Civic Intelligence
Filing

1St Summit Bank Capital Accumulation Plan

1ST SUMMIT BANK • EIN 25-0773370 • Plan year 2000

Company ProfileSource Archive
Filing Insights

Participants

Down

111 → 100

-11 • -9.91%

Assets

Up

$1,646,498 → $1,816,926

$170,428 • 10.35%

Investment Management Fee

-

Admin expenses - • Total expenses $111,112

Filing Details

Context
Net investment result
$170,428

Status Flags

Fidelity bond in place

No

Limited-scope audit performed

Not reported

Contributions transmitted on time

Not reported

Participant loans in default

No

Leases in default

No

Reportable party-in-interest issues

Not reported

Loss discovered during year

No

Assets with undetermined value

No

Non-cash contributions

No

Assets held for investment

Not reported

5% transactions reported

Not reported

All plan assets distributed

No

Benefits paid when due

Not reported

Plan blackout period

Not reported

Plan termination resolution adopted

No

Counterparties

Company Timeline

This filing is highlighted inside the broader sponsor history.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20191188$22,416,602$873,184$4,645iApproximate average salary by contribution assumption: employee only about $116,115 at 4% or $77,410 at 6%; with 50% employer match about $77,410 at 4% or $51,607 at 6%; with 100% employer match about $58,057 at 4% or $38,705 at 6%.
1St Summit Bank Capital Accumulation Plan-188$22,416,602$873,184$4,645iApproximate average salary by contribution assumption: employee only about $116,115 at 4% or $77,410 at 6%; with 50% employer match about $77,410 at 4% or $51,607 at 6%; with 100% employer match about $58,057 at 4% or $38,705 at 6%.
20181179$19,718,076$828,971$4,631iApproximate average salary by contribution assumption: employee only about $115,778 at 4% or $77,185 at 6%; with 50% employer match about $77,185 at 4% or $51,457 at 6%; with 100% employer match about $57,889 at 4% or $38,593 at 6%.
1St Summit Bank Capital Accumulation Plan-179$19,718,076$828,971$4,631iApproximate average salary by contribution assumption: employee only about $115,778 at 4% or $77,185 at 6%; with 50% employer match about $77,185 at 4% or $51,457 at 6%; with 100% employer match about $57,889 at 4% or $38,593 at 6%.
20171171$18,425,394$768,335$4,493iApproximate average salary by contribution assumption: employee only about $112,330 at 4% or $74,886 at 6%; with 50% employer match about $74,886 at 4% or $49,924 at 6%; with 100% employer match about $56,165 at 4% or $37,443 at 6%.
1St Summit Bank Capital Accumulation Plan-171$18,425,394$768,335$4,493iApproximate average salary by contribution assumption: employee only about $112,330 at 4% or $74,886 at 6%; with 50% employer match about $74,886 at 4% or $49,924 at 6%; with 100% employer match about $56,165 at 4% or $37,443 at 6%.
20161164$16,104,584$706,279$4,307iApproximate average salary by contribution assumption: employee only about $107,664 at 4% or $71,776 at 6%; with 50% employer match about $71,776 at 4% or $47,851 at 6%; with 100% employer match about $53,832 at 4% or $35,888 at 6%.
1St Summit Bank Capital Accumulation Plan-164$16,104,584$706,279$4,307iApproximate average salary by contribution assumption: employee only about $107,664 at 4% or $71,776 at 6%; with 50% employer match about $71,776 at 4% or $47,851 at 6%; with 100% employer match about $53,832 at 4% or $35,888 at 6%.
20151166$14,359,162$672,007$4,048iApproximate average salary by contribution assumption: employee only about $101,206 at 4% or $67,471 at 6%; with 50% employer match about $67,471 at 4% or $44,980 at 6%; with 100% employer match about $50,603 at 4% or $33,735 at 6%.
1St Summit Bank Capital Accumulation Plan-166$14,359,162$672,007$4,048iApproximate average salary by contribution assumption: employee only about $101,206 at 4% or $67,471 at 6%; with 50% employer match about $67,471 at 4% or $44,980 at 6%; with 100% employer match about $50,603 at 4% or $33,735 at 6%.
20141164$13,310,287$649,366$3,960iApproximate average salary by contribution assumption: employee only about $98,989 at 4% or $65,992 at 6%; with 50% employer match about $65,992 at 4% or $43,995 at 6%; with 100% employer match about $49,494 at 4% or $32,996 at 6%.
