Severn Bancorp Inc.
Plan context: Severn Bancorp Inc. 401(K) Retirement Savings Plan
EIN 52-1726127 • Annapolis, MD • 33 filings • 3 plans
Current Snapshot
Latest Year
2021
2021 Participants
174
2021 Assets
$15,302,389
2021 Contributions
$1,587,306
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
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 / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2021 | 2 | 0 | $0 | $1,587,306 | - |
| Severn Bancorp Inc. Employee Benefit Plan | - | 0 | - | - | - |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 0 | - | $1,587,306 | - |
| 2020 | 2 | 174 | $15,302,389 | $1,554,230 | $8,932iApproximate average salary by contribution assumption: employee only about $223,309 at 4% or $148,873 at 6%; with 50% employer match about $148,873 at 4% or $99,248 at 6%; with 100% employer match about $111,654 at 4% or $74,436 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 171 | $15,302,389 | $1,554,230 | $9,089iApproximate average salary by contribution assumption: employee only about $227,227 at 4% or $151,484 at 6%; with 50% employer match about $151,484 at 4% or $100,990 at 6%; with 100% employer match about $113,613 at 4% or $75,742 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 174 | - | - | - |
| 2019 | 2 | 169 | $12,782,480 | $1,314,161 | $7,776iApproximate average salary by contribution assumption: employee only about $194,403 at 4% or $129,602 at 6%; with 50% employer match about $129,602 at 4% or $86,401 at 6%; with 100% employer match about $97,201 at 4% or $64,801 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 169 | $12,782,480 | $1,314,161 | $7,776iApproximate average salary by contribution assumption: employee only about $194,403 at 4% or $129,602 at 6%; with 50% employer match about $129,602 at 4% or $86,401 at 6%; with 100% employer match about $97,201 at 4% or $64,801 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 159 | - | - | - |
| 2018 | 2 | 163 | $9,965,586 | $1,124,889 | $6,901iApproximate average salary by contribution assumption: employee only about $172,529 at 4% or $115,019 at 6%; with 50% employer match about $115,019 at 4% or $76,680 at 6%; with 100% employer match about $86,264 at 4% or $57,510 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 163 | $9,965,586 | $1,124,889 | $6,901iApproximate average salary by contribution assumption: employee only about $172,529 at 4% or $115,019 at 6%; with 50% employer match about $115,019 at 4% or $76,680 at 6%; with 100% employer match about $86,264 at 4% or $57,510 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 159 | - | - | - |
| 2017 | 2 | 139 | $10,420,359 | $1,049,372 | $7,549iApproximate average salary by contribution assumption: employee only about $188,736 at 4% or $125,824 at 6%; with 50% employer match about $125,824 at 4% or $83,883 at 6%; with 100% employer match about $94,368 at 4% or $62,912 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 139 | $10,420,359 | $1,049,372 | $7,549iApproximate average salary by contribution assumption: employee only about $188,736 at 4% or $125,824 at 6%; with 50% employer match about $125,824 at 4% or $83,883 at 6%; with 100% employer match about $94,368 at 4% or $62,912 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 132 | - | - | - |
| 2016 | 2 | 141 | $9,136,122 | $885,399 | $6,279iApproximate average salary by contribution assumption: employee only about $156,986 at 4% or $104,657 at 6%; with 50% employer match about $104,657 at 4% or $69,771 at 6%; with 100% employer match about $78,493 at 4% or $52,329 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 140 | $9,136,122 | $885,399 | $6,324iApproximate average salary by contribution assumption: employee only about $158,107 at 4% or $105,405 at 6%; with 50% employer match about $105,405 at 4% or $70,270 at 6%; with 100% employer match about $79,053 at 4% or $52,702 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 141 | - | - | - |
