SECURITY BANCORP., INC.
Plan context: Security Federal Savings Bank Employee Stock Ownership Plan
EIN 62-0629159 • 47 filings • 4 plans
Current Snapshot
Latest Year
2024
2024 Participants
42
2024 Assets
$1,195,109
2024 Contributions
$282,918
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 |
|---|---|---|---|---|---|
| 2024 | 1 | 42 | $1,195,109 | $0 | - |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 42 | $1,195,109 | - | - |
| 2023 | 1 | 41 | $1,221,599 | $0 | - |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 41 | $1,221,599 | - | - |
| 2022 | 2 | 48 | $7,105,262 | $282,918 | $5,894iApproximate average salary by contribution assumption: employee only about $147,353 at 4% or $98,235 at 6%; with 50% employer match about $98,235 at 4% or $65,490 at 6%; with 100% employer match about $73,677 at 4% or $49,118 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 48 | $5,938,822 | $282,918 | $5,894iApproximate average salary by contribution assumption: employee only about $147,353 at 4% or $98,235 at 6%; with 50% employer match about $98,235 at 4% or $65,490 at 6%; with 100% employer match about $73,677 at 4% or $49,118 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 42 | $1,166,440 | - | - |
| 2021 | 2 | 47 | $9,066,990 | $298,642 | $6,354iApproximate average salary by contribution assumption: employee only about $158,852 at 4% or $105,901 at 6%; with 50% employer match about $105,901 at 4% or $70,601 at 6%; with 100% employer match about $79,426 at 4% or $52,951 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 47 | $7,435,099 | $298,642 | $6,354iApproximate average salary by contribution assumption: employee only about $158,852 at 4% or $105,901 at 6%; with 50% employer match about $105,901 at 4% or $70,601 at 6%; with 100% employer match about $79,426 at 4% or $52,951 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 44 | $1,631,891 | - | - |
| 2020 | 2 | 48 | $7,532,169 | $306,620 | $6,388iApproximate average salary by contribution assumption: employee only about $159,698 at 4% or $106,465 at 6%; with 50% employer match about $106,465 at 4% or $70,977 at 6%; with 100% employer match about $79,849 at 4% or $53,233 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 48 | $6,257,990 | $306,620 | $6,388iApproximate average salary by contribution assumption: employee only about $159,698 at 4% or $106,465 at 6%; with 50% employer match about $106,465 at 4% or $70,977 at 6%; with 100% employer match about $79,849 at 4% or $53,233 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 47 | $1,274,179 | - | - |
| 2019 | 2 | 51 | $6,864,249 | $252,931 | $4,959iApproximate average salary by contribution assumption: employee only about $123,986 at 4% or $82,657 at 6%; with 50% employer match about $82,657 at 4% or $55,105 at 6%; with 100% employer match about $61,993 at 4% or $41,329 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 51 | $5,451,601 | $252,931 | $4,959iApproximate average salary by contribution assumption: employee only about $123,986 at 4% or $82,657 at 6%; with 50% employer match about $82,657 at 4% or $55,105 at 6%; with 100% employer match about $61,993 at 4% or $41,329 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 39 | $1,412,648 | - | - |
| 2018 | 2 | 48 | $5,866,550 | $245,476 | $5,114iApproximate average salary by contribution assumption: employee only about $127,852 at 4% or $85,235 at 6%; with 50% employer match about $85,235 at 4% or $56,823 at 6%; with 100% employer match about $63,926 at 4% or $42,617 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 48 | $4,475,252 | $245,476 | $5,114iApproximate average salary by contribution assumption: employee only about $127,852 at 4% or $85,235 at 6%; with 50% employer match about $85,235 at 4% or $56,823 at 6%; with 100% employer match about $63,926 at 4% or $42,617 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 43 | $1,391,298 | - | - |
| 2017 | 2 | 55 | $5,680,377 | $221,434 | $4,026iApproximate average salary by contribution assumption: employee only about $100,652 at 4% or $67,101 at 6%; with 50% employer match about $67,101 at 4% or $44,734 at 6%; with 100% employer match about $50,326 at 4% or $33,551 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 55 | $4,392,980 | $221,434 | $4,026iApproximate average salary by contribution assumption: employee only about $100,652 at 4% or $67,101 at 6%; with 50% employer match about $67,101 at 4% or $44,734 at 6%; with 100% employer match about $50,326 at 4% or $33,551 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 49 | $1,287,397 | - | - |