1St Summit Bank Capital Accumulation Plan-164$13,310,287$649,366$3,960iApproximate average salary by contribution assumption: employee only about $98,989 at 4% or $65,992 at 6%; with 50% employer match about $65,992 at 4% or $43,995 at 6%; with 100% employer match about $49,494 at 4% or $32,996 at 6%.
20131171$12,115,536$626,062$3,661iApproximate average salary by contribution assumption: employee only about $91,530 at 4% or $61,020 at 6%; with 50% employer match about $61,020 at 4% or $40,680 at 6%; with 100% employer match about $45,765 at 4% or $30,510 at 6%.
1St Summit Bank Capital Accumulation Plan-171$12,115,536$626,062$3,661iApproximate average salary by contribution assumption: employee only about $91,530 at 4% or $61,020 at 6%; with 50% employer match about $61,020 at 4% or $40,680 at 6%; with 100% employer match about $45,765 at 4% or $30,510 at 6%.
20121163$10,442,215$543,986$3,337iApproximate average salary by contribution assumption: employee only about $83,433 at 4% or $55,622 at 6%; with 50% employer match about $55,622 at 4% or $37,082 at 6%; with 100% employer match about $41,717 at 4% or $27,811 at 6%.
1St Summit Bank Capital Accumulation Plan-163$10,442,215$543,986$3,337iApproximate average salary by contribution assumption: employee only about $83,433 at 4% or $55,622 at 6%; with 50% employer match about $55,622 at 4% or $37,082 at 6%; with 100% employer match about $41,717 at 4% or $27,811 at 6%.
20111157$9,332,343$503,670$3,208iApproximate average salary by contribution assumption: employee only about $80,202 at 4% or $53,468 at 6%; with 50% employer match about $53,468 at 4% or $35,645 at 6%; with 100% employer match about $40,101 at 4% or $26,734 at 6%.
1St Summit Bank Capital Accumulation Plan-157$9,332,343$503,670$3,208iApproximate average salary by contribution assumption: employee only about $80,202 at 4% or $53,468 at 6%; with 50% employer match about $53,468 at 4% or $35,645 at 6%; with 100% employer match about $40,101 at 4% or $26,734 at 6%.
20101157$8,695,370$494,399$3,149iApproximate average salary by contribution assumption: employee only about $78,726 at 4% or $52,484 at 6%; with 50% employer match about $52,484 at 4% or $34,989 at 6%; with 100% employer match about $39,363 at 4% or $26,242 at 6%.
1St Summit Bank Capital Accumulation Plan-157$8,695,370$494,399$3,149iApproximate average salary by contribution assumption: employee only about $78,726 at 4% or $52,484 at 6%; with 50% employer match about $52,484 at 4% or $34,989 at 6%; with 100% employer match about $39,363 at 4% or $26,242 at 6%.
20091162$7,540,726$448,248$2,767iApproximate average salary by contribution assumption: employee only about $69,174 at 4% or $46,116 at 6%; with 50% employer match about $46,116 at 4% or $30,744 at 6%; with 100% employer match about $34,587 at 4% or $23,058 at 6%.
1St Summit Bank Capital Accumulation Plan-162$7,540,726$448,248$2,767iApproximate average salary by contribution assumption: employee only about $69,174 at 4% or $46,116 at 6%; with 50% employer match about $46,116 at 4% or $30,744 at 6%; with 100% employer match about $34,587 at 4% or $23,058 at 6%.
20081162$6,504,320$424,962$2,623iApproximate average salary by contribution assumption: employee only about $65,581 at 4% or $43,720 at 6%; with 50% employer match about $43,720 at 4% or $29,147 at 6%; with 100% employer match about $32,790 at 4% or $21,860 at 6%.
1St Summit Bank Capital Accumulation Plan-162$6,504,320$424,962$2,623iApproximate average salary by contribution assumption: employee only about $65,581 at 4% or $43,720 at 6%; with 50% employer match about $43,720 at 4% or $29,147 at 6%; with 100% employer match about $32,790 at 4% or $21,860 at 6%.
20071150$6,571,452$406,774$2,712iApproximate average salary by contribution assumption: employee only about $67,796 at 4% or $45,197 at 6%; with 50% employer match about $45,197 at 4% or $30,131 at 6%; with 100% employer match about $33,898 at 4% or $22,599 at 6%.
1St Summit Bank Capital Accumulation Plan-150$6,571,452$406,774$2,712iApproximate average salary by contribution assumption: employee only about $67,796 at 4% or $45,197 at 6%; with 50% employer match about $45,197 at 4% or $30,131 at 6%; with 100% employer match about $33,898 at 4% or $22,599 at 6%.
20061141$5,714,233$375,574$2,664iApproximate average salary by contribution assumption: employee only about $66,591 at 4% or $44,394 at 6%; with 50% employer match about $44,394 at 4% or $29,596 at 6%; with 100% employer match about $33,296 at 4% or $22,197 at 6%.
