Civic Intelligence

Summit Bancorp

Plan context: Summit Bancorp Retirement Plan

EIN 22-1903313 • 26 filings • 13 plans

Current Snapshot

Latest Year

2002

2002 Participants

16,503

2002 Assets

$683,108,292

2002 Contributions

$90,867,561

Historical Graphs

Total Assets Over Time

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

$683,108,292$341,554,146$0199920002001YearValue
$683,108,292Latest year 2001

Participants Over Time

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

16,5038,2520199920002001YearValue
16,503Latest year 2001

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
200210$0$0-
Crestmont Federal Savings & Loan Assoc. Employee Stock Ownership Plan-0---
20011016,503$683,108,292$90,867,561$5,506iApproximate average salary by contribution assumption: employee only about $137,653 at 4% or $91,769 at 6%; with 50% employer match about $91,769 at 4% or $61,179 at 6%; with 100% employer match about $68,827 at 4% or $45,884 at 6%.
Summit Bancorp Retirement Plan-0$372,653,906$22,750,000-
SUMMIT BANCORP SAVINGS INCENTIVE SAVINGS PLAN-16,503$310,454,386$26,516,724$1,607iApproximate average salary by contribution assumption: employee only about $40,170 at 4% or $26,780 at 6%; with 50% employer match about $26,780 at 4% or $17,853 at 6%; with 100% employer match about $20,085 at 4% or $13,390 at 6%.
Summit Bancorp Personal Accident Insurance-0---
Summit Bancorp Long Term Disability Income Plan-0---
Business Travel Accident-0---
Group Dental Plan for Full Time Salaried Staff Members-0-$3,816,121-
Group Ins Pl for Full Time Salaried Staff-0-$37,784,716-
Termination Plan for Surplus Employees-0---
Crestmont Federal Savings & Loan Assoc. Employee Stock Ownership Plan-0---
SUMMIT BANCORP SAVINGS INCENTIVE PLAN-0---
200089,307$2,103,975$41,646,475$4,475iApproximate average salary by contribution assumption: employee only about $111,869 at 4% or $74,579 at 6%; with 50% employer match about $74,579 at 4% or $49,719 at 6%; with 100% employer match about $55,934 at 4% or $37,290 at 6%.
Group Ins Pl for Full Time Salaried Staff-6,521$1,664,619$38,130,495$5,847iApproximate average salary by contribution assumption: employee only about $146,183 at 4% or $97,456 at 6%; with 50% employer match about $97,456 at 4% or $64,970 at 6%; with 100% employer match about $73,092 at 4% or $48,728 at 6%.
Group Dental Plan for Full Time Salaried Staff Members-6,337$297,701$3,515,980$555iApproximate average salary by contribution assumption: employee only about $13,871 at 4% or $9,247 at 6%; with 50% employer match about $9,247 at 4% or $6,165 at 6%; with 100% employer match about $6,935 at 4% or $4,624 at 6%.
Crestmont Federal Savings & Loan Assoc. Employee Stock Ownership Plan-0$141,655--
Termination Plan for Surplus Employees-9,307---
Summit Bancorp Long Term Disability Income Plan-7,631---
Business Travel Accident-9,307---
Summit Bancorp Personal Accident Insurance-2,839---
Summit Bancorp Retirement Plan-7,062---
199979,359$388,377,246$63,618,991$6,798iApproximate average salary by contribution assumption: employee only about $169,941 at 4% or $113,294 at 6%; with 50% employer match about $113,294 at 4% or $75,529 at 6%; with 100% employer match about $84,970 at 4% or $56,647 at 6%.
Summit Bancorp Retirement Plan-6,770$385,922,074$31,803,600$4,698iApproximate average salary by contribution assumption: employee only about $117,443 at 4% or $78,295 at 6%; with 50% employer match about $78,295 at 4% or $52,197 at 6%; with 100% employer match about $58,722 at 4% or $39,148 at 6%.
Group Ins Pl for Full Time Salaried Staff-6,738$2,185,806$28,784,407$4,272iApproximate average salary by contribution assumption: employee only about $106,799 at 4% or $71,199 at 6%; with 50% employer match about $71,199 at 4% or $47,466 at 6%; with 100% employer match about $53,399 at 4% or $35,600 at 6%.
Group Dental Plan for Full Time Salaried Staff Members-6,462$269,366$3,030,984$469iApproximate average salary by contribution assumption: employee only about $11,726 at 4% or $7,817 at 6%; with 50% employer match about $7,817 at 4% or $5,212 at 6%; with 100% employer match about $5,863 at 4% or $3,909 at 6%.
Termination Plan for Surplus Employees-9,359---
Business Travel Accident-9,359---
Summit Bancorp Personal Accident Insurance-2,842---
Summit Bancorp Long Term Disability Income Plan-8,071---