| 2016 | 2 | 50 | $4,639,136 | $250,103 | $5,002iApproximate average salary by contribution assumption: employee only about $125,052 at 4% or $83,368 at 6%; with 50% employer match about $83,368 at 4% or $55,578 at 6%; with 100% employer match about $62,526 at 4% or $41,684 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 50 | $3,545,418 | $250,103 | $5,002iApproximate average salary by contribution assumption: employee only about $125,052 at 4% or $83,368 at 6%; with 50% employer match about $83,368 at 4% or $55,578 at 6%; with 100% employer match about $62,526 at 4% or $41,684 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 50 | $1,093,718 | - | - |
| 2015 | 2 | 50 | $4,065,924 | $186,785 | $3,736iApproximate average salary by contribution assumption: employee only about $93,393 at 4% or $62,262 at 6%; with 50% employer match about $62,262 at 4% or $41,508 at 6%; with 100% employer match about $46,696 at 4% or $31,131 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 50 | $3,073,028 | $186,785 | $3,736iApproximate average salary by contribution assumption: employee only about $93,393 at 4% or $62,262 at 6%; with 50% employer match about $62,262 at 4% or $41,508 at 6%; with 100% employer match about $46,696 at 4% or $31,131 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 43 | $992,896 | - | - |
| 2014 | 2 | 50 | $3,933,238 | $183,755 | $3,675iApproximate average salary by contribution assumption: employee only about $91,878 at 4% or $61,252 at 6%; with 50% employer match about $61,252 at 4% or $40,834 at 6%; with 100% employer match about $45,939 at 4% or $30,626 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 50 | $2,978,022 | $183,755 | $3,675iApproximate average salary by contribution assumption: employee only about $91,878 at 4% or $61,252 at 6%; with 50% employer match about $61,252 at 4% or $40,834 at 6%; with 100% employer match about $45,939 at 4% or $30,626 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 34 | $955,216 | - | - |
| 2013 | 2 | 46 | $3,595,691 | $183,974 | $3,999iApproximate average salary by contribution assumption: employee only about $99,986 at 4% or $66,657 at 6%; with 50% employer match about $66,657 at 4% or $44,438 at 6%; with 100% employer match about $49,993 at 4% or $33,329 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 46 | $2,623,355 | $183,974 | $3,999iApproximate average salary by contribution assumption: employee only about $99,986 at 4% or $66,657 at 6%; with 50% employer match about $66,657 at 4% or $44,438 at 6%; with 100% employer match about $49,993 at 4% or $33,329 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 43 | $972,336 | - | - |
| 2012 | 2 | 44 | $3,126,173 | $143,233 | $3,255iApproximate average salary by contribution assumption: employee only about $81,382 at 4% or $54,255 at 6%; with 50% employer match about $54,255 at 4% or $36,170 at 6%; with 100% employer match about $40,691 at 4% or $27,127 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 43 | $2,214,920 | $143,233 | $3,331iApproximate average salary by contribution assumption: employee only about $83,275 at 4% or $55,517 at 6%; with 50% employer match about $55,517 at 4% or $37,011 at 6%; with 100% employer match about $41,638 at 4% or $27,758 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 44 | $911,253 | - | - |
| 2011 | 2 | 45 | $2,925,419 | $189,166 | $4,204iApproximate average salary by contribution assumption: employee only about $105,092 at 4% or $70,061 at 6%; with 50% employer match about $70,061 at 4% or $46,708 at 6%; with 100% employer match about $52,546 at 4% or $35,031 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 43 | $2,061,768 | $189,166 | $4,399iApproximate average salary by contribution assumption: employee only about $109,980 at 4% or $73,320 at 6%; with 50% employer match about $73,320 at 4% or $48,880 at 6%; with 100% employer match about $54,990 at 4% or $36,660 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 45 | $863,651 | - | - |
