Civic Intelligence

Sumner Bank and Trust

Plan context: Sumner Bank and Trust 401K Plan

EIN 20-1007064 • Gallatin, TN • 20 filings • 1 plans

780 Browns LaneGallatin, TN 37066
Current Snapshot

Latest Year

2024

2024 Participants

45

2024 Assets

$1,478,263

2024 Contributions

$164,720

Historical Graphs

Total Assets Over Time

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

$1,755,772$877,886$0200520142023YearValue
$1,478,263Latest year 2023

Participants Over Time

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

46230200520142023YearValue
45Latest year 2023

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
202410$0$0-
Sumner Bank and Trust 401K Plan-0$0--
2023145$1,478,263$164,720$3,660iApproximate average salary by contribution assumption: employee only about $91,511 at 4% or $61,007 at 6%; with 50% employer match about $61,007 at 4% or $40,672 at 6%; with 100% employer match about $45,756 at 4% or $30,504 at 6%.
Sumner Bank and Trust 401K Plan-45$1,478,263$164,720$3,660iApproximate average salary by contribution assumption: employee only about $91,511 at 4% or $61,007 at 6%; with 50% employer match about $61,007 at 4% or $40,672 at 6%; with 100% employer match about $45,756 at 4% or $30,504 at 6%.
2022145$1,755,772$482,579$10,724iApproximate average salary by contribution assumption: employee only about $268,099 at 4% or $178,733 at 6%; with 50% employer match about $178,733 at 4% or $119,155 at 6%; with 100% employer match about $134,050 at 4% or $89,366 at 6%.
Sumner Bank and Trust 401K Plan-45$1,755,772$482,579$10,724iApproximate average salary by contribution assumption: employee only about $268,099 at 4% or $178,733 at 6%; with 50% employer match about $178,733 at 4% or $119,155 at 6%; with 100% employer match about $134,050 at 4% or $89,366 at 6%.
2021145$1,575,556$195,647$4,348iApproximate average salary by contribution assumption: employee only about $108,693 at 4% or $72,462 at 6%; with 50% employer match about $72,462 at 4% or $48,308 at 6%; with 100% employer match about $54,346 at 4% or $36,231 at 6%.
Sumner Bank and Trust 401K Plan-45$1,575,556$195,647$4,348iApproximate average salary by contribution assumption: employee only about $108,693 at 4% or $72,462 at 6%; with 50% employer match about $72,462 at 4% or $48,308 at 6%; with 100% employer match about $54,346 at 4% or $36,231 at 6%.
2020145$1,603,068$187,222$4,160iApproximate average salary by contribution assumption: employee only about $104,012 at 4% or $69,341 at 6%; with 50% employer match about $69,341 at 4% or $46,228 at 6%; with 100% employer match about $52,006 at 4% or $34,671 at 6%.
Sumner Bank and Trust 401K Plan-45$1,603,068$187,222$4,160iApproximate average salary by contribution assumption: employee only about $104,012 at 4% or $69,341 at 6%; with 50% employer match about $69,341 at 4% or $46,228 at 6%; with 100% employer match about $52,006 at 4% or $34,671 at 6%.
2019145$1,323,357$172,765$3,839iApproximate average salary by contribution assumption: employee only about $95,981 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,994 at 6%.
Sumner Bank and Trust 401K Plan-45$1,323,357$172,765$3,839iApproximate average salary by contribution assumption: employee only about $95,981 at 4% or $63,987 at 6%; with 50% employer match about $63,987 at 4% or $42,658 at 6%; with 100% employer match about $47,990 at 4% or $31,994 at 6%.
2018146$1,053,728$162,031$3,522iApproximate average salary by contribution assumption: employee only about $88,060 at 4% or $58,707 at 6%; with 50% employer match about $58,707 at 4% or $39,138 at 6%; with 100% employer match about $44,030 at 4% or $29,353 at 6%.
