Civic Intelligence

Edgewater Bank

Plan context: Edgewater Bank Employee Stock Ownership Plan

EIN 38-0381552 • St. Joseph, MI • 18 filings • 2 plans

321 Main Street, P.O. Box 146St. Joseph, MI 49085
Current Snapshot

Latest Year

2021

2021 Participants

34

2021 Assets

$1,259,289

2021 Contributions

$162,577

Historical Graphs

Total Assets Over Time

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

$3,099,677$1,549,839$0201120162020YearValue
$1,259,289Latest year 2020

Participants Over Time

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

39200201120162020YearValue
34Latest year 2020

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
202110$0$0-
Edgewater Bank Employee Stock Ownership Plan-0---
2020234$1,259,289$162,577$4,782iApproximate average salary by contribution assumption: employee only about $119,542 at 4% or $79,695 at 6%; with 50% employer match about $79,695 at 4% or $53,130 at 6%; with 100% employer match about $59,771 at 4% or $39,847 at 6%.
Edgewater Bank Employee Stock Ownership Plan-34$1,259,289$45,170$1,329iApproximate average salary by contribution assumption: employee only about $33,213 at 4% or $22,142 at 6%; with 50% employer match about $22,142 at 4% or $14,761 at 6%; with 100% employer match about $16,607 at 4% or $11,071 at 6%.
Edgewater Bank 401(K) Plan-0$0$117,407-
2019236$3,099,677$246,751$6,854iApproximate average salary by contribution assumption: employee only about $171,355 at 4% or $114,237 at 6%; with 50% employer match about $114,237 at 4% or $76,158 at 6%; with 100% employer match about $85,677 at 4% or $57,118 at 6%.
Edgewater Bank 401(K) Plan-36$2,053,547$194,295$5,397iApproximate average salary by contribution assumption: employee only about $134,927 at 4% or $89,951 at 6%; with 50% employer match about $89,951 at 4% or $59,968 at 6%; with 100% employer match about $67,464 at 4% or $44,976 at 6%.
Edgewater Bank Employee Stock Ownership Plan-25$1,046,130$52,456$2,098iApproximate average salary by contribution assumption: employee only about $52,456 at 4% or $34,971 at 6%; with 50% employer match about $34,971 at 4% or $23,314 at 6%; with 100% employer match about $26,228 at 4% or $17,485 at 6%.
2018239$2,871,607$229,974$5,897iApproximate average salary by contribution assumption: employee only about $147,419 at 4% or $98,279 at 6%; with 50% employer match about $98,279 at 4% or $65,520 at 6%; with 100% employer match about $73,710 at 4% or $49,140 at 6%.
Edgewater Bank 401(K) Plan-39$1,810,184$189,424$4,857iApproximate average salary by contribution assumption: employee only about $121,426 at 4% or $80,950 at 6%; with 50% employer match about $80,950 at 4% or $53,967 at 6%; with 100% employer match about $60,713 at 4% or $40,475 at 6%.
Edgewater Bank Employee Stock Ownership Plan-29$1,061,423$40,550$1,398iApproximate average salary by contribution assumption: employee only about $34,957 at 4% or $23,305 at 6%; with 50% employer match about $23,305 at 4% or $15,536 at 6%; with 100% employer match about $17,478 at 4% or $11,652 at 6%.
2017238$2,846,641$275,300$7,245iApproximate average salary by contribution assumption: employee only about $181,118 at 4% or $120,746 at 6%; with 50% employer match about $120,746 at 4% or $80,497 at 6%; with 100% employer match about $90,559 at 4% or $60,373 at 6%.
Edgewater Bank 401(K) Plan-38$1,860,293$238,844$6,285iApproximate average salary by contribution assumption: employee only about $157,134 at 4% or $104,756 at 6%; with 50% employer match about $104,756 at 4% or $69,837 at 6%; with 100% employer match about $78,567 at 4% or $52,378 at 6%.
Edgewater Bank Employee Stock Ownership Plan-27$986,348$36,456$1,350iApproximate average salary by contribution assumption: employee only about $33,756 at 4% or $22,504 at 6%; with 50% employer match about $22,504 at 4% or $15,002 at 6%; with 100% employer match about $16,878 at 4% or $11,252 at 6%.
2016236$2,231,249$253,841$7,051iApproximate average salary by contribution assumption: employee only about $176,278 at 4% or $117,519 at 6%; with 50% employer match about $117,519 at 4% or $78,346 at 6%; with 100% employer match about $88,139 at 4% or $58,759 at 6%.