| 2010 | 2 | 47 | $2,889,592 | $205,694 | $4,376iApproximate average salary by contribution assumption: employee only about $109,412 at 4% or $72,941 at 6%; with 50% employer match about $72,941 at 4% or $48,627 at 6%; with 100% employer match about $54,706 at 4% or $36,471 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 47 | $2,017,532 | $205,694 | $4,376iApproximate average salary by contribution assumption: employee only about $109,412 at 4% or $72,941 at 6%; with 50% employer match about $72,941 at 4% or $48,627 at 6%; with 100% employer match about $54,706 at 4% or $36,471 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 45 | $872,060 | - | - |
| 2009 | 2 | 49 | $2,640,182 | $184,580 | $3,767iApproximate average salary by contribution assumption: employee only about $94,173 at 4% or $62,782 at 6%; with 50% employer match about $62,782 at 4% or $41,855 at 6%; with 100% employer match about $47,087 at 4% or $31,391 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 48 | $1,791,920 | $184,580 | $3,845iApproximate average salary by contribution assumption: employee only about $96,135 at 4% or $64,090 at 6%; with 50% employer match about $64,090 at 4% or $42,727 at 6%; with 100% employer match about $48,068 at 4% or $32,045 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 49 | $848,262 | - | - |
| 2008 | 1 | 45 | $2,020,767 | $193,756 | $4,306iApproximate average salary by contribution assumption: employee only about $107,642 at 4% or $71,761 at 6%; with 50% employer match about $71,761 at 4% or $47,841 at 6%; with 100% employer match about $53,821 at 4% or $35,881 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 45 | $2,020,767 | $193,756 | $4,306iApproximate average salary by contribution assumption: employee only about $107,642 at 4% or $71,761 at 6%; with 50% employer match about $71,761 at 4% or $47,841 at 6%; with 100% employer match about $53,821 at 4% or $35,881 at 6%. |
| 2007 | 2 | 37 | $1,097,108 | $0 | - |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 37 | $1,097,108 | - | - |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 37 | - | - | - |
| 2006 | 1 | 42 | $1,943,086 | $176,506 | $4,203iApproximate average salary by contribution assumption: employee only about $105,063 at 4% or $70,042 at 6%; with 50% employer match about $70,042 at 4% or $46,695 at 6%; with 100% employer match about $52,532 at 4% or $35,021 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 42 | $1,943,086 | $176,506 | $4,203iApproximate average salary by contribution assumption: employee only about $105,063 at 4% or $70,042 at 6%; with 50% employer match about $70,042 at 4% or $46,695 at 6%; with 100% employer match about $52,532 at 4% or $35,021 at 6%. |
| 2005 | 2 | 39 | $2,417,480 | $201,235 | $5,160iApproximate average salary by contribution assumption: employee only about $128,997 at 4% or $85,998 at 6%; with 50% employer match about $85,998 at 4% or $57,332 at 6%; with 100% employer match about $64,498 at 4% or $42,999 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 38 | $1,574,416 | $149,038 | $3,922iApproximate average salary by contribution assumption: employee only about $98,051 at 4% or $65,368 at 6%; with 50% employer match about $65,368 at 4% or $43,578 at 6%; with 100% employer match about $49,026 at 4% or $32,684 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 39 | $843,064 | $52,197 | $1,338iApproximate average salary by contribution assumption: employee only about $33,460 at 4% or $22,306 at 6%; with 50% employer match about $22,306 at 4% or $14,871 at 6%; with 100% employer match about $16,730 at 4% or $11,153 at 6%. |
| 2004 | 1 | 33 | $1,467,178 | $119,469 | $3,620iApproximate average salary by contribution assumption: employee only about $90,507 at 4% or $60,338 at 6%; with 50% employer match about $60,338 at 4% or $40,225 at 6%; with 100% employer match about $45,253 at 4% or $30,169 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 33 | $1,467,178 | $119,469 | $3,620iApproximate average salary by contribution assumption: employee only about $90,507 at 4% or $60,338 at 6%; with 50% employer match about $60,338 at 4% or $40,225 at 6%; with 100% employer match about $45,253 at 4% or $30,169 at 6%. |