Sumner Bank and Trust 401K Plan-46$1,053,728$162,031$3,522iApproximate average salary by contribution assumption: employee only about $88,060 at 4% or $58,707 at 6%; with 50% employer match about $58,707 at 4% or $39,138 at 6%; with 100% employer match about $44,030 at 4% or $29,353 at 6%.
2017140$950,887$144,913$3,623iApproximate average salary by contribution assumption: employee only about $90,571 at 4% or $60,380 at 6%; with 50% employer match about $60,380 at 4% or $40,254 at 6%; with 100% employer match about $45,285 at 4% or $30,190 at 6%.
Sumner Bank and Trust 401K Plan-40$950,887$144,913$3,623iApproximate average salary by contribution assumption: employee only about $90,571 at 4% or $60,380 at 6%; with 50% employer match about $60,380 at 4% or $40,254 at 6%; with 100% employer match about $45,285 at 4% or $30,190 at 6%.
2016140$831,628$121,094$3,027iApproximate average salary by contribution assumption: employee only about $75,684 at 4% or $50,456 at 6%; with 50% employer match about $50,456 at 4% or $33,637 at 6%; with 100% employer match about $37,842 at 4% or $25,228 at 6%.
Sumner Bank and Trust 401K Plan-40$831,628$121,094$3,027iApproximate average salary by contribution assumption: employee only about $75,684 at 4% or $50,456 at 6%; with 50% employer match about $50,456 at 4% or $33,637 at 6%; with 100% employer match about $37,842 at 4% or $25,228 at 6%.
2015136$787,095$310,370$8,621iApproximate average salary by contribution assumption: employee only about $215,535 at 4% or $143,690 at 6%; with 50% employer match about $143,690 at 4% or $95,793 at 6%; with 100% employer match about $107,767 at 4% or $71,845 at 6%.
Sumner Bank and Trust 401K Plan-36$787,095$310,370$8,621iApproximate average salary by contribution assumption: employee only about $215,535 at 4% or $143,690 at 6%; with 50% employer match about $143,690 at 4% or $95,793 at 6%; with 100% employer match about $107,767 at 4% or $71,845 at 6%.
2014137$623,412$100,002$2,703iApproximate average salary by contribution assumption: employee only about $67,569 at 4% or $45,046 at 6%; with 50% employer match about $45,046 at 4% or $30,031 at 6%; with 100% employer match about $33,784 at 4% or $22,523 at 6%.
Sumner Bank and Trust 401K Plan-37$623,412$100,002$2,703iApproximate average salary by contribution assumption: employee only about $67,569 at 4% or $45,046 at 6%; with 50% employer match about $45,046 at 4% or $30,031 at 6%; with 100% employer match about $33,784 at 4% or $22,523 at 6%.
2013139$850,895$187,211$4,800iApproximate average salary by contribution assumption: employee only about $120,007 at 4% or $80,005 at 6%; with 50% employer match about $80,005 at 4% or $53,336 at 6%; with 100% employer match about $60,004 at 4% or $40,002 at 6%.
Sumner Bank and Trust 401K Plan-39$850,895$187,211$4,800iApproximate average salary by contribution assumption: employee only about $120,007 at 4% or $80,005 at 6%; with 50% employer match about $80,005 at 4% or $53,336 at 6%; with 100% employer match about $60,004 at 4% or $40,002 at 6%.
2012140$734,193$175,913$4,398iApproximate average salary by contribution assumption: employee only about $109,946 at 4% or $73,297 at 6%; with 50% employer match about $73,297 at 4% or $48,865 at 6%; with 100% employer match about $54,973 at 4% or $36,649 at 6%.
Sumner Bank and Trust 401K Plan-40$734,193$175,913$4,398iApproximate average salary by contribution assumption: employee only about $109,946 at 4% or $73,297 at 6%; with 50% employer match about $73,297 at 4% or $48,865 at 6%; with 100% employer match about $54,973 at 4% or $36,649 at 6%.
2011127$531,237$128,250$4,750iApproximate average salary by contribution assumption: employee only about $118,750 at 4% or $79,167 at 6%; with 50% employer match about $79,167 at 4% or $52,778 at 6%; with 100% employer match about $59,375 at 4% or $39,583 at 6%.
