401(k) · DOL Form 5500 · 2023

Security Bancshares Inc 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
89
Participants Small participant base
74th
Percentile by assets National rank
$239,184
Avg per participant Above avg balance/head
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Official DOL plan name: Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions · Sponsored by Security Bancshares Inc · Kansas · Finance & Insurance

$21M in assets, 89 participants

Security Bancshares Inc's Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions reported $21M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #5,384 in Finance & Insurance (8,869 peers)

Security Bancshares Inc multi-year trail

Security Bancshares Inc's plans moved +38.3% in assets from 2022 to 2024; this filing shows Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions at $21M / 89 participants.

#5,384
in Finance & Insurance (8,869 peers)
+19.6%
assets growth YoY

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions's outsized position by total assets

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$21,287,383 Top 26% higher than 74% of 127,068 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 2023

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions reported net income rose from -$704K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions end-of-year assets rose from $18M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions reported participants rose from 81 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 481035227 · Security Bancshares Inc PY 2023 · 401(k)

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions · $21M · 89 · 74th

  • NET $21M
  • NET 89
  • NET 74th
  • NET 401(k)
  • NET near Sun Gro Holdings Inc. Retirement Savings Plan
  • NET ind #5384

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 Finance & Insurance retirement plans → · Plans in Kansas →

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions in the asset neighbourhood

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) ProvisionsSecurity Bancshares Inc Empl…$21MSun Gro Holdings Inc. Retirement Savings PlanSun Gro Holdings Inc. Retire…$21MBurkert USA Corp Plan and Retirement TrustBurkert USA Corp Plan and Re…$21MHawaii Pacific Foundation 401(k) PlanHawaii Pacific Foundation 40…$21MCrown Bakeries Retirement PlanCrown Bakeries Retirement Pl…$21M
End-of-year total assets ($M) among Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Security Bancshares Inc multi-year asset trail

Sponsor-wide plan assets over time

All Security Bancshares Inc plans reported in each filing year

Latest sponsor-wide plan assets
$25M 38.31262319133283% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.8M $24.6M ▲ +38.3%
Year Plans Participants Total Assets
2022 1 81 $18M
2023 1 89 $21M
2024 1 96 $25M

Security Bancshares Inc filing trail (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$21M
Net Income$3M
Employer EIN481035227
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Kansas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions, Total assets ($B): 0.021287383 · Participants: 89Security Bancshares Inc Employee Stock Ownership Plan with 401(k) ProvisionsKoch Employees' Savings Plan, Total assets ($B): 3.870107696 · Participants: 11911Koch Employees' Savings PlanPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 2.90283952 · Participants: 1223Performance Contracting Group, Inc. ESOP/401(k) PlanBlack & Veatch Retirement Program, Total assets ($B): 2.732675203 · Participants: 6890Black & Veatch Retirement ProgramGarmin International, Inc. Retirement Plan, Total assets ($B): 1.784810901 · Participants: 6332Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.15584277 · Participants: 7704Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions vs. nearby 401(k) plans in Kansas, assets vs. participants

Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is Sun Gro Holdings Inc. Retirement Savings Plan in MA ($21M); by covered participants it is Cross Country 401(k) Plan in TX (89 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (89 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions assets move in 2023?
Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions grew sharply - up 19.6% during 2023, from $18M to $21M. Reported net income was $3M.
How have Security Bancshares Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Security Bancshares Inc's sponsor-wide assets grew 38.3%, from $18M to $25M.
Which 401(k) plans are similar in size to Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions?
Among 401(k) plans in other states, the closest by assets is Sun Gro Holdings Inc. Retirement Savings Plan in MA ($21M, 229 participants).
Which 401(k) plans cover a similar participant headcount to Security Bancshares Inc Employee Stock Ownership Plan with 401(k) Provisions?
Among 401(k) plans in other states, the closest by covered participants is Cross Country 401(k) Plan in TX (89 participants, N/A in assets).