Civic Intelligence

Damascus Community Bank

Plan context: Damascus Community Bank 401(K) Savings Plan

EIN 52-1512662 • Damascus, MD • 17 filings • 3 plans

26500 Ridge RoadDamascus, MD 20872
Current Snapshot

Latest Year

2017

2017 Participants

81

2017 Assets

$4,254,209

2017 Contributions

$375,824

Historical Graphs

Total Assets Over Time

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

$5,787,053$2,893,527$0200020092016YearValue
$4,254,209Latest year 2016

Participants Over Time

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

96480200020092016YearValue
81Latest year 2016

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
201710$0$375,824-
Damascus Community Bank 401(K) Savings Plan-0-$375,824-
2016181$4,254,209$508,753$6,281iApproximate average salary by contribution assumption: employee only about $157,023 at 4% or $104,682 at 6%; with 50% employer match about $104,682 at 4% or $69,788 at 6%; with 100% employer match about $78,511 at 4% or $52,341 at 6%.
Damascus Community Bank 401(K) Savings Plan-81$4,254,209$508,753$6,281iApproximate average salary by contribution assumption: employee only about $157,023 at 4% or $104,682 at 6%; with 50% employer match about $104,682 at 4% or $69,788 at 6%; with 100% employer match about $78,511 at 4% or $52,341 at 6%.
2015169$5,787,053$436,648$6,328iApproximate average salary by contribution assumption: employee only about $158,206 at 4% or $105,471 at 6%; with 50% employer match about $105,471 at 4% or $70,314 at 6%; with 100% employer match about $79,103 at 4% or $52,735 at 6%.
Damascus Community Bank 401(K) Savings Plan-69$5,787,053$436,648$6,328iApproximate average salary by contribution assumption: employee only about $158,206 at 4% or $105,471 at 6%; with 50% employer match about $105,471 at 4% or $70,314 at 6%; with 100% employer match about $79,103 at 4% or $52,735 at 6%.
2014176$5,779,941$413,982$5,447iApproximate average salary by contribution assumption: employee only about $136,178 at 4% or $90,786 at 6%; with 50% employer match about $90,786 at 4% or $60,524 at 6%; with 100% employer match about $68,089 at 4% or $45,393 at 6%.
Damascus Community Bank 401(K) Savings Plan-76$5,779,941$413,982$5,447iApproximate average salary by contribution assumption: employee only about $136,178 at 4% or $90,786 at 6%; with 50% employer match about $90,786 at 4% or $60,524 at 6%; with 100% employer match about $68,089 at 4% or $45,393 at 6%.
2013196$5,598,569$409,507$4,266iApproximate average salary by contribution assumption: employee only about $106,642 at 4% or $71,095 at 6%; with 50% employer match about $71,095 at 4% or $47,397 at 6%; with 100% employer match about $53,321 at 4% or $35,547 at 6%.
Damascus Community Bank 401(K) Savings Plan-96$5,598,569$409,507$4,266iApproximate average salary by contribution assumption: employee only about $106,642 at 4% or $71,095 at 6%; with 50% employer match about $71,095 at 4% or $47,397 at 6%; with 100% employer match about $53,321 at 4% or $35,547 at 6%.
2012194$4,839,407$401,323$4,269iApproximate average salary by contribution assumption: employee only about $106,735 at 4% or $71,157 at 6%; with 50% employer match about $71,157 at 4% or $47,438 at 6%; with 100% employer match about $53,367 at 4% or $35,578 at 6%.
Damascus Community Bank 401(K) Savings Plan-94$4,839,407$401,323$4,269iApproximate average salary by contribution assumption: employee only about $106,735 at 4% or $71,157 at 6%; with 50% employer match about $71,157 at 4% or $47,438 at 6%; with 100% employer match about $53,367 at 4% or $35,578 at 6%.
2011183$3,999,807$323,848$3,902iApproximate average salary by contribution assumption: employee only about $97,545 at 4% or $65,030 at 6%; with 50% employer match about $65,030 at 4% or $43,353 at 6%; with 100% employer match about $48,772 at 4% or $32,515 at 6%.
Damascus Community Bank 401(K) Savings Plan-83$3,999,807$323,848$3,902iApproximate average salary by contribution assumption: employee only about $97,545 at 4% or $65,030 at 6%; with 50% employer match about $65,030 at 4% or $43,353 at 6%; with 100% employer match about $48,772 at 4% or $32,515 at 6%.
2010179$4,141,991$196,155$2,483iApproximate average salary by contribution assumption: employee only about $62,074 at 4% or $41,383 at 6%; with 50% employer match about $41,383 at 4% or $27,589 at 6%; with 100% employer match about $31,037 at 4% or $20,691 at 6%.
Damascus Community Bank 401(K) Savings Plan-79$4,141,991$196,155$2,483iApproximate average salary by contribution assumption: employee only about $62,074 at 4% or $41,383 at 6%; with 50% employer match about $41,383 at 4% or $27,589 at 6%; with 100% employer match about $31,037 at 4% or $20,691 at 6%.
