# Security Bancorp Of Tennessee, INC. 401(k) Plan
Source: https://planprovider.pro/companies/security-bancorp-of-tennessee-inc-401k-plan

> Security Bancorp Of Tennessee, INC.'s 401(k) plan: 130 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/security-bancorp-of-tennessee-inc-401k-plan)

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