Civic Intelligence

Covest Bancshares

Plan context: Covest Bancshares Inc. Employee Stock Ownership Plan

EIN 36-2045478 • 15 filings • 3 plans

Current Snapshot

Latest Year

2004

2004 Participants

157

2004 Assets

$13,651,429

2004 Contributions

$1,707,679

Historical Graphs

Total Assets Over Time

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

$15,002,522$7,501,261$0199920012003YearValue
$13,651,429Latest year 2003

Participants Over Time

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

157790199920012003YearValue
157Latest year 2003

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
200410$0$0-
COVEST BANC PROFIT SHARING PLAN-0---
20033157$13,651,429$1,707,679$10,877iApproximate average salary by contribution assumption: employee only about $271,923 at 4% or $181,282 at 6%; with 50% employer match about $181,282 at 4% or $120,855 at 6%; with 100% employer match about $135,962 at 4% or $90,641 at 6%.
Covest Bancshares Inc. Employee Stock Ownership Plan-0$9,130,738$1,251,989-
COVEST BANC PROFIT SHARING PLAN-157$4,520,691$455,690$2,902iApproximate average salary by contribution assumption: employee only about $72,562 at 4% or $48,375 at 6%; with 50% employer match about $48,375 at 4% or $32,250 at 6%; with 100% employer match about $36,281 at 4% or $24,187 at 6%.
Covest Banc Health & Welfare-0---
20023136$15,002,522$785,208$5,774iApproximate average salary by contribution assumption: employee only about $144,340 at 4% or $96,226 at 6%; with 50% employer match about $96,226 at 4% or $64,151 at 6%; with 100% employer match about $72,170 at 4% or $48,113 at 6%.
Covest Bancshares Inc. Employee Stock Ownership Plan-117$10,693,868$331,830$2,836iApproximate average salary by contribution assumption: employee only about $70,904 at 4% or $47,269 at 6%; with 50% employer match about $47,269 at 4% or $31,513 at 6%; with 100% employer match about $35,452 at 4% or $23,635 at 6%.
COVEST BANC PROFIT SHARING PLAN-136$4,308,654$453,378$3,334iApproximate average salary by contribution assumption: employee only about $83,342 at 4% or $55,561 at 6%; with 50% employer match about $55,561 at 4% or $37,041 at 6%; with 100% employer match about $41,671 at 4% or $27,781 at 6%.
Covest Banc Health & Welfare-121---
20013130$9,069,004$537,973$4,138iApproximate average salary by contribution assumption: employee only about $103,456 at 4% or $68,971 at 6%; with 50% employer match about $68,971 at 4% or $45,981 at 6%; with 100% employer match about $51,728 at 4% or $34,485 at 6%.
Covest Bancshares Inc. Employee Stock Ownership Plan-100$5,943,803$145,000$1,450iApproximate average salary by contribution assumption: employee only about $36,250 at 4% or $24,167 at 6%; with 50% employer match about $24,167 at 4% or $16,111 at 6%; with 100% employer match about $18,125 at 4% or $12,083 at 6%.
COVEST BANC PROFIT SHARING PLAN-130$3,125,201$392,973$3,023iApproximate average salary by contribution assumption: employee only about $75,572 at 4% or $50,381 at 6%; with 50% employer match about $50,381 at 4% or $33,587 at 6%; with 100% employer match about $37,786 at 4% or $25,191 at 6%.
Covest Banc Health & Welfare-128---
20003131$4,469,180$0-
Covest Bancshares Inc. Employee Stock Ownership Plan-94$4,469,180--
Covest Banc Health & Welfare-110---
COVEST BANC PROFIT SHARING PLAN-131---
19992117$4,862,448$214,667$1,835iApproximate average salary by contribution assumption: employee only about $45,869 at 4% or $30,579 at 6%; with 50% employer match about $30,579 at 4% or $20,386 at 6%; with 100% employer match about $22,935 at 4% or $15,290 at 6%.
Covest Bancshares Inc. Employee Stock Ownership Plan-107$4,862,448$214,667$2,006iApproximate average salary by contribution assumption: employee only about $50,156 at 4% or $33,437 at 6%; with 50% employer match about $33,437 at 4% or $22,291 at 6%; with 100% employer match about $25,078 at 4% or $16,719 at 6%.
Covest Banc Health & Welfare-117---