Plan Snapshot
- Plan Sponsor: Swainsboro Bankshares, INC.
- Sponsor EIN: 582004339
- Sponsor Address: 121 NORTH MAIN STREET, SWAINSBORO, GA, 30401
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $6.7M
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 | 62 | $6.7M | $100,396 | $309,131 |
| 2023 | 65 | $5.8M | $91,842 | $283,761 |
| 2022 | 68 | $5.3M | $78,708 | $245,910 |