Security Bancshares Inc401(k) + ESOP (KSOP)
SECURITY BANCSHARES INC EMPLOYEE STOCK OWNERSHIP PLAN WITH 401K PROVISIONS · SCOTT CITY, KS · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Security Bancshares Inc reported $250 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,280 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 254th-largest of 828 plans among Kansas employers on file, and 2,731st of 4,798 in finance & insurance. In 2024, employees put in $1.41 for every $1.00 the employer contributed.
Security Bancshares Inc's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 481035227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.