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Original filing (PDF)20251013100856NAL0001078737001
FIRST SECURITY BANK
Form 5500
FILING_RECEIVED
FIRST SECURITY BANK EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 3
86% in single holding86% employer stockNo recordkeeper disclosed
Active participants
170
Accounts w/ balance
316
Plan assets (EOY)
$18.3M
Net assets (EOY)
$18.3M
How this plan invests
This plan
5 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
75
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Security Capital Corporation common * stock - allocated closely-held employer stock" is 86% of plan.
- 86% of plan in employer / sponsor stock.
- No recordkeeper disclosed on Schedule C.
Helping the score
- No Schedule C compensation disclosed — likely a small plan or unbundled.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for FIRST SECURITY BANK.
Plan sponsor
Name
FIRST SECURITY BANK
EIN
64-0322079
Address
295 HIGHWAY 6 WEST · BATESVILLE, MS · 386060690
Phone
(662) 563-9311
Industry
Commercial Banking· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
2E · Profit-sharing
2O · ESOP (non-leveraged)
Audit & trust (Schedule H)
Auditor
REYNOLDS BONE & GRIESBECK PLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
No Schedule C providers reportedInvestments
3 direct securities· $17.9M(98% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Security Capital Corporation common * stock - allocated closely-held employer stock | — | — | $7.8M | $16.6M | 90.3% | |
| First Security Bank money market mutual fund | — | — | $961K | $961K | 5.2% | |
| Federated Capital Preservation Fund collective investment fund | — | — | $355K | $355K | 1.9% |
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