Civic Intelligence

Albemarle First Bank

Plan context: Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank

EIN 54-1882473 • 8 filings • 2 plans

Current Snapshot

Latest Year

2006

2006 Participants

41

2006 Assets

$1,151,846

2006 Contributions

$81,878

Historical Graphs

Total Assets Over Time

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

$1,151,846$575,923$0199920022005YearValue
$1,151,846Latest year 2005

Participants Over Time

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

53270199920022005YearValue
41Latest year 2005

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
200610$0$81,878-
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-0-$81,878-
2005141$1,151,846$202,292$4,934iApproximate average salary by contribution assumption: employee only about $123,349 at 4% or $82,233 at 6%; with 50% employer match about $82,233 at 4% or $54,822 at 6%; with 100% employer match about $61,674 at 4% or $41,116 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-41$1,151,846$202,292$4,934iApproximate average salary by contribution assumption: employee only about $123,349 at 4% or $82,233 at 6%; with 50% employer match about $82,233 at 4% or $54,822 at 6%; with 100% employer match about $61,674 at 4% or $41,116 at 6%.
2004153$1,096,575$182,494$3,443iApproximate average salary by contribution assumption: employee only about $86,082 at 4% or $57,388 at 6%; with 50% employer match about $57,388 at 4% or $38,259 at 6%; with 100% employer match about $43,041 at 4% or $28,694 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-53$1,096,575$182,494$3,443iApproximate average salary by contribution assumption: employee only about $86,082 at 4% or $57,388 at 6%; with 50% employer match about $57,388 at 4% or $38,259 at 6%; with 100% employer match about $43,041 at 4% or $28,694 at 6%.
2003151$882,381$230,811$4,526iApproximate average salary by contribution assumption: employee only about $113,143 at 4% or $75,428 at 6%; with 50% employer match about $75,428 at 4% or $50,286 at 6%; with 100% employer match about $56,571 at 4% or $37,714 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-51$882,381$230,811$4,526iApproximate average salary by contribution assumption: employee only about $113,143 at 4% or $75,428 at 6%; with 50% employer match about $75,428 at 4% or $50,286 at 6%; with 100% employer match about $56,571 at 4% or $37,714 at 6%.
2002148$574,782$466,406$9,717iApproximate average salary by contribution assumption: employee only about $242,920 at 4% or $161,947 at 6%; with 50% employer match about $161,947 at 4% or $107,964 at 6%; with 100% employer match about $121,460 at 4% or $80,973 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-48$574,782$466,406$9,717iApproximate average salary by contribution assumption: employee only about $242,920 at 4% or $161,947 at 6%; with 50% employer match about $161,947 at 4% or $107,964 at 6%; with 100% employer match about $121,460 at 4% or $80,973 at 6%.
2001131$178,260$114,804$3,703iApproximate average salary by contribution assumption: employee only about $92,584 at 4% or $61,723 at 6%; with 50% employer match about $61,723 at 4% or $41,148 at 6%; with 100% employer match about $46,292 at 4% or $30,861 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-31$178,260$114,804$3,703iApproximate average salary by contribution assumption: employee only about $92,584 at 4% or $61,723 at 6%; with 50% employer match about $61,723 at 4% or $41,148 at 6%; with 100% employer match about $46,292 at 4% or $30,861 at 6%.
2000122$104,898$60,821$2,765iApproximate average salary by contribution assumption: employee only about $69,115 at 4% or $46,077 at 6%; with 50% employer match about $46,077 at 4% or $30,718 at 6%; with 100% employer match about $34,557 at 4% or $23,038 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-22$104,898$60,821$2,765iApproximate average salary by contribution assumption: employee only about $69,115 at 4% or $46,077 at 6%; with 50% employer match about $46,077 at 4% or $30,718 at 6%; with 100% employer match about $34,557 at 4% or $23,038 at 6%.
1999114$54,652$48,784$3,485iApproximate average salary by contribution assumption: employee only about $87,114 at 4% or $58,076 at 6%; with 50% employer match about $58,076 at 4% or $38,717 at 6%; with 100% employer match about $43,557 at 4% or $29,038 at 6%.
Virginia Bankers Association Defined Contribution Plan for Albemarle First Bank-14$54,652$48,784$3,485iApproximate average salary by contribution assumption: employee only about $87,114 at 4% or $58,076 at 6%; with 50% employer match about $58,076 at 4% or $38,717 at 6%; with 100% employer match about $43,557 at 4% or $29,038 at 6%.