Plan Snapshot
- Plan Sponsor: Security Bancorp Of Tennessee, INC.
- Sponsor EIN: 621261509
- Sponsor Address: P. O. BOX 525, DYERSBURG, TN, 38025
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $21.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 130 | $21.7M | $295,048 | $339,148 |
| 2023 | 121 | $19.4M | $277,029 | $284,332 |
| 2022 | 130 | $19.9M | $291,805 | $306,917 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ATA,PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ATA,PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$13,546 | — | -$13,546 | — | — |
| 2023 | -$9,220 | — | -$12,333 | — | — |
| 2022 | -$7,985 | — | -$7,985 | — | — |