ESOP · DOL Form 5500 · 2022

Security Bancorp., Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
44
Participants Small participant base
27th
Percentile by assets National rank
$26,510
Avg per participant Low balance/head
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Official DOL plan name: Security Bancorp, Inc. Employee Stock Ownership Plan · Sponsored by Security Bancorp., Inc. · Tennessee · Finance & Insurance

$1M in assets, 44 participants

Security Bancorp., Inc.'s Security Bancorp, Inc. Employee Stock Ownership Plan reported $1M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 27th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,642 in Finance & Insurance (9,261 peers)

Security Bancorp., Inc. multi-year trail

Security Bancorp., Inc.'s plans moved -83.2% in assets from 2022 to 2024; this filing shows Security Bancorp, Inc. Employee Stock Ownership Plan at $1M / 44 participants.

#1,642
in Finance & Insurance (9,261 peers)
-28.5%
assets change YoY

The plan reported a net loss of $465K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Security Bancorp, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Security Bancorp, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,166,440 27th percentile higher than 27% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Security Bancorp, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security Bancorp, Inc. Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 620629159 · Security Bancorp., Inc. PY 2022 · ESOP

Security Bancorp, Inc. Employee Stock Ownership Plan · $1M · 44 · 27th

  • ASSETS $1M
  • ASSETS 44
  • ASSETS 27th
  • ASSETS ESOP
  • ASSETS near Jet Rubber Company Employee Stock Ownership Plan
  • ASSETS ind #1642

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Tennessee →

Security Bancorp, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Security Bancorp, Inc. Employee Stock Ownership PlanSecurity Bancorp, Inc. Emplo…$1MJet Rubber Company Employee Stock Ownership PlanJet Rubber Company Employee …$1MIrwin Broh & Associates, Inc. Employee Stock Ownership Plan & TrustIrwin Broh & Associates, Inc…$1MAir Conditioning & Heating Service Company Employee Stock Ownership PlanAir Conditioning & Heating S…$1MSoiltest Farm Consultants, Inc Employee Stock Ownership PlanSoiltest Farm Consultants, I…$1M
End-of-year total assets ($M) among Security Bancorp, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Security Bancorp., Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Security Bancorp., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 83.17994466636135% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $7.11M $1.2M ▼ -83.1%
Year Plans Participants Total Assets
2022 2 91 $7M
2023 1 46 $1M
2024 1 41 $1M

Security Bancorp., Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$465K
Employer EIN620629159
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Tennessee

Peer ESOP plans, same state, same plan type, ranked by total assets.

Security Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -1000100200300400500 Total assets ($M) Participants Security Bancorp, Inc. Employee Stock Ownership Plan, Total assets ($M): 1.16644 · Participants: 44Security Bancorp, Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 448.826239 · Participants: 312Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 199.960184 · Participants: 184Zander Group Holdings, Inc. Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.475903 · Participants: 5053ls, Inc. Employee Stock Ownership PlanPaladin Capital, Inc. ESOP, Total assets ($M): 99.01375 · Participants: 3771Paladin Capital, Inc. ESOPChurchill Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 93.135811 · Participants: 512Churchill Holdings, Inc. Employee Stock Ownership Plan
Security Bancorp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Security Bancorp, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Security Bancorp, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Jet Rubber Company Employee Stock Ownership Plan in OH ($1M); by covered participants it is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Security Bancorp, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Security Bancorp, Inc. Employee Stock Ownership Plan declined sharply - down 28.5% during 2022, from $2M to $1M. Reported net income was -$465K.
How have Security Bancorp., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Security Bancorp., Inc.'s sponsor-wide assets declined 83.2%, from $7M to $1M.
Which ESOP plans are similar in size to Security Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Jet Rubber Company Employee Stock Ownership Plan in OH ($1M, 15 participants).
Which ESOP plans cover a similar participant headcount to Security Bancorp, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620629159.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.