| 2015 | 2 | 145 | $8,032,586 | $1,137,659 | $7,846iApproximate average salary by contribution assumption: employee only about $196,148 at 4% or $130,765 at 6%; with 50% employer match about $130,765 at 4% or $87,177 at 6%; with 100% employer match about $98,074 at 4% or $65,383 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 145 | $8,032,586 | $1,137,659 | $7,846iApproximate average salary by contribution assumption: employee only about $196,148 at 4% or $130,765 at 6%; with 50% employer match about $130,765 at 4% or $87,177 at 6%; with 100% employer match about $98,074 at 4% or $65,383 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 141 | - | - | - |
| 2014 | 2 | 153 | $7,538,436 | $982,060 | $6,419iApproximate average salary by contribution assumption: employee only about $160,467 at 4% or $106,978 at 6%; with 50% employer match about $106,978 at 4% or $71,319 at 6%; with 100% employer match about $80,234 at 4% or $53,489 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 153 | $7,538,436 | $982,060 | $6,419iApproximate average salary by contribution assumption: employee only about $160,467 at 4% or $106,978 at 6%; with 50% employer match about $106,978 at 4% or $71,319 at 6%; with 100% employer match about $80,234 at 4% or $53,489 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 153 | - | - | - |
| 2013 | 2 | 150 | $6,765,559 | $1,078,753 | $7,192iApproximate average salary by contribution assumption: employee only about $179,792 at 4% or $119,861 at 6%; with 50% employer match about $119,861 at 4% or $79,908 at 6%; with 100% employer match about $89,896 at 4% or $59,931 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 150 | $6,765,559 | $1,078,753 | $7,192iApproximate average salary by contribution assumption: employee only about $179,792 at 4% or $119,861 at 6%; with 50% employer match about $119,861 at 4% or $79,908 at 6%; with 100% employer match about $89,896 at 4% or $59,931 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 147 | - | - | - |
| 2012 | 2 | 127 | $6,096,486 | $614,700 | $4,840iApproximate average salary by contribution assumption: employee only about $121,004 at 4% or $80,669 at 6%; with 50% employer match about $80,669 at 4% or $53,780 at 6%; with 100% employer match about $60,502 at 4% or $40,335 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 127 | $6,096,486 | $614,700 | $4,840iApproximate average salary by contribution assumption: employee only about $121,004 at 4% or $80,669 at 6%; with 50% employer match about $80,669 at 4% or $53,780 at 6%; with 100% employer match about $60,502 at 4% or $40,335 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 123 | - | - | - |
| 2011 | 2 | 123 | $5,283,851 | $571,387 | $4,645iApproximate average salary by contribution assumption: employee only about $116,136 at 4% or $77,424 at 6%; with 50% employer match about $77,424 at 4% or $51,616 at 6%; with 100% employer match about $58,068 at 4% or $38,712 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 120 | $5,283,851 | $571,387 | $4,762iApproximate average salary by contribution assumption: employee only about $119,039 at 4% or $79,359 at 6%; with 50% employer match about $79,359 at 4% or $52,906 at 6%; with 100% employer match about $59,519 at 4% or $39,680 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 123 | - | - | - |
| 2010 | 2 | 136 | $5,186,091 | $553,063 | $4,067iApproximate average salary by contribution assumption: employee only about $101,666 at 4% or $67,777 at 6%; with 50% employer match about $67,777 at 4% or $45,185 at 6%; with 100% employer match about $50,833 at 4% or $33,889 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 116 | $5,186,091 | $553,063 | $4,768iApproximate average salary by contribution assumption: employee only about $119,195 at 4% or $79,463 at 6%; with 50% employer match about $79,463 at 4% or $52,975 at 6%; with 100% employer match about $59,597 at 4% or $39,732 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 136 | - | - | - |
| 2009 | 2 | 115 | $4,995,646 | $459,012 | $3,991iApproximate average salary by contribution assumption: employee only about $99,785 at 4% or $66,523 at 6%; with 50% employer match about $66,523 at 4% or $44,349 at 6%; with 100% employer match about $49,893 at 4% or $33,262 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 115 | $4,995,646 | $459,012 | $3,991iApproximate average salary by contribution assumption: employee only about $99,785 at 4% or $66,523 at 6%; with 50% employer match about $66,523 at 4% or $44,349 at 6%; with 100% employer match about $49,893 at 4% or $33,262 at 6%. |