Edgewater Bank 401(K) Plan-36$1,374,205$217,433$6,040iApproximate average salary by contribution assumption: employee only about $150,995 at 4% or $100,663 at 6%; with 50% employer match about $100,663 at 4% or $67,109 at 6%; with 100% employer match about $75,498 at 4% or $50,332 at 6%.
Edgewater Bank Employee Stock Ownership Plan-27$857,044$36,408$1,348iApproximate average salary by contribution assumption: employee only about $33,711 at 4% or $22,474 at 6%; with 50% employer match about $22,474 at 4% or $14,983 at 6%; with 100% employer match about $16,856 at 4% or $11,237 at 6%.
2015239$1,870,231$234,489$6,013iApproximate average salary by contribution assumption: employee only about $150,313 at 4% or $100,209 at 6%; with 50% employer match about $100,209 at 4% or $66,806 at 6%; with 100% employer match about $75,157 at 4% or $50,104 at 6%.
Edgewater Bank 401(K) Plan-39$1,171,344$202,454$5,191iApproximate average salary by contribution assumption: employee only about $129,778 at 4% or $86,519 at 6%; with 50% employer match about $86,519 at 4% or $57,679 at 6%; with 100% employer match about $64,889 at 4% or $43,259 at 6%.
Edgewater Bank Employee Stock Ownership Plan-26$698,887$32,035$1,232iApproximate average salary by contribution assumption: employee only about $30,803 at 4% or $20,535 at 6%; with 50% employer match about $20,535 at 4% or $13,690 at 6%; with 100% employer match about $15,401 at 4% or $10,268 at 6%.
2014236$1,637,550$208,702$5,797iApproximate average salary by contribution assumption: employee only about $144,932 at 4% or $96,621 at 6%; with 50% employer match about $96,621 at 4% or $64,414 at 6%; with 100% employer match about $72,466 at 4% or $48,311 at 6%.
Edgewater Bank 401(K) Plan-36$1,092,544$177,157$4,921iApproximate average salary by contribution assumption: employee only about $123,026 at 4% or $82,017 at 6%; with 50% employer match about $82,017 at 4% or $54,678 at 6%; with 100% employer match about $61,513 at 4% or $41,009 at 6%.
Edgewater Bank Employee Stock Ownership Plan-27$545,006$31,545$1,168iApproximate average salary by contribution assumption: employee only about $29,208 at 4% or $19,472 at 6%; with 50% employer match about $19,472 at 4% or $12,981 at 6%; with 100% employer match about $14,604 at 4% or $9,736 at 6%.
2013133$967,138$185,961$5,635iApproximate average salary by contribution assumption: employee only about $140,880 at 4% or $93,920 at 6%; with 50% employer match about $93,920 at 4% or $62,613 at 6%; with 100% employer match about $70,440 at 4% or $46,960 at 6%.
Edgewater Bank 401(K) Plan-33$967,138$185,961$5,635iApproximate average salary by contribution assumption: employee only about $140,880 at 4% or $93,920 at 6%; with 50% employer match about $93,920 at 4% or $62,613 at 6%; with 100% employer match about $70,440 at 4% or $46,960 at 6%.
2012127$722,043$104,762$3,880iApproximate average salary by contribution assumption: employee only about $97,002 at 4% or $64,668 at 6%; with 50% employer match about $64,668 at 4% or $43,112 at 6%; with 100% employer match about $48,501 at 4% or $32,334 at 6%.
Edgewater Bank 401(K) Plan-27$722,043$104,762$3,880iApproximate average salary by contribution assumption: employee only about $97,002 at 4% or $64,668 at 6%; with 50% employer match about $64,668 at 4% or $43,112 at 6%; with 100% employer match about $48,501 at 4% or $32,334 at 6%.
2011131$814,253$140,927$4,546iApproximate average salary by contribution assumption: employee only about $113,651 at 4% or $75,767 at 6%; with 50% employer match about $75,767 at 4% or $50,511 at 6%; with 100% employer match about $56,825 at 4% or $37,884 at 6%.
Edgewater Bank 401(K) Plan-31$814,253$140,927$4,546iApproximate average salary by contribution assumption: employee only about $113,651 at 4% or $75,767 at 6%; with 50% employer match about $75,767 at 4% or $50,511 at 6%; with 100% employer match about $56,825 at 4% or $37,884 at 6%.
Edgewater Bank | EIN 38-0381552 | 2021 Form 5500 Company Profile