Civic Intelligence

Strata Bank

Plan context: Sbera 401 K Plan as Adopted by Summit Bank

EIN 04-3401480 • 21 filings • 6 plans

Current Snapshot

Latest Year

2008

2008 Participants

77

2008 Assets

$3,481,920

2008 Contributions

$413,613

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,227,030$2,113,515$0199920032008YearValue
$3,481,920Latest year 2008

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

77390199920042008YearValue
77Latest year 2008

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 / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2008177$3,481,920$413,613$5,372iApproximate average salary by contribution assumption: employee only about $134,290 at 4% or $89,527 at 6%; with 50% employer match about $89,527 at 4% or $59,684 at 6%; with 100% employer match about $67,145 at 4% or $44,763 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-77$3,481,920$413,613$5,372iApproximate average salary by contribution assumption: employee only about $134,290 at 4% or $89,527 at 6%; with 50% employer match about $89,527 at 4% or $59,684 at 6%; with 100% employer match about $67,145 at 4% or $44,763 at 6%.
2007276$0$29,642$390iApproximate average salary by contribution assumption: employee only about $9,751 at 4% or $6,500 at 6%; with 50% employer match about $6,500 at 4% or $4,334 at 6%; with 100% employer match about $4,875 at 4% or $3,250 at 6%.
Summit Bank Employee Stock Ownership Plan-0-$29,642-
Sbera 401 K Plan as Adopted by Summit Bank-76---
2006276$4,227,030$407,128$5,357iApproximate average salary by contribution assumption: employee only about $133,924 at 4% or $89,282 at 6%; with 50% employer match about $89,282 at 4% or $59,522 at 6%; with 100% employer match about $66,962 at 4% or $44,641 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-76$2,715,759$337,711$4,444iApproximate average salary by contribution assumption: employee only about $111,089 at 4% or $74,059 at 6%; with 50% employer match about $74,059 at 4% or $49,373 at 6%; with 100% employer match about $55,545 at 4% or $37,030 at 6%.
Summit Bank Employee Stock Ownership Plan-71$1,511,271$69,417$978iApproximate average salary by contribution assumption: employee only about $24,443 at 4% or $16,295 at 6%; with 50% employer match about $16,295 at 4% or $10,863 at 6%; with 100% employer match about $12,221 at 4% or $8,148 at 6%.
2005263$3,624,414$367,461$5,833iApproximate average salary by contribution assumption: employee only about $145,818 at 4% or $97,212 at 6%; with 50% employer match about $97,212 at 4% or $64,808 at 6%; with 100% employer match about $72,909 at 4% or $48,606 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-63$2,203,764$294,474$4,674iApproximate average salary by contribution assumption: employee only about $116,855 at 4% or $77,903 at 6%; with 50% employer match about $77,903 at 4% or $51,935 at 6%; with 100% employer match about $58,427 at 4% or $38,952 at 6%.
Summit Bank Employee Stock Ownership Plan-59$1,420,650$72,987$1,237iApproximate average salary by contribution assumption: employee only about $30,927 at 4% or $20,618 at 6%; with 50% employer match about $20,618 at 4% or $13,745 at 6%; with 100% employer match about $15,463 at 4% or $10,309 at 6%.
2004264$3,536,595$420,619$6,572iApproximate average salary by contribution assumption: employee only about $164,304 at 4% or $109,536 at 6%; with 50% employer match about $109,536 at 4% or $73,024 at 6%; with 100% employer match about $82,152 at 4% or $54,768 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-64$1,949,498$344,227$5,379iApproximate average salary by contribution assumption: employee only about $134,464 at 4% or $89,642 at 6%; with 50% employer match about $89,642 at 4% or $59,762 at 6%; with 100% employer match about $67,232 at 4% or $44,821 at 6%.
Summit Bank Employee Stock Ownership Plan-63$1,587,097$76,392$1,213iApproximate average salary by contribution assumption: employee only about $30,314 at 4% or $20,210 at 6%; with 50% employer match about $20,210 at 4% or $13,473 at 6%; with 100% employer match about $15,157 at 4% or $10,105 at 6%.