| Severn Bancorp Inc. Employee Benefit Plan | - | 114 | - | - | - |
| 2008 | 1 | 128 | $3,700,951 | $499,256 | $3,900iApproximate average salary by contribution assumption: employee only about $97,511 at 4% or $65,007 at 6%; with 50% employer match about $65,007 at 4% or $43,338 at 6%; with 100% employer match about $48,755 at 4% or $32,504 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 128 | $3,700,951 | $499,256 | $3,900iApproximate average salary by contribution assumption: employee only about $97,511 at 4% or $65,007 at 6%; with 50% employer match about $65,007 at 4% or $43,338 at 6%; with 100% employer match about $48,755 at 4% or $32,504 at 6%. |
| 2007 | 1 | 100 | $5,945,872 | $569,031 | $5,690iApproximate average salary by contribution assumption: employee only about $142,258 at 4% or $94,839 at 6%; with 50% employer match about $94,839 at 4% or $63,226 at 6%; with 100% employer match about $71,129 at 4% or $47,419 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 100 | $5,945,872 | $569,031 | $5,690iApproximate average salary by contribution assumption: employee only about $142,258 at 4% or $94,839 at 6%; with 50% employer match about $94,839 at 4% or $63,226 at 6%; with 100% employer match about $71,129 at 4% or $47,419 at 6%. |
| 2006 | 1 | 96 | $5,078,534 | $503,877 | $5,249iApproximate average salary by contribution assumption: employee only about $131,218 at 4% or $87,479 at 6%; with 50% employer match about $87,479 at 4% or $58,319 at 6%; with 100% employer match about $65,609 at 4% or $43,739 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 96 | $5,078,534 | $503,877 | $5,249iApproximate average salary by contribution assumption: employee only about $131,218 at 4% or $87,479 at 6%; with 50% employer match about $87,479 at 4% or $58,319 at 6%; with 100% employer match about $65,609 at 4% or $43,739 at 6%. |
| 2005 | 1 | 86 | $4,177,868 | $463,480 | $5,389iApproximate average salary by contribution assumption: employee only about $134,733 at 4% or $89,822 at 6%; with 50% employer match about $89,822 at 4% or $59,881 at 6%; with 100% employer match about $67,366 at 4% or $44,911 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 86 | $4,177,868 | $463,480 | $5,389iApproximate average salary by contribution assumption: employee only about $134,733 at 4% or $89,822 at 6%; with 50% employer match about $89,822 at 4% or $59,881 at 6%; with 100% employer match about $67,366 at 4% or $44,911 at 6%. |
| 2004 | 1 | 78 | $3,528,635 | $413,760 | $5,305iApproximate average salary by contribution assumption: employee only about $132,615 at 4% or $88,410 at 6%; with 50% employer match about $88,410 at 4% or $58,940 at 6%; with 100% employer match about $66,308 at 4% or $44,205 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 78 | $3,528,635 | $413,760 | $5,305iApproximate average salary by contribution assumption: employee only about $132,615 at 4% or $88,410 at 6%; with 50% employer match about $88,410 at 4% or $58,940 at 6%; with 100% employer match about $66,308 at 4% or $44,205 at 6%. |
| 2003 | 1 | 80 | $2,945,058 | $375,280 | $4,691iApproximate average salary by contribution assumption: employee only about $117,275 at 4% or $78,183 at 6%; with 50% employer match about $78,183 at 4% or $52,122 at 6%; with 100% employer match about $58,638 at 4% or $39,092 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 80 | $2,945,058 | $375,280 | $4,691iApproximate average salary by contribution assumption: employee only about $117,275 at 4% or $78,183 at 6%; with 50% employer match about $78,183 at 4% or $52,122 at 6%; with 100% employer match about $58,638 at 4% or $39,092 at 6%. |
| 2002 | 1 | 78 | $2,085,240 | $365,685 | $4,688iApproximate average salary by contribution assumption: employee only about $117,207 at 4% or $78,138 at 6%; with 50% employer match about $78,138 at 4% or $52,092 at 6%; with 100% employer match about $58,603 at 4% or $39,069 at 6%. |
| Severn Bancorp Inc. 401(K) Retirement Savings Plan | - | 78 | $2,085,240 | $365,685 | $4,688iApproximate average salary by contribution assumption: employee only about $117,207 at 4% or $78,138 at 6%; with 50% employer match about $78,138 at 4% or $52,092 at 6%; with 100% employer match about $58,603 at 4% or $39,069 at 6%. |