2009176$3,764,921$314,662$4,140iApproximate average salary by contribution assumption: employee only about $103,507 at 4% or $69,005 at 6%; with 50% employer match about $69,005 at 4% or $46,003 at 6%; with 100% employer match about $51,754 at 4% or $34,502 at 6%.
Damascus Community Bank 401(K) Savings Plan-76$3,764,921$314,662$4,140iApproximate average salary by contribution assumption: employee only about $103,507 at 4% or $69,005 at 6%; with 50% employer match about $69,005 at 4% or $46,003 at 6%; with 100% employer match about $51,754 at 4% or $34,502 at 6%.
2008178$2,742,979$489,585$6,277iApproximate average salary by contribution assumption: employee only about $156,918 at 4% or $104,612 at 6%; with 50% employer match about $104,612 at 4% or $69,741 at 6%; with 100% employer match about $78,459 at 4% or $52,306 at 6%.
Damascus Community Bank 401(K) Savings Plan-78$2,742,979$489,585$6,277iApproximate average salary by contribution assumption: employee only about $156,918 at 4% or $104,612 at 6%; with 50% employer match about $104,612 at 4% or $69,741 at 6%; with 100% employer match about $78,459 at 4% or $52,306 at 6%.
2007149$0$0-
Damascus Community Bank 401(K) Savings Plan-49---
2006148$2,830,134$279,494$5,823iApproximate average salary by contribution assumption: employee only about $145,570 at 4% or $97,047 at 6%; with 50% employer match about $97,047 at 4% or $64,698 at 6%; with 100% employer match about $72,785 at 4% or $48,523 at 6%.
Damascus Community Bank 401(K) Savings Plan-48$2,830,134$279,494$5,823iApproximate average salary by contribution assumption: employee only about $145,570 at 4% or $97,047 at 6%; with 50% employer match about $97,047 at 4% or $64,698 at 6%; with 100% employer match about $72,785 at 4% or $48,523 at 6%.
2005146$2,609,631$310,957$6,760iApproximate average salary by contribution assumption: employee only about $168,998 at 4% or $112,666 at 6%; with 50% employer match about $112,666 at 4% or $75,110 at 6%; with 100% employer match about $84,499 at 4% or $56,333 at 6%.
Damascus Community Bank 401(K) Savings Plan-46$2,609,631$310,957$6,760iApproximate average salary by contribution assumption: employee only about $168,998 at 4% or $112,666 at 6%; with 50% employer match about $112,666 at 4% or $75,110 at 6%; with 100% employer match about $84,499 at 4% or $56,333 at 6%.
2003145$1,729,588$256,055$5,690iApproximate average salary by contribution assumption: employee only about $142,253 at 4% or $94,835 at 6%; with 50% employer match about $94,835 at 4% or $63,223 at 6%; with 100% employer match about $71,126 at 4% or $47,418 at 6%.
Damascus Community Bank 401(K) Savings Plan-45$1,729,588$256,055$5,690iApproximate average salary by contribution assumption: employee only about $142,253 at 4% or $94,835 at 6%; with 50% employer match about $94,835 at 4% or $63,223 at 6%; with 100% employer match about $71,126 at 4% or $47,418 at 6%.
2002145$1,267,682$234,726$5,216iApproximate average salary by contribution assumption: employee only about $130,403 at 4% or $86,936 at 6%; with 50% employer match about $86,936 at 4% or $57,957 at 6%; with 100% employer match about $65,202 at 4% or $43,468 at 6%.
Damascus Community Bank 401(K) Savings Plan-45$1,267,682$234,726$5,216iApproximate average salary by contribution assumption: employee only about $130,403 at 4% or $86,936 at 6%; with 50% employer match about $86,936 at 4% or $57,957 at 6%; with 100% employer match about $65,202 at 4% or $43,468 at 6%.
2001144$1,291,725$215,286$4,893iApproximate average salary by contribution assumption: employee only about $122,322 at 4% or $81,548 at 6%; with 50% employer match about $81,548 at 4% or $54,365 at 6%; with 100% employer match about $61,161 at 4% or $40,774 at 6%.
Damascus Community Bank 401(K) Savings Plan-44$1,291,725$215,286$4,893iApproximate average salary by contribution assumption: employee only about $122,322 at 4% or $81,548 at 6%; with 50% employer match about $81,548 at 4% or $54,365 at 6%; with 100% employer match about $61,161 at 4% or $40,774 at 6%.
2000139$1,181,704$203,676$5,222iApproximate average salary by contribution assumption: employee only about $130,562 at 4% or $87,041 at 6%; with 50% employer match about $87,041 at 4% or $58,027 at 6%; with 100% employer match about $65,281 at 4% or $43,521 at 6%.
Damascus Community Bank 401(K) Savings Plan-39$1,181,704$203,676$5,222iApproximate average salary by contribution assumption: employee only about $130,562 at 4% or $87,041 at 6%; with 50% employer match about $87,041 at 4% or $58,027 at 6%; with 100% employer match about $65,281 at 4% or $43,521 at 6%.