| 2003 | 2 | 36 | $1,992,006 | $338,222 | $9,395iApproximate average salary by contribution assumption: employee only about $234,876 at 4% or $156,584 at 6%; with 50% employer match about $156,584 at 4% or $104,390 at 6%; with 100% employer match about $117,438 at 4% or $78,292 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 36 | $1,216,721 | $281,785 | $7,827iApproximate average salary by contribution assumption: employee only about $195,684 at 4% or $130,456 at 6%; with 50% employer match about $130,456 at 4% or $86,971 at 6%; with 100% employer match about $97,842 at 4% or $65,228 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 31 | $775,285 | $56,437 | $1,821iApproximate average salary by contribution assumption: employee only about $45,514 at 4% or $30,342 at 6%; with 50% employer match about $30,342 at 4% or $20,228 at 6%; with 100% employer match about $22,757 at 4% or $15,171 at 6%. |
| 2002 | 2 | 31 | $1,546,159 | $153,884 | $4,964iApproximate average salary by contribution assumption: employee only about $124,100 at 4% or $82,733 at 6%; with 50% employer match about $82,733 at 4% or $55,156 at 6%; with 100% employer match about $62,050 at 4% or $41,367 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 31 | $905,102 | $101,687 | $3,280iApproximate average salary by contribution assumption: employee only about $82,006 at 4% or $54,670 at 6%; with 50% employer match about $54,670 at 4% or $36,447 at 6%; with 100% employer match about $41,003 at 4% or $27,335 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 30 | $641,057 | $52,197 | $1,740iApproximate average salary by contribution assumption: employee only about $43,498 at 4% or $28,998 at 6%; with 50% employer match about $28,998 at 4% or $19,332 at 6%; with 100% employer match about $21,749 at 4% or $14,499 at 6%. |
| 2001 | 2 | 32 | $839,346 | $88,486 | $2,765iApproximate average salary by contribution assumption: employee only about $69,130 at 4% or $46,086 at 6%; with 50% employer match about $46,086 at 4% or $30,724 at 6%; with 100% employer match about $34,565 at 4% or $23,043 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 32 | $839,346 | $88,486 | $2,765iApproximate average salary by contribution assumption: employee only about $69,130 at 4% or $46,086 at 6%; with 50% employer match about $46,086 at 4% or $30,724 at 6%; with 100% employer match about $34,565 at 4% or $23,043 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 31 | - | - | - |
| 2000 | 2 | 28 | $1,164,141 | $140,312 | $5,011iApproximate average salary by contribution assumption: employee only about $125,279 at 4% or $83,519 at 6%; with 50% employer match about $83,519 at 4% or $55,679 at 6%; with 100% employer match about $62,639 at 4% or $41,760 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 28 | $685,976 | $88,115 | $3,147iApproximate average salary by contribution assumption: employee only about $78,674 at 4% or $52,449 at 6%; with 50% employer match about $52,449 at 4% or $34,966 at 6%; with 100% employer match about $39,337 at 4% or $26,225 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 22 | $478,165 | $52,197 | $2,373iApproximate average salary by contribution assumption: employee only about $59,315 at 4% or $39,543 at 6%; with 50% employer match about $39,543 at 4% or $26,362 at 6%; with 100% employer match about $29,657 at 4% or $19,772 at 6%. |
| 1999 | 2 | 26 | $1,203,881 | $112,924 | $4,343iApproximate average salary by contribution assumption: employee only about $108,581 at 4% or $72,387 at 6%; with 50% employer match about $72,387 at 4% or $48,258 at 6%; with 100% employer match about $54,290 at 4% or $36,194 at 6%. |
| Security Federal Savings Bank Employees Savings & Profit Sharing Plan and Trust | - | 26 | $645,541 | $60,727 | $2,336iApproximate average salary by contribution assumption: employee only about $58,391 at 4% or $38,928 at 6%; with 50% employer match about $38,928 at 4% or $25,952 at 6%; with 100% employer match about $29,196 at 4% or $19,464 at 6%. |
| Security Federal Savings Bank Employee Stock Ownership Plan | - | 24 | $558,340 | $52,197 | $2,175iApproximate average salary by contribution assumption: employee only about $54,372 at 4% or $36,248 at 6%; with 50% employer match about $36,248 at 4% or $24,165 at 6%; with 100% employer match about $27,186 at 4% or $18,124 at 6%. |