1St Summit Bank Capital Accumulation Plan-141$5,714,233$375,574$2,664iApproximate average salary by contribution assumption: employee only about $66,591 at 4% or $44,394 at 6%; with 50% employer match about $44,394 at 4% or $29,596 at 6%; with 100% employer match about $33,296 at 4% or $22,197 at 6%.
20051143$4,732,522$357,632$2,501iApproximate average salary by contribution assumption: employee only about $62,523 at 4% or $41,682 at 6%; with 50% employer match about $41,682 at 4% or $27,788 at 6%; with 100% employer match about $31,262 at 4% or $20,841 at 6%.
1St Summit Bank Capital Accumulation Plan-143$4,732,522$357,632$2,501iApproximate average salary by contribution assumption: employee only about $62,523 at 4% or $41,682 at 6%; with 50% employer match about $41,682 at 4% or $27,788 at 6%; with 100% employer match about $31,262 at 4% or $20,841 at 6%.
20041128$3,967,195$324,145$2,532iApproximate average salary by contribution assumption: employee only about $63,310 at 4% or $42,206 at 6%; with 50% employer match about $42,206 at 4% or $28,138 at 6%; with 100% employer match about $31,655 at 4% or $21,103 at 6%.
1St Summit Bank Capital Accumulation Plan-128$3,967,195$324,145$2,532iApproximate average salary by contribution assumption: employee only about $63,310 at 4% or $42,206 at 6%; with 50% employer match about $42,206 at 4% or $28,138 at 6%; with 100% employer match about $31,655 at 4% or $21,103 at 6%.
20031123$3,114,271$286,650$2,330iApproximate average salary by contribution assumption: employee only about $58,262 at 4% or $38,841 at 6%; with 50% employer match about $38,841 at 4% or $25,894 at 6%; with 100% employer match about $29,131 at 4% or $19,421 at 6%.
1St Summit Bank Capital Accumulation Plan-123$3,114,271$286,650$2,330iApproximate average salary by contribution assumption: employee only about $58,262 at 4% or $38,841 at 6%; with 50% employer match about $38,841 at 4% or $25,894 at 6%; with 100% employer match about $29,131 at 4% or $19,421 at 6%.
20021117$2,361,660$250,672$2,142iApproximate average salary by contribution assumption: employee only about $53,562 at 4% or $35,708 at 6%; with 50% employer match about $35,708 at 4% or $23,806 at 6%; with 100% employer match about $26,781 at 4% or $17,854 at 6%.
1St Summit Bank Capital Accumulation Plan-117$2,361,660$250,672$2,142iApproximate average salary by contribution assumption: employee only about $53,562 at 4% or $35,708 at 6%; with 50% employer match about $35,708 at 4% or $23,806 at 6%; with 100% employer match about $26,781 at 4% or $17,854 at 6%.
2001199$2,066,202$213,836$2,160iApproximate average salary by contribution assumption: employee only about $53,999 at 4% or $35,999 at 6%; with 50% employer match about $35,999 at 4% or $24,000 at 6%; with 100% employer match about $26,999 at 4% or $18,000 at 6%.
1St Summit Bank Capital Accumulation Plan-99$2,066,202$213,836$2,160iApproximate average salary by contribution assumption: employee only about $53,999 at 4% or $35,999 at 6%; with 50% employer match about $35,999 at 4% or $24,000 at 6%; with 100% employer match about $26,999 at 4% or $18,000 at 6%.
20001100$1,816,926$191,360$1,914iApproximate average salary by contribution assumption: employee only about $47,840 at 4% or $31,893 at 6%; with 50% employer match about $31,893 at 4% or $21,262 at 6%; with 100% employer match about $23,920 at 4% or $15,947 at 6%.
1St Summit Bank Capital Accumulation PlanCurrent100$1,816,926$191,360$1,914iApproximate average salary by contribution assumption: employee only about $47,840 at 4% or $31,893 at 6%; with 50% employer match about $31,893 at 4% or $21,262 at 6%; with 100% employer match about $23,920 at 4% or $15,947 at 6%.
1999192$1,646,498$190,938$2,075iApproximate average salary by contribution assumption: employee only about $51,885 at 4% or $34,590 at 6%; with 50% employer match about $34,590 at 4% or $23,060 at 6%; with 100% employer match about $25,943 at 4% or $17,295 at 6%.
1St Summit Bank Capital Accumulation Plan-92$1,646,498$190,938$2,075iApproximate average salary by contribution assumption: employee only about $51,885 at 4% or $34,590 at 6%; with 50% employer match about $34,590 at 4% or $23,060 at 6%; with 100% employer match about $25,943 at 4% or $17,295 at 6%.
Schedule Details