Sumner Bank and Trust 401K Plan-27$531,237$128,250$4,750iApproximate average salary by contribution assumption: employee only about $118,750 at 4% or $79,167 at 6%; with 50% employer match about $79,167 at 4% or $52,778 at 6%; with 100% employer match about $59,375 at 4% or $39,583 at 6%.
2010120$425,328$89,406$4,470iApproximate average salary by contribution assumption: employee only about $111,758 at 4% or $74,505 at 6%; with 50% employer match about $74,505 at 4% or $49,670 at 6%; with 100% employer match about $55,879 at 4% or $37,253 at 6%.
Sumner Bank and Trust 401K Plan-20$425,328$89,406$4,470iApproximate average salary by contribution assumption: employee only about $111,758 at 4% or $74,505 at 6%; with 50% employer match about $74,505 at 4% or $49,670 at 6%; with 100% employer match about $55,879 at 4% or $37,253 at 6%.
2009122$307,749$85,150$3,870iApproximate average salary by contribution assumption: employee only about $96,761 at 4% or $64,508 at 6%; with 50% employer match about $64,508 at 4% or $43,005 at 6%; with 100% employer match about $48,381 at 4% or $32,254 at 6%.
Sumner Bank and Trust 401K Plan-22$307,749$85,150$3,870iApproximate average salary by contribution assumption: employee only about $96,761 at 4% or $64,508 at 6%; with 50% employer match about $64,508 at 4% or $43,005 at 6%; with 100% employer match about $48,381 at 4% or $32,254 at 6%.
2008123$168,680$80,841$3,515iApproximate average salary by contribution assumption: employee only about $87,871 at 4% or $58,580 at 6%; with 50% employer match about $58,580 at 4% or $39,054 at 6%; with 100% employer match about $43,935 at 4% or $29,290 at 6%.
Sumner Bank and Trust 401K Plan-23$168,680$80,841$3,515iApproximate average salary by contribution assumption: employee only about $87,871 at 4% or $58,580 at 6%; with 50% employer match about $58,580 at 4% or $39,054 at 6%; with 100% employer match about $43,935 at 4% or $29,290 at 6%.
2007120$173,568$63,216$3,161iApproximate average salary by contribution assumption: employee only about $79,020 at 4% or $52,680 at 6%; with 50% employer match about $52,680 at 4% or $35,120 at 6%; with 100% employer match about $39,510 at 4% or $26,340 at 6%.
Sumner Bank and Trust 401K Plan-20$173,568$63,216$3,161iApproximate average salary by contribution assumption: employee only about $79,020 at 4% or $52,680 at 6%; with 50% employer match about $52,680 at 4% or $35,120 at 6%; with 100% employer match about $39,510 at 4% or $26,340 at 6%.
2006119$102,522$55,835$2,939iApproximate average salary by contribution assumption: employee only about $73,467 at 4% or $48,978 at 6%; with 50% employer match about $48,978 at 4% or $32,652 at 6%; with 100% employer match about $36,734 at 4% or $24,489 at 6%.
Sumner Bank and Trust 401K Plan-19$102,522$55,835$2,939iApproximate average salary by contribution assumption: employee only about $73,467 at 4% or $48,978 at 6%; with 50% employer match about $48,978 at 4% or $32,652 at 6%; with 100% employer match about $36,734 at 4% or $24,489 at 6%.
2005113$39,174$38,536$2,964iApproximate average salary by contribution assumption: employee only about $74,108 at 4% or $49,405 at 6%; with 50% employer match about $49,405 at 4% or $32,937 at 6%; with 100% employer match about $37,054 at 4% or $24,703 at 6%.
Sumner Bank and Trust 401K Plan-13$39,174$38,536$2,964iApproximate average salary by contribution assumption: employee only about $74,108 at 4% or $49,405 at 6%; with 50% employer match about $49,405 at 4% or $32,937 at 6%; with 100% employer match about $37,054 at 4% or $24,703 at 6%.