401(k) · DOL Form 5500 · 2024
Security Federal Savings Bank 401(k) Plan
Data updated 2026-08-25
- $7M
- Total assets Small plan by assets
- 76
- Participants Small participant base
- 49th
- Percentile by assets National rank
- $93,772
- Avg per participant Below avg balance/head
Official DOL plan name: Security Federal Savings Bank Employees' Retirement Readiness Plan · Sponsored by Security Federal Savings Bank · Indiana · Finance & Insurance
$7M in assets, 76 participants
Security Federal Savings Bank's Security Federal Savings Bank Employees' Retirement Readiness Plan reported $7M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.
- #2,853 in Finance & Insurance (8,549 peers)
Security Federal Savings Bank multi-year trail
Security Federal Savings Bank's plans moved +35.5% in assets from 2022 to 2024; this filing shows Security Federal Savings Bank Employees' Retirement Readiness Plan at $7M / 76 participants.
- #2,853
- in Finance & Insurance (8,549 peers)
- +24.8%
- assets growth YoY
Security Federal Savings Bank Employees' Retirement Readiness Plan's mid-pack asset rank among Finance & Insurance and all filers
Security Federal Savings Bank Employees' Retirement Readiness Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,126,653 49th percentile higher than 49% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Security Federal Savings Bank Employees' Retirement Readiness Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Security Federal Savings Bank Employees' Retirement Readiness Plan is a small filing (76 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2024
- Security Federal Savings Bank Employees' Retirement Readiness Plan reported net income rose from -$906K in the plan year 2022 filing to $1M in the plan year 2024 filing.
- Security Federal Savings Bank Employees' Retirement Readiness Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2024 filing.
- Security Federal Savings Bank Employees' Retirement Readiness Plan reported participants fell from 84 in the plan year 2022 filing to 76 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 350309780 · Security Federal Savings Bank PY 2024 · 401(k)
Security Federal Savings Bank Employees' Retirement Readiness Plan · $7M · 76 · 49th
- SCH $7M
- SCH 76
- SCH 49th
- SCH 401(k)
- SCH near Selip & Stylianou, LLP 401(k) Savings Plan
- SCH ind #2853
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 Indiana →
Security Federal Savings Bank Employees' Retirement Readiness Plan in the asset neighbourhood
Security Federal Savings Bank multi-year asset trail
Sponsor-wide plan assets over time
All Security Federal Savings Bank plans reported in each filing year
- Latest sponsor-wide plan assets
- $7M 35.461791908239604% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 84 | $5M |
| 2024 | 1 | 76 | $7M |
Security Federal Savings Bank filing trail (2024)
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $7M |
| Net Income | $1M |
| Employer EIN | 350309780 |
| Plan Effective Date | 2004-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Lilly Employee 401(k) Plan $13.1B · 19,977
- Elevance Health 401(k) Plan $12.1B · 73,120
- Cummins Retirement and Savings Plan $6.4B · 30,272
- Iu Health 401(k) Savings Plan $4.5B · 38,460
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385
Security Federal Savings Bank Employees' Retirement Readiness Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Selip & Stylianou, LLP 401(k) Savings Plan in NY ($7M); by covered participants it is Maxalea, Inc. 401(k) Plan in MD (76 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7M here).
- Selip & Stylianou, LLP 401(k) Savings Plan (NY) $7M · 137
- Braun Electric Company, Inc. 401(k) Plan (CA) $7M · 124
- Sounds True Inc. 401(k) Plan (CO) $7M · 110
- Evergreen Recycling, LLC 401(k) Plan (TX) $7M · 389
Similar participant headcount
Nearest other-state filings by covered participants (76 participants); asset peers above are excluded.
- Maxalea, Inc. 401(k) Plan (MD) 76 · 0 off
- Conceptions Reproductive Associates 401(k) Plan (CO) 76 · 0 off
- Generations Bank 401(k) Plan (NY) 76 · 0 off
- Ursuline Academy Dedham 401(k) Plan (MA) 76 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.