Schedule I

Schedule I Financial Statement

Small plan result

Balance sheet and activity values reported by the filer for this small-plan annual return.

End-of-year assets$1,816,926$170,428 change

Balance Sheet

Beginning and end of plan year.

Total assets$1,646,498$1,816,926Increase +$170,428 (10.35%)
Total liabilities$0$0No change $0
Net assets$1,646,498$1,816,926Increase +$170,428 (10.35%)

Contributions

Employer contributions$49,428
Participant contributions$141,932
Other contributions$0

Income & Expenses

Total income$281,540
Total expenses$111,112
Net income$170,428
Source fields
Schedule I source fields
Filing Id
84037106324312
Schedule I EIN
25-0773370
Schedule I Plan Num
003
Schedule I Plan Year Begin Date
2000-01-01
Schedule I Tax Period
20001231
Small plan total assets at beginning of year
$1,646,498
Small plan total liabilities at beginning of year
$0
Small plan net assets at beginning of year
$1,646,498
Small plan total assets at end of year
$1,816,926
Small plan total liabilities at end of year
$0
Small plan net assets at end of year
$1,816,926
Small plan employer contributions
$49,428
Small plan participant contributions
$141,932
Small Oth Contribution Rcvd Amount
$0
Small Non Cash Contribution Bs Amount
$0
Small Other Income Amount
$90,180
Small plan total income
$281,540
Small plan total benefit distributions
$111,112
Small Corrective Distribution Amount
$0
Small Dm Dstrb Ptcp Ln A
0
Small Oth Expenses Amount
$0
Small plan total expenses
$111,112
Small plan net income or loss
$170,428
Small Total Plan Transfers Amount
$0
Small Joint Venture End of year Indicator
No
Small Joint Venture End of year Amount
$0
Small Employer Prop End of year Indicator
No
Small Employer Prop End of year Amount
$0
Small Investment Real Est End of year I
2
Small Investment Real Est End of year A
0
Small Employer Sec End of year Indicator
Yes
Small Employer Sec End of year Amount
$804,551
Small Mortg Participants End of year Indicator
Yes
Small Mortg Participants End of year Amount
$20,557
Small Oth Lns Participants End of year Indicator
No
Small Oth Lns Participants End of year Amount
$0
Small Personal Prop End of year Indicator
No
Small Personal Prop End of year Amount
$0
Small Fail Xmt Ctb I
2
Small Fail Xmt Ctb A
0
Small plan participant loans in default
No
Small Loans In Default Amount
$0
Small plan leases in default
No
Small Leases In Default Amount
$0
Small Pt In Interest Not Reported I
2
Small Pt In Interest Not Reported A
0
Small plan fidelity bond in place
No
Small plan fidelity bond amount
$0
Small plan loss discovered during year
No
Small Loss Discovered Dur Year Amount
$0
Small plan assets with undetermined value
No
Small Asset Undeterm Valuation Amount
$0
Small plan non-cash contributions reported
No
Small Non Cash Contribution Amount
$0
Small 20 Percent Sngl Investment Indicator
Yes
Small 20 Percent Sngl Investment Amount
$804,551
Small plan all plan assets distributed
No
Small plan resolution to terminate plan adopted
No
Small Res Terminate Plan Adpt Amount
$0