Plan Snapshot
- Plan Sponsor: The Southern Banc Company, INC.
- Sponsor EIN: 631146351
- Sponsor Address: 221 SOUTH 6TH STREET, GADSDEN, AL, 35901
- Plan Type: DC
- Total Participants: 25
- Total Assets: $243,897
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
| 2025 | 25 | $243,897 | $0 | $0 |
| 2024 | 23 | $277,992 | $0 | $0 |
| 2023 | 26 | $290,824 | $0 | $0 |
| 2022 | 19 | $308,325 | $0 | $0 |