Security Federal Corporation
Plan context: Security Federal Corporation Employee Stock Ownership Plan
EIN 57-0858504 • 10 filings • 1 plans
Current Snapshot
Latest Year
2008
2008 Participants
157
2008 Assets
$29,760
2008 Contributions
$230,578
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2008 | 1 | 0 | $0 | $0 | - |
| Security Federal Corporation Employee Stock Ownership Plan | - | 0 | - | - | - |
| 2007 | 1 | 0 | $29,760 | $0 | - |
| Security Federal Corporation Employee Stock Ownership Plan | - | 0 | $29,760 | - | - |
| 2006 | 1 | 157 | $2,104,367 | $230,578 | $1,469iApproximate average salary by contribution assumption: employee only about $36,716 at 4% or $24,477 at 6%; with 50% employer match about $24,477 at 4% or $16,318 at 6%; with 100% employer match about $18,358 at 4% or $12,239 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 157 | $2,104,367 | $230,578 | $1,469iApproximate average salary by contribution assumption: employee only about $36,716 at 4% or $24,477 at 6%; with 50% employer match about $24,477 at 4% or $16,318 at 6%; with 100% employer match about $18,358 at 4% or $12,239 at 6%. |
| 2005 | 1 | 150 | $2,151,764 | $75,000 | $500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 150 | $2,151,764 | $75,000 | $500iApproximate average salary by contribution assumption: employee only about $12,500 at 4% or $8,333 at 6%; with 50% employer match about $8,333 at 4% or $5,556 at 6%; with 100% employer match about $6,250 at 4% or $4,167 at 6%. |
| 2004 | 1 | 139 | $1,915,966 | $75,000 | $540iApproximate average salary by contribution assumption: employee only about $13,489 at 4% or $8,993 at 6%; with 50% employer match about $8,993 at 4% or $5,995 at 6%; with 100% employer match about $6,745 at 4% or $4,496 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 139 | $1,915,966 | $75,000 | $540iApproximate average salary by contribution assumption: employee only about $13,489 at 4% or $8,993 at 6%; with 50% employer match about $8,993 at 4% or $5,995 at 6%; with 100% employer match about $6,745 at 4% or $4,496 at 6%. |
| 2003 | 1 | 124 | $2,274,462 | $122,825 | $991iApproximate average salary by contribution assumption: employee only about $24,763 at 4% or $16,509 at 6%; with 50% employer match about $16,509 at 4% or $11,006 at 6%; with 100% employer match about $12,382 at 4% or $8,254 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 124 | $2,274,462 | $122,825 | $991iApproximate average salary by contribution assumption: employee only about $24,763 at 4% or $16,509 at 6%; with 50% employer match about $16,509 at 4% or $11,006 at 6%; with 100% employer match about $12,382 at 4% or $8,254 at 6%. |
| 2002 | 1 | 122 | $2,077,791 | $113,211 | $928iApproximate average salary by contribution assumption: employee only about $23,199 at 4% or $15,466 at 6%; with 50% employer match about $15,466 at 4% or $10,311 at 6%; with 100% employer match about $11,599 at 4% or $7,733 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 122 | $2,077,791 | $113,211 | $928iApproximate average salary by contribution assumption: employee only about $23,199 at 4% or $15,466 at 6%; with 50% employer match about $15,466 at 4% or $10,311 at 6%; with 100% employer match about $11,599 at 4% or $7,733 at 6%. |
| 2001 | 1 | 126 | $2,064,512 | $64,562 | $512iApproximate average salary by contribution assumption: employee only about $12,810 at 4% or $8,540 at 6%; with 50% employer match about $8,540 at 4% or $5,693 at 6%; with 100% employer match about $6,405 at 4% or $4,270 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 126 | $2,064,512 | $64,562 | $512iApproximate average salary by contribution assumption: employee only about $12,810 at 4% or $8,540 at 6%; with 50% employer match about $8,540 at 4% or $5,693 at 6%; with 100% employer match about $6,405 at 4% or $4,270 at 6%. |
| 2000 | 1 | 116 | $1,809,607 | $57,210 | $493iApproximate average salary by contribution assumption: employee only about $12,330 at 4% or $8,220 at 6%; with 50% employer match about $8,220 at 4% or $5,480 at 6%; with 100% employer match about $6,165 at 4% or $4,110 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 116 | $1,809,607 | $57,210 | $493iApproximate average salary by contribution assumption: employee only about $12,330 at 4% or $8,220 at 6%; with 50% employer match about $8,220 at 4% or $5,480 at 6%; with 100% employer match about $6,165 at 4% or $4,110 at 6%. |
| 1999 | 1 | 99 | $1,853,618 | $63,072 | $637iApproximate average salary by contribution assumption: employee only about $15,927 at 4% or $10,618 at 6%; with 50% employer match about $10,618 at 4% or $7,079 at 6%; with 100% employer match about $7,964 at 4% or $5,309 at 6%. |
| Security Federal Corporation Employee Stock Ownership Plan | - | 99 | $1,853,618 | $63,072 | $637iApproximate average salary by contribution assumption: employee only about $15,927 at 4% or $10,618 at 6%; with 50% employer match about $10,618 at 4% or $7,079 at 6%; with 100% employer match about $7,964 at 4% or $5,309 at 6%. |