South Central Bank, Inc. 401(k) Plan: Login, Facts & Contact Information

South Central Bank, Inc. 401(k) Plan Facts

Plan name
SOUTH CENTRAL BANK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOUTH CENTRAL BANK, INC.
Participants
304 (273 active employees)
Former employees with a balance
39
Plan assets
$18,648,961 at Dec 31, 2024
Average account balance
$67,569 across 276 accounts
Employer contributions
$454,341 in plan year 2024 (29% of all contributions)
Recordkeeper
Pension Corporation Of America
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.56 million went into the plan in contributions, $454,341 of it from the employer (29%).
  • $1.64 million was paid out to participants.
  • Investment and other income added $2.32 million.
  • Administrative expenses were $17,211, about $62 per account.

How the South Central Bank, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019288$14.3 million$395,903$617,982
2020284$16.9 million$423,099$888,360
2021294$19.5 million$458,169$1.19 million
2022293$15.4 million$456,275$2.52 million
2023301$16.4 million$433,705$3.03 million
2024304$18.6 million$454,341$1.64 million

South Central Bank, Inc. 401(k) Contact Information

Phone
270-651-7466
Mailing address
P.O. BOX 2367 501 SOUTH L. ROGERS WELLS BLVD., GLASGOW KY 42141
Plan sponsor
SOUTH CENTRAL BANK, INC.
Employer identification number (EIN)
61-0126170
Plan number
001

Questions about the South Central Bank, Inc. 401(k)

Does South Central Bank, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $454,341, 29% of all contributions.

Does the South Central Bank, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the South Central Bank, Inc 401(k) plan?

304 participants at the start of plan year 2024, 273 of them active employees, and 39 former employees who still had money in the plan.

What is the average 401(k) balance at South Central Bank, Inc?

About $67,569 per account: $18.6 million in plan assets across 276 accounts with a balance at the end of plan year 2024.

Who manages the South Central Bank, Inc 401(k) accounts?

PENSION CORPORATION OF AMERICA is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at South Central Bank, Inc. How do I access my 401(k)?

Your account stays with PENSION CORPORATION OF AMERICA after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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