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FIRST SECURITY BANK OF ROUNDUP 401K PLAN 401k Plan overview

Plan NameFIRST SECURITY BANK OF ROUNDUP 401K PLAN
Plan identification number 001

FIRST SECURITY BANK OF ROUNDUP 401K PLAN Benefits

401k Plan TypeDefined 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Plan covering Self-Employed individuals.
  • 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 SECURITY BANK OF ROUNDUP has sponsored the creation of one or more 401k plans.

Company Name:FIRST SECURITY BANK OF ROUNDUP
Employer identification number (EIN):810307477
NAIC Classification:522110
NAIC Description:Commercial Banking

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FIRST SECURITY BANK OF ROUNDUP 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01PLAN SPONSOR2024-05-20
0012022-01-01PLAN SPONSOR2023-09-06
0012021-01-01PLAN SPONSOR2022-09-06
0012020-01-01PLAN SPONSOR2021-06-17
0012020-01-01PLAN SPONSOR2021-12-10
0012018-01-01PLAN SPONSOR2019-08-14
0012017-01-01PLAN SPONSOR2018-08-22
0012016-01-01PLAN SPONSOR2017-07-24
0012013-01-01KERRI MARKING2014-05-05
0012012-01-01KERRI MARKING2013-06-13
0012011-01-01KERRI MARKING2012-05-29
0012010-01-01KERRI MARKING2011-03-18

Plan Statistics for FIRST SECURITY BANK OF ROUNDUP 401K PLAN

401k plan membership statisitcs for FIRST SECURITY BANK OF ROUNDUP 401K PLAN

Measure Date Value
2025: FIRST SECURITY BANK OF ROUNDUP 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-169
Total number of particpants at end of year2025-07-169
Number of Participants With Account Balances2025-07-169
2024: FIRST SECURITY BANK OF ROUNDUP 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-05-209
Total number of particpants at end of year2024-05-208
Number of Participants With Account Balances2024-05-208

Financial Data on FIRST SECURITY BANK OF ROUNDUP 401K PLAN

Measure Date Value
2025 : FIRST SECURITY BANK OF ROUNDUP 401K PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-160
Total liabilities as of the end of the plan year2025-07-160
Total liabilities as of the beginning of the plan year2025-07-160
Total expenses incurred by plan in this plan year2025-07-16182753
Net assets as of the end of the plan year2025-07-161661720
Total assets as of the beginning of the plan year2025-07-161554256
Value of plan covered by a fidelity bond2025-07-161825000
Participant contributions to plan in this plan year2025-07-1678626
Other expenses paid from plan in this plan year2025-07-160
Other contributions to plan in this plan year2025-07-160
Other income to plan in this plan year2025-07-16174338
Plan net income in this plan year2025-07-16107464
Net assets as of the end of the plan year2025-07-161661720
Net assets as of the beginning of the plan year2025-07-161554256
Value of contributions failed to transmitted timely2025-07-1650
Employer contributions to plan in this plan year2025-07-1637253
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-168049
2024 : FIRST SECURITY BANK OF ROUNDUP 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-05-200
Total liabilities as of the end of the plan year2024-05-200
Total liabilities as of the beginning of the plan year2024-05-200
Total expenses incurred by plan in this plan year2024-05-208642
Net assets as of the end of the plan year2024-05-201554256
Total assets as of the beginning of the plan year2024-05-201266804
Value of plan covered by a fidelity bond2024-05-201825000
Participant contributions to plan in this plan year2024-05-2075062
Other expenses paid from plan in this plan year2024-05-200
Other contributions to plan in this plan year2024-05-200
Other income to plan in this plan year2024-05-20194101
Plan net income in this plan year2024-05-20287452
Net assets as of the end of the plan year2024-05-201554256
Net assets as of the beginning of the plan year2024-05-201266804
Value of contributions failed to transmitted timely2024-05-2060
Employer contributions to plan in this plan year2024-05-2026931
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-206810

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