2003261$3,370,713$316,041$5,181iApproximate average salary by contribution assumption: employee only about $129,525 at 4% or $86,350 at 6%; with 50% employer match about $86,350 at 4% or $57,567 at 6%; with 100% employer match about $64,763 at 4% or $43,175 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-61$1,713,227$236,212$3,872iApproximate average salary by contribution assumption: employee only about $96,808 at 4% or $64,539 at 6%; with 50% employer match about $64,539 at 4% or $43,026 at 6%; with 100% employer match about $48,404 at 4% or $32,269 at 6%.
Summit Bank Employee Stock Ownership Plan-61$1,657,486$79,829$1,309iApproximate average salary by contribution assumption: employee only about $32,717 at 4% or $21,811 at 6%; with 50% employer match about $21,811 at 4% or $14,541 at 6%; with 100% employer match about $16,358 at 4% or $10,906 at 6%.
2002263$2,157,763$297,014$4,715iApproximate average salary by contribution assumption: employee only about $117,863 at 4% or $78,575 at 6%; with 50% employer match about $78,575 at 4% or $52,383 at 6%; with 100% employer match about $58,931 at 4% or $39,288 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-63$1,250,619$213,429$3,388iApproximate average salary by contribution assumption: employee only about $84,694 at 4% or $56,463 at 6%; with 50% employer match about $56,463 at 4% or $37,642 at 6%; with 100% employer match about $42,347 at 4% or $28,231 at 6%.
Summit Bank Employee Stock Ownership Plan-60$907,144$83,585$1,393iApproximate average salary by contribution assumption: employee only about $34,827 at 4% or $23,218 at 6%; with 50% employer match about $23,218 at 4% or $15,479 at 6%; with 100% employer match about $17,414 at 4% or $11,609 at 6%.
2001263$1,234,174$1,128,655$17,915iApproximate average salary by contribution assumption: employee only about $447,879 at 4% or $298,586 at 6%; with 50% employer match about $298,586 at 4% or $199,057 at 6%; with 100% employer match about $223,939 at 4% or $149,293 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-63$1,234,174$1,128,655$17,915iApproximate average salary by contribution assumption: employee only about $447,879 at 4% or $298,586 at 6%; with 50% employer match about $298,586 at 4% or $199,057 at 6%; with 100% employer match about $223,939 at 4% or $149,293 at 6%.
Summit Bank Employee Stock Ownership Plan-49---
2000350$1,562,242$312,851$6,257iApproximate average salary by contribution assumption: employee only about $156,426 at 4% or $104,284 at 6%; with 50% employer match about $104,284 at 4% or $69,522 at 6%; with 100% employer match about $78,213 at 4% or $52,142 at 6%.
Sbera 401 K Plan as Adopted by Summit Bank-50$1,167,829$222,253$4,445iApproximate average salary by contribution assumption: employee only about $111,127 at 4% or $74,084 at 6%; with 50% employer match about $74,084 at 4% or $49,390 at 6%; with 100% employer match about $55,563 at 4% or $37,042 at 6%.
Summit Bank Employee Stock Ownership Plan-50$394,413$90,598$1,812iApproximate average salary by contribution assumption: employee only about $45,299 at 4% or $30,199 at 6%; with 50% employer match about $30,199 at 4% or $20,133 at 6%; with 100% employer match about $22,650 at 4% or $15,100 at 6%.
Sbera Pension Plan as Adopted by Strata Bank-0---
1999345$2,904,546$15,851$352iApproximate average salary by contribution assumption: employee only about $8,806 at 4% or $5,871 at 6%; with 50% employer match about $5,871 at 4% or $3,914 at 6%; with 100% employer match about $4,403 at 4% or $2,935 at 6%.
Sbera Pension Plan as Adopted by Strata Bank-45$1,383,730--
Sbera 401 K Plan as Adopted by Summit Bank-41$1,037,861$15,851$387iApproximate average salary by contribution assumption: employee only about $9,665 at 4% or $6,443 at 6%; with 50% employer match about $6,443 at 4% or $4,296 at 6%; with 100% employer match about $4,833 at 4% or $3,222 at 6%.
Summit Bank Employee Stock Ownership Plan-33$482,955--