)	2017-12-31	$78,436
Value of certain deemed distributions of participant loans	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$0
2016 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2016 401k financial data
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$283,944
Expenses. Total of all expenses incurred	2016-12-31	$60,177
Benefits paid (including direct rollovers)	2016-12-31	$60,177
Total plan assets at end of year	2016-12-31	$1,769,090
Total plan assets at beginning of year	2016-12-31	$1,545,323
Value of fidelity bond covering the plan	2016-12-31	$1,000,000
Total contributions received or receivable from participants	2016-12-31	$97,313
Other income received	2016-12-31	$111,566
Net income (gross income less expenses)	2016-12-31	$223,767
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,769,090
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,545,323
Total contributions received or receivable from employer(s)	2016-12-31	$75,065
2015 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2015 401k financial data
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$157,433
Expenses. Total of all expenses incurred	2015-12-31	$187,516
Benefits paid (including direct rollovers)	2015-12-31	$187,516
Total plan assets at end of year	2015-12-31	$1,545,323
Total plan assets at beginning of year	2015-12-31	$1,575,406
Value of fidelity bond covering the plan	2015-12-31	$1,000,000
Total contributions received or receivable from participants	2015-12-31	$105,379
Other income received	2015-12-31	$-26,634
Net income (gross income less expenses)	2015-12-31	$-30,083
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,545,323
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,575,406
Total contributions received or receivable from employer(s)	2015-12-31	$78,688
2014 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$253,654
Expenses. Total of all expenses incurred	2014-12-31	$23,183
Benefits paid (including direct rollovers)	2014-12-31	$23,183
Total plan assets at end of year	2014-12-31	$1,575,406
Total plan assets at beginning of year	2014-12-31	$1,344,935
Value of fidelity bond covering the plan	2014-12-31	$1,050,000
Total contributions received or receivable from participants	2014-12-31	$99,672
Contributions received from other sources (not participants or employers)	2014-12-31	$600
Other income received	2014-12-31	$80,782
Net income (gross income less expenses)	2014-12-31	$230,471
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,575,406
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,344,935
Total contributions received or receivable from employer(s)	2014-12-31	$72,600
Value of certain deemed distributions of participant loans	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$0
2013 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2013 401k financial data
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$338,733
Expenses. Total of all expenses incurred	2013-12-31	$76,253
Benefits paid (including direct rollovers)	2013-12-31	$76,253
Total plan assets at end of year	2013-12-31	$1,344,935
Total plan assets at beginning of year	2013-12-31	$1,082,455
Value of fidelity bond covering the plan	2013-12-31	$1,050,000
Total contributions received or receivable from participants	2013-12-31	$90,725
Contributions received from other sources (not participants or employers)	2013-12-31	$2,380
Other income received	2013-12-31	$176,007
Net income (gross income less expenses)	2013-12-31	$262,480
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,344,935
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,082,455
Total contributions received or receivable from employer(s)	2013-12-31	$69,621
2012 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2012 401k financial data
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$213,650
Expenses. Total of all expenses incurred	2012-12-31	$151,117
Benefits paid (including direct rollovers)	2012-12-31	$151,117
Total plan assets at end of year	2012-12-31	$1,082,455
Total plan assets at beginning of year	2012-12-31	$1,019,922
Value of fidelity bond covering the plan	2012-12-31	$1,050,000
Total contributions received or receivable from participants	2012-12-31	$78,324
Other income received	2012-12-31	$74,015
Net income (gross income less expenses)	2012-12-31	$62,533
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,082,455
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$1,019,922
Total contributions received or receivable from employer(s)	2012-12-31	$61,311
2011 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2011 401k financial data
Total plan liabilities at end of year	2011-12-31	$0
Total plan liabilities at beginning of year	2011-12-31	$0
Total income from all sources	2011-12-31	$119,085
Expenses. Total of all expenses incurred	2011-12-31	$148,964
Benefits paid (including direct rollovers)	2011-12-31	$148,964
Total plan assets at end of year	2011-12-31	$1,019,922
Total plan assets at beginning of year	2011-12-31	$1,049,801
Value of fidelity bond covering the plan	2011-12-31	$1,050,000
Total contributions received or receivable from participants	2011-12-31	$81,273
Other income received	2011-12-31	$-22,326
Net income (gross income less expenses)	2011-12-31	$-29,879
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$1,019,922
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$1,049,801
Total contributions received or receivable from employer(s)	2011-12-31	$60,138
2010 : SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2010 401k financial data
Total plan liabilities at end of year	2010-12-31	$0
Total plan liabilities at beginning of year	2010-12-31	$0
Total income from all sources	2010-12-31	$217,122
Expenses. Total of all expenses incurred	2010-12-31	$113,438
Benefits paid (including direct rollovers)	2010-12-31	$113,438
Total plan assets at end of year	2010-12-31	$1,049,801
Total plan assets at beginning of year	2010-12-31	$946,117
Value of fidelity bond covering the plan	2010-12-31	$1,000,000
Total contributions received or receivable from participants	2010-12-31	$73,006
Other income received	2010-12-31	$88,834
Net income (gross income less expenses)	2010-12-31	$103,684
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$1,049,801
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$946,117
Total contributions received or receivable from employer(s)	2010-12-31	$55,282

Form 5500 Responses for SECURITY STATE BANK SAVINGS INCENTIVE PLAN

2017: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: SECURITY STATE BANK SAVINGS INCENTIVE PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Plan funding arrangement – Insurance	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number	87180035
Policy instance	1

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The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
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Company Name:	SECURITY STATE BANK
Employer identification number (EIN):	730440370
NAIC Classification:	522110
NAIC Description:	